Financial Matters

The Committee on Ways and Means and Financial Matters (WMFM) — It shall be the duty of this Committee to consider and report on all bills, resolutions, and other matters referred to it by the Senate pertaining to the finances or financial administration of the nation, banking laws and regulations, insurance laws and regulations, financial services, and institutions, consumer protection relating to banks, insurance, and financial services, and capital improvement projects and grant applications for funding of such projects. This shall include, but not be limited to, tax and non-tax revenues, national budgets, expenditures, authorizations and appropriations, loans, debts, claims, funding arrangements, accounting and audits, and related subjects. Bills, resolutions, and other matters that pertain to the subject matter of another standing committee may be referred to such other standing committee for preliminary examination and subsequent report to the Committee on Ways and Means and Financial Matters.