U.S. Senate Committee on Finance
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The U.S. Senate Committee on Finance (or, less formally, Senate Finance Committee) is a standing committee of the United States Senate. It is concerns itself with matters relating to the bonded debt of the United States; customs, collection districts, and ports of entry and delivery; deposit of public moneys; general revenue sharing; health programs under the Social Security Act and health programs financed by a specific tax or trust fund; national social security; reciprocal trade agreements; revenue measures generally and those relating to the insular possessions; tariff and import quotas, and related matters thereto; and the transportation of dutiable goods. It is one of the oldest committees in the Senate, dating back to the beginning of the Senate, and having been chaired by such notable senators as Henry Clay. Its official website is available at finance.senate.gov
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Members
The Committee is chaired by Republican Chuck Grassley of Iowa. The ranking Democrat on the Committee is Max Baucus of Montana. The members of the Committee are:
- Charles Grassley (R-Iowa), chairman
- Orrin Hatch (R-Utah)
- Trent Lott (R-Mississippi)
- Olympia Snowe (R-Maine)
- Jon Kyl (R-Arizona)
- Craig Thomas (R-Wyoming)
- Rick Santorum (R-Pennsylvania)
- Bill Frist (R-Tennessee)
- Gordon Smith (R-Oregon)
- Jim Bunning (R-Kentucky)
- Mike Crapo (R-Idaho)
- Max Baucus (D-Montana), ranking minority member
- Jay Rockefeller (D-West Virginia)
- Kent Conrad (D-North Dakota)
- James Jeffords (I-Vermont)
- Jeff Bingaman (D-New Mexico)
- John Kerry (D-Massahusetts)
- Blanche Lincoln (D-Arkansas)
- Ron Wyden (D-Oregon)
- Charles Schumer (D-New York)
Subcommittees
The Senate Finance Committee has the following subcommittees:
- U.S. Senate Finance Subcommittee on Health Care
- Chairman: Orrin Hatch, R-Utah
- Ranking Democrat: Jay Rockefeller, D-West Virginia
- U.S. Senate Finance Subcommittee on International Trade
- Chairman: Craig Thomas, R-Wyoming
- Ranking Democrat: Jeff Bingaman, D-New Mexico
- U.S. Senate Finance Subcommittee on Long-Term Growth and Debt Reduction
- Chairman: Gordon Smith, R-Oregon
- Ranking Democrat: John Kerry D-Massachusetts
- U.S. Senate Finance Subcommittee on Social Security and Family Policy
- Chairman: Rick Santorum, R-Pennsylvania
- Ranking Democrat: Kent Conrad, D-North Dakota
- U.S. Senate Finance Subcommittee on Taxation and IRS Oversight
- Chairman: Jon Kyl, R-Arizona
- Ranking Democrat: James Jeffords, I-Vermont
Chairmen of the Senate Finance Committee, 1816-present
- George Campbell (R-TN) 1816-1818
- John Eppes (R-VA) 1818-1819
- Nathan Sanford (R-NY) 1819-1821
- John Holmes (R-ME) 1821-1822
- Walter Lowrie (R-PA) 1822-1823
- Samuel Smith (D-MD) 1823-1833
- Daniel Webster (W-MA) 1833-1836
- Silas Wright, Jr. (D-NY) 1836-1841
- Henry Clay (W-KY) 1841
- George Evans (W-ME) 1841-1845
- Levi Woodbury (D-NH) 1845
- John C. Calhoun (D-SC) 1845-1846
- Dixon H. Lewis (D-AL) 1846-1847
- Charles G. Atherton (D-NH) 1847-1849
- Daniel S. Dickinson (D-NY) 1849-1850
- Robert M. T. Hunter (D-VA) 1850-1861
- William P. Fessenden (R-ME) 1861-1864
- John Sherman (R-OH) 1864-1865
- William P. Fessenden (R-ME) 1865-1867
- John Sherman (R-OH) 1867-1877
- Justin Smith Morrill (R-VT) 1877-1879
- Thomas F. Bayard (D-DE) 1879-1881
- Justin Smith Morrill (R-VT) 1881-1893
- Daniel W. Voorhees (D-IN) 1893-1895
- Justin Smith Morrill (R-VT) 1895-1898
- Nelson W. Aldrich (R-RI) 1898-1911
- Boies Penrose (R-PA) 1911-1913
- Furnifold M. Simmons (D-NC) 1913-1919
- Boies Penrose (R-PA) 1919-1921
- Porter J. McCumber (R-ND) 1921-1923
- Reed Smoot (R-UT) 1923-1933
- Pat Harrison (D-MS) 1933-1941
- Walter F. George (D-GA) 1941-1947
- Eugene D. Millikin (R-CO) 1947-1949
- Walter F. George (D-GA) 1949-1953
- Eugene D. Millikin (R-CO) 1953-1955
- Harry F. Byrd (D-VA) 1955-1965
- Russell B. Long (D-LA) 1965-1981
- Robert J. Dole (R-KS) 1981-1985
- Robert W. Packwood (R-OR) 1985-1987
- Lloyd M. Bentsen, Jr. (D-TX) 1987-1993
- Daniel Patrick Moynihan (D-NY) 1993-1995
- Robert W. Packwood (R-OR) 1995
- William V. Roth, Jr. (R-DE) 1995-2001
- Max S. Baucus (D-MT) 2001
- Charles E. Grassley (R-IA) 2001
- Max S. Baucus (D-MT) 2001-2003
- Charles E. Grassley (R-IA) 2003-present