United States Senate Committee on Finance

Committees of the U.S. Congress

Joint Congressional Committees Economic • Library • Printing • Taxation

U.S. Senate Committees Aging • Agriculture, Nutrition, and Forestry • Appropriations • Armed Services • Banking, Housing, and Urban Affairs • Budget • Commerce, Science, and Transportation • Energy and Natural Resources • Environment and Public Works • Ethics (Select) • Finance • Foreign Relations • Health, Education, Labor, and Pensions • Homeland Security and Governmental Affairs • Indian Affairs • Intelligence (Select) • Judiciary • Rules and Administration • Small Business and Entrepreneurship • Veterans' Affairs

U.S. House Committees Agriculture • Appropriations • Armed Services • Budget • Education and the Workforce • Energy and Commerce • Ethics • Financial Services • Foreign Affairs • Homeland Security • House Administration • Intelligence (Permanent Select) • Judiciary • Natural Resources • Oversight and Government Reform • Rules • Science, Space, and Technology • Small Business • Strategic Competition Between the United States and the Chinese Communist Party • Transportation and Infrastructure • Veterans' Affairs • Ways and Means

Background United States Congress • United States Senate • United States House of Representatives • United States Constitution • 113th United States Congress • 112th United States Congress

The United States Senate Committee on Finance is a standing committee of the U.S. Senate. It was created during the 14th Congress between 1815 and 1817.^[1]

Leadership

118th Congress

The committee chairman in the 118th Congress is Ron Wyden (D).

117th Congress

The committee chairman in the 117th Congress was Ron Wyden (D).

116th Congress

The committee chairman in the 116th Congress was Chuck Grassley (R).

115th Congress

The committee chairman in the 115th Congress was Orrin Hatch (R).

114th Congress

The committee chairman in the 114th Congress was Orrin Hatch (R).

113th Congress

The committee chairman in the 113th Congress was initially Max Baucus (D). He was subsequently replaced by Ron Wyden (D) when Baucus was appointed as U.S. Ambassador to China.^[2]

"The Senate Finance Committee has many important responsibilities which include promoting job creation, ensuring competitiveness and stabilizing the nation's fiscal health," Wyden said in a statement. "I also look forward to continuing my work on preserving the Medicare guarantee and protecting retirement security, updating the nation's tax system with a focus on growth, fairness and efficiency and ensuring that fiscal policy supports keeping jobs here in America."^[2]

112th Congress

The committee chairman in the 112th Congress was Max Baucus (D).

Membership

Mike Enzi (R) left this committee in 2020.

Pat Roberts (R) left this committee in 2020.

Mike Enzi (R) left this committee in 2018.

Pat Roberts (R) left this committee in 2018.

Pat Roberts (R) left this committee in 2016.

Mike Enzi (R) left this committee in 2016.

Pat Roberts (R) left this committee in 2014.

Mike Enzi (R) left this committee in 2014.

Mike Enzi (R) left this committee in 2012.

Pat Roberts (R) left this committee in 2012.

Subcommittees

Health Care

To view the jurisdiction and recent activities of this subcommittee, please see the official committee page here.

• 118th Congress Chairwoman: Debbie Stabenow (MI)
• 117th Congress Chairwoman: Debbie Stabenow (MI)
• 116th Congress Chairman: Patrick Toomey (PA)
• 115th Congress Chairman: Patrick Toomey (PA)
• 114th Congress Chairman: Patrick Toomey (PA)
• 113th Congress Chairman: John D. Rockefeller IV (WV)
• 112th Congress Chairman: John D. Rockefeller IV (WV)

Subcommittee on Health Care Members, 2017-2018
Democratic members (8)	Republican members (10)
Debbie Stabenow Ranking Member	Patrick Toomey Chairman
Robert Menendez	Chuck Grassley
Maria Cantwell	Pat Roberts
Tom Carper	Michael Enzi
Ben Cardin	John Thune
Sherrod Brown	Richard Burr
Mark Warner	Johnny Isakson
Ron Wyden	Rob Portman
	Dean Heller
	Bill Cassidy

Taxation and IRS Oversight

To view the jurisdiction and recent activities of this subcommittee, please see the official committee page here.

• 118th Congress Chairman: Sheldon Whitehouse (RI)
• 117th Congress Chairman: Sheldon Whitehouse (RI)
• 116th Congress Chairman: John Thune (SD)
• 115th Congress Chairman: Rob Portman (OH)
• 114th Congress Chairman: Mike Crapo (ID)
• 113th Congress Chairman: Michael Bennet (CO)
• 112th Congress Chairman: Kent Conrad (ND)

Subcommittee on Taxation and IRS Oversight Members, 2017-2018
Democratic members (7)	Republican members (10)
Mark Warner Ranking Member	Rob Portman Chairman
Thomas Carper	Mike Crapo
Claire McCaskill	Pat Roberts
Robert Menendez	Mike Enzi
Michael Bennet	John Cornyn
Robert Casey	John Thune
Maria Cantwell	Richard Burr
	Johnny Isakson
	Pat Toomey
	Tim Scott

Energy, Natural Resources, and Infrastructure

To view the jurisdiction and recent activities of this subcommittee, please see the official committee page here.

• 118th Congress Chairman: Michael Bennet (CO)
• 117th Congress Chairman: Michael Bennet (CO)
• 116th Congress Chairman: Tim Scott (SC)
• 115th Congress Chairman: Dean Heller (NV)
• 114th Congress Chairman: Daniel Coats (IN)
• 113th Congress Chairwoman: Debbie Stabenow (MI)
• 112th Congress Chairman: Jeff Bingaman (NM)

Subcommittee on Energy, Natural Resources and Infrastructure Members, 2017-2018
Democratic members (6)	Republican members (8)
Michael Bennet Ranking Member	Dean Heller Chairman
Maria Cantwell	Chuck Grassley
Bill Nelson	Mike Crapo
Bob Menendez	Michael Enzi
Thomas Carper	John Cornyn
Mark Warner	Richard Burr
	Tim Scott
	Bill Cassidy

International Trade, Customs, and Global Competitiveness

To view the jurisdiction and recent activities of this subcommittee, please see the official committee page here.

• 118th Congress Chairman: Tom Carper (DE)
• 117th Congress Chairman: Tom Carper (DE)
• 116th Congress Chairman: John Cornyn (TX)
• 115th Congress Chairman: John Cornyn (TX)
• 114th Congress Chairman: John Cornyn (TX)
• 113th Congress Chairman: Ron Wyden (OR)
• 112th Congress Chairman: Ron Wyden (OR)

Subcommittee on International Trade, Customs and Global Competitiveness Members, 2017-2018
Democratic members (4)	Republican members (6)
Bob Casey Ranking Member	John Cornyn Chairman
Debbie Stabenow	Chuck Grassley
Bill Nelson	Pat Roberts
Claire McCaskill	Johnny Isakson
	John Thune
	Dean Heller

Social Security, Pensions, and Family Policy

To view the jurisdiction and recent activities of this subcommittee, please see the official committee page here.

• 118th Congress Chairman: Sherrod Brown (OH)
• 117th Congress Chairman: Sherrod Brown (OH)
• 116th Congress Chairman: Rob Portman (OH)
• 115th Congress Chairman: Bill Cassidy (LA)
• 114th Congress Chairman: Dean Heller (NV)
• 113th Congress Chairman: Sherrod Brown (OH)
• 112th Congress Chairwoman: Debbie Stabenow (MI)

Subcommittee on Social Security, Pensions and Family Policy Members, 2017-2018
Democratic members (2)	Republican members (4)
Sherrod Brown Ranking Member	Bill Cassidy Chairman
Bob Casey	Rob Portman
	Mike Crapo
	Pat Toomey

Fiscal Responsibility and Economic Growth

To view the jurisdiction and recent activities of this subcommittee, please see the official committee page here.

• 118th Congress Chairwoman: Elizabeth Warren (MA)
• 117th Congress Chairwoman: Elizabeth Warren (MA)
• 116th Congress Chairman: Bill Cassidy (LA)
• 115th Congress Chairman: Tim Scott (SC)
• 114th Congress Chairman: Rob Portman (OH)
• 113th Congress Chairman: Robert Casey (PA)
• 112th Congress Chairman: Bill Nelson (FL)

Subcommittee on Fiscal Responsibility and Economic Growth Members, 2017-2018
Democratic members (1)	Republican members (2)
Ron Wyden Ranking Member	Tim Scott Chairman
	Orrin Hatch

Nominations for secretary of the Treasury

The following nominations were made for secretary of the Treasury in the Obama and Trump administrations.^[3][4]

Confirmation process for nominees for secretary of the Treasury
Nominee	Announced	Hearings	Received	Status	Vote
Steve Mnuchin	November 30, 2016	January 19, 2017	January 20, 2017	Confirmed on February 13, 2017	53-47
Jack Lew	January 10, 2013	February 13, 2013	January 22, 2013	Confirmed on February 27, 2013	71-26
Timothy Geithner	November 24, 2008	January 21, 2009	January 20, 2009	Confirmed on January 26, 2009	60-34

Jurisdiction

According to the official Senate website, the jurisdiction of the Finance Committee includes the following:

“	taxation and other revenue measures generally, and those relating to the insular possessions bonded debt of the United States customs, collection districts, and ports of entry and delivery reciprocal trade agreements tariff and import quotas, and related matters thereto the transportation of dutiable goods deposit of public moneys general revenue sharing health programs under the Social Security Act, including Medicare, Medicaid, the Children's Health Insurance Program (CHIP), Temporary Assistance to Needy Families (TANF) and other health and human services programs financed by a specific tax or trust fund national social security [5]	”
—U.S. Senate Committee on Finance[6]

Contact

Committee on Finance
United States Senate
219 Dirksen Senate Office Building
Washington, DC 20510-6175

Phone: 202-224-4515
Fax: 202-228-0554

See also

• U.S. Senate
• List of committees in the United States Congress

External links

• Official Senate Page
• Committee profile on Congress Merge
• Committee profile on Govtrack
• Committee profile on Legistorm

Footnotes

v • e Committees of the U.S. Congress Joint Congressional committees Deficit Reduction (Select) • Printing • Taxation • Library • Economic U.S. Senate Committees Aging • Agriculture, Nutrition and Forestry • Appropriations • Armed Services • Banking, Housing, and Urban Affairs • Budget • Commerce, Science and Transportation • Energy and Natural Resources • Environment and Public Works • Ethics (Select) • Finance • Foreign Relations • Health, Education, Labor, and Pensions • Homeland Security and Governmental Affairs • Indian Affairs • Intelligence (Select) • Rules and Administration • Small Business and Entrepreneurship • Veterans' Affairs • Judiciary U.S. House Committees Agriculture • Appropriations • Armed Services • Budget • Education and the Workforce • Energy and Commerce • Ethics • Financial Services • Foreign Affairs • Homeland Security • House Administration • Intelligence (Permanent Select) • Judiciary • Natural Resources • United States House of Representatives Committee on Oversight and Government Reform • Rules • Science, Space, and Technology • Small Business • United States House of Representatives Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party • Transportation and Infrastructure • Veterans' Affairs • Ways and Means