(WASHINGTON – August 1, 2012) Representative Frank Guinta (R, NH-01) was named a member of the important House Committee on Financial Services today. It has jurisdiction over issues pertaining to the economy, the banking system, housing, insurance, and securities and exchange. The Committee also has jurisdiction over monetary policy, international finance, international monetary organizations and efforts to combat terrorist financing.
Representative Guinta said: “I am honored by this appointment. In this new position, I’ll work hard to help improve the economy for all of us and to return opportunity for everyone. It’s also important that job creators have access to credit, so they can grow their payrolls and hire new employees. I will bring that perspective to my duties on the Committee as I continue working to return the good, middle-class jobs that Granite Staters want.”
The Committee oversees the nation’s economy through its oversight of the Federal Reserve Board and individual reserve banks, the Treasury, the production and distribution of currency and the nation’s capital markets. Agencies under the Committee’s oversight include the Federal Reserve, Treasury, the Federal Deposit Insurance Corporation, the Securities and Exchange Commission, the National Credit Union Administration, the Office of the Comptroller of the Currency, the Department of Housing and Urban Development, the Federal Housing Finance Agency and the Export-Import Bank.