United States House Financial Services Subcommittee on International Monetary Policy and Trade
Encyclopedia
The United States House Financial Services Subcommittee on International Monetary Policy and Trade is a subcommittee of the House Committee on Financial Services. It was formerly part of the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology until the 111th Congress
111th United States Congress
The One Hundred Eleventh United States Congress was the meeting of the legislative branch of the United States federal government from January 3, 2009 until January 3, 2011. It began during the last two weeks of the George W. Bush administration, with the remainder spanning the first two years of...

, when a separate Subcommittee on Domestic Monetary Policy and Technology
United States House Financial Services Subcommittee on Domestic Monetary Policy and Technology
The U.S. House Financial Services Subcommittee on Domestic Monetary Policy and Technology is a subcommittee of the House Committee on Financial Services...

 was created.

Jurisdiction

The subcommittee's jurisdiction includes domestic monetary policy
Monetary policy
Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting a rate of interest for the purpose of promoting economic growth and stability. The official goals usually include relatively stable prices and low unemployment...

, and agencies which directly or indirectly affect domestic monetary policy; multilateral development institutions
Multilateral Development Bank
A multilateral development bank is an institution, created by a group of countries, that provides financing and professional advising for the purpose of development. MDBs have large memberships including both developed donor countries and developing borrower countries...

 such as the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...

; coin
Coin
A coin is a piece of hard material that is standardized in weight, is produced in large quantities in order to facilitate trade, and primarily can be used as a legal tender token for commerce in the designated country, region, or territory....

s and currency
Currency
In economics, currency refers to a generally accepted medium of exchange. These are usually the coins and banknotes of a particular government, which comprise the physical aspects of a nation's money supply...

, including operations of the United States Mint
United States Mint
The United States Mint primarily produces circulating coinage for the United States to conduct its trade and commerce. The Mint was created by Congress with the Coinage Act of 1792, and placed within the Department of State...

 and the Bureau of Engraving and Printing
Bureau of Engraving and Printing
The Bureau of Engraving and Printing is a government agency within the United States Department of the Treasury that designs and produces a variety of security products for the United States government, most notable of which is paper currency for the Federal Reserve. The Federal Reserve itself is...

; and international trade
International trade
International trade is the exchange of capital, goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product...

 and finance
International finance
International finance is the branch of economics that studies the dynamics of exchange rates, foreign investment, global financial system, and how these affect international trade. It also studies international projects, international investments and capital flows, and trade deficits. It includes...

 including all matters pertaining to the International Monetary Fund
International Monetary Fund
The International Monetary Fund is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world...

 and the Export-Import Bank of the United States
Export-Import Bank of the United States
The Export-Import Bank of the United States is the official export credit agency of the United States federal government. It was established in 1934 by an executive order, and made an independent agency in the Executive branch by Congress in 1945, for the purposes of financing and insuring...

.

Members, 112th Congress

Majority Minority
  • Gary Miller
    Gary Miller
    Gary Gene Miller is the U.S. Representative for , and previously the 41st, serving since 2003. He is a member of the Republican Party.-Early life, education and career:...

    , California, Chairman
  • Bob Dold
    Bob Dold
    Robert James "Bob" Dold, Jr. is the U.S. Representative for . He is a member of the Republican Party. Prior to his election, Dold ran his family-owned business, Rose Pest Solutions...

    , Illinois, Vice Chair
  • Ron Paul
    Ron Paul
    Ronald Ernest "Ron" Paul is an American physician, author and United States Congressman who is seeking to be the Republican Party candidate in the 2012 presidential election. Paul represents Texas's 14th congressional district, which covers an area south and southwest of Houston that includes...

    , Texas
  • Donald Manzullo, Illinois
  • John Campbell, California
  • Michele Bachmann
    Michele Bachmann
    Michele Marie Bachmann is a Republican member of the United States House of Representatives, representing , a post she has held since 2007. The district includes several of the northern suburbs of the Twin Cities, such as Woodbury, and Blaine as well as Stillwater and St. Cloud.She is currently a...

    , Minnesota
  • Thad McCotter
    Thad McCotter
    Thaddeus George "Thad" McCotter is the U.S. Representative to , serving since 2003. He is a member of the Republican Party...

    , Michigan
  • Bill Huizenga
    Bill Huizenga
    William P. Huizenga is the member of Congress for . He is a member of the Republican Party. He previously served in the Michigan House of Representatives.-Early life, education, and career:...

    , Michigan
  • Carolyn McCarthy
    Carolyn McCarthy
    Carolyn McCarthy is the U.S. Representative for , serving since 1997. She is a member of the Democratic Party. The district is located in central Long Island in west-central Nassau County and includes Mineola, the Five Towns, East Rockaway, Rockville Centre, Oceanside, Garden City, Hempstead,...

    , New York, Ranking Member
  • Gwen Moore
    Gwen Moore
    Gwendolynne Sophia Moore is the U.S. Representative for , serving since 2005. She is a member of the Democratic Party.The district is based in Milwaukee and also includes South Milwaukee, Cudahy and St. Francis, and part of West Allis. She is the first woman to represent the district...

    , Wisconsin
  • André Carson
    André Carson
    André D. Carson is the U.S. Representative for , serving since the special election in 2008. He is a member of the Democratic Party....

    , Indiana
  • David Scott
    David Scott (politician)
    David A. Scott is the U.S. Representative for , serving since 2003. He is a member of the Democratic Party.-Early life and education:Scott was born in Aynor, South Carolina and attended high school in Daytona Beach, Florida...

    , Georgia
  • Ed Perlmutter
    Ed Perlmutter
    Edwin George "Ed" Perlmutter is the U.S. Representative for , serving since 2007. He is a member of the Democratic Party.- Early life, education and career:...

    , Colorado
  • Joe Donnelly
    Joe Donnelly
    Joseph Simon "Joe" Donnelly, Sr. is the U.S. Representative for , serving since 2007. He is a member of the Democratic Party. Donnelly announced Monday May 9 that he would run for the United States Senate seat that is held by Republican Richard Lugar.-Early life, education and career:Joe Donnelly...

    , Indiana

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