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United States Senate Committee on Finance

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

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

Leadership

119th Congress

The committee chairman in the119th Congress isMike Crapo (R).

118th Congress

The committee chairman in the118th Congress wasRon Wyden (D).

117th Congress

The committee chairman in the117th Congress wasRon Wyden (D).

116th Congress

The committee chairman in the116th Congress wasChuck Grassley (R).

115th Congress

The committee chairman in the115th Congress wasOrrin Hatch (R).

114th Congress

The committee chairman in the114th Congress wasOrrin Hatch (R).

113th Congress

The committee chairman in the113th Congress was initiallyMax Baucus (D). He was subsequently replaced byRon 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 the112th Congress wasMax Baucus (D).

Membership



Rick Scott (R) left this committee in 2024.[Source]

Bob Menendez (D) left this committee in 2024.[Source]



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

Energy, Natural Resources, and Infrastructure

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

Subcommittee on Energy, Natural Resources, and Infrastructure Members, 2025-2026
Democratic members (6)Republican members (7)
Maria CantwellRanking MemberJames LankfordChairman
Michael F. BennetJohn Cornyn
Margaret HassanTim Scott
Ben Ray LujanSteve Daines
Peter WelchJohn Barrasso
Ron WydenEx OfficioRoger Marshall
Mike CrapoEx Officio


Subcommittee on Energy, Natural Resources and Infrastructure Members, 2017-2018
Democratic members (6)Republican members (8)
Michael BennetRanking MemberDean HellerChairman
Maria CantwellChuck Grassley
Bill NelsonMike Crapo
Bob MenendezMichael Enzi
Thomas CarperJohn Cornyn
Mark WarnerRichard Burr
Tim Scott
Bill Cassidy

Fiscal Responsibility and Economic Growth

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

Subcommittee on Fiscal Responsibility and Economic Growth Members, 2025-2026
Democratic members (2)Republican members (3)
Tina SmithRanking MemberRon JohnsonChairman
Ron WydenEx OfficioBill Cassidy
Mike CrapoEx Officio


Subcommittee on Fiscal Responsibility and Economic Growth Members, 2017-2018
Democratic members (1)Republican members (2)
Ron WydenRanking MemberTim ScottChairman
Orrin Hatch

Health Care

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

Subcommittee on Health Care Members, 2025-2026
Democratic members (11)Republican members (12)
Margaret Wood HassanRanking MemberTodd YoungChairman
Mark R. WarnerJohn Thune
Sheldon WhitehouseTim Scott
Catherine Cortez MastoBill Cassidy
Elizabeth WarrenJames Lankford
Bernard SandersSteve Daines
Tina SmithJohn Barrasso
Ben Ray LujanRon Johnson
Raphael G. WarnockThom Tillis
Peter WelchMarsha Blackburn
Ron WydenEx OfficioRoger Marshall
Mike CrapoEx Officio


Subcommittee on Health Care Members, 2017-2018
Democratic members (8)Republican members (10)
Debbie StabenowRanking MemberPatrick ToomeyChairman
Robert MenendezChuck Grassley
Maria CantwellPat Roberts
Tom CarperMichael Enzi
Ben CardinJohn Thune
Sherrod BrownRichard Burr
Mark WarnerJohnny Isakson
Ron WydenRob Portman
Dean Heller
Bill Cassidy

International Trade, Customs, and Global Competitiveness

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

Subcommittee on International Trade, Customs, and Global Competitiveness Members, 2025-2026
Democratic members (8)Republican members (9)
Raphael G. WarnockRanking MemberJohn CornynChairman
Michael F. BennetChuck Grassley
Mark R. WarnerJohn Thune
Sheldon WhitehouseTim Scott
Catherine Cortez MastoSteve Daines
Elizabeth WarrenTodd Young
Tina SmithThom Tillis
Ron WydenEx OfficioRoger Marshall
Mike CrapoEx Officio


Subcommittee on International Trade, Customs and Global Competitiveness Members, 2017-2018
Democratic members (4)Republican members (6)
Bob CaseyRanking MemberJohn CornynChairman
Debbie StabenowChuck Grassley
Bill NelsonPat Roberts
Claire McCaskillJohnny 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 pagehere.

Subcommittee on Social Security, Pensions and Family Policy Members, 2025-2026
Democratic members (3)Republican members (4)
Bernard SandersRanking MemberChuck GrassleyChairman
Catherine Cortez MastoTodd Young
Ron WydenEx OfficioMarsha Blackburn
Mike CrapoEx Officio


Subcommittee on Social Security, Pensions and Family Policy Members, 2017-2018
Democratic members (2)Republican members (4)
Sherrod BrownRanking MemberBill CassidyChairman
Bob CaseyRob Portman
Mike Crapo
Pat Toomey

Taxation and IRS Oversight

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

Subcommittee on Taxation and IRS Oversight Members, 2025-2026
Democratic members (9)Republican members (10)
Michael F. BennetRanking MemberJohn BarrassoChairman
Mark R. WarnerChuck Grassley
Sheldon WhitehouseJohn Cornyn
Margaret Wood HassanJohn Thune
Elizabeth WarrenBill Cassidy
Bernard SandersJames Lankford
Ben Ray LujanRon Johnson
Raphael G. WarnockThom Tillis
Ron WydenEx OfficioMarsha Blackburn
Mike CrapoEx Officio


Subcommittee on Taxation and IRS Oversight Members, 2017-2018
Democratic members (7)Republican members (10)
Mark WarnerRanking MemberRob PortmanChairman
Thomas CarperMike Crapo
Claire McCaskillPat Roberts
Robert MenendezMike Enzi
Michael BennetJohn Cornyn
Robert CaseyJohn Thune
Maria CantwellRichard Burr
Johnny Isakson
Pat Toomey
Tim Scott

Nominations for secretary of the Treasury

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

Confirmation process for nominees for secretary of the Treasury
NomineeAnnouncedHearingsReceivedStatusVote
Scott BessentNovember 22, 2024January 16, 2025January 20, 2025Confirmed on January 27, 202568-29
Janet YellenNovember 30, 2020January 19, 2021January 20, 2021Confirmed on February 25, 202184-15
Steve MnuchinNovember 30, 2016January 19, 2017January 20, 2017Confirmed on February 13, 201753-47
Jack LewJanuary 10, 2013February 13, 2013January 22, 2013Confirmed on February 27, 201371-26
Timothy GeithnerNovember 24, 2008January 21, 2009January 20, 2009Confirmed on January 26, 200960-34

Jurisdiction

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

“
  1. taxation and other revenue measures generally, and those relating to the insular possessions
  2. bonded debt of the United States
  3. customs, collection districts, and ports of entry and delivery
  4. reciprocal trade agreements
  5. tariff and import quotas, and related matters thereto
  6. the transportation of dutiable goods
  7. deposit of public moneys
  8. general revenue sharing
  9. 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
  10. 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

External links

Footnotes

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