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US Senate: Establishing Majority Party Membership on Key Committees for 118th Congress

This Senate resolution formally establishes which majority party senators will serve on key committees, including Finance, Banking, and Foreign Relations. Although it does not directly change laws, the decisions made by these committees significantly impact economic, tax, housing, and international policy, indirectly affecting every citizen's finances and security. These changes determine who will lead the work on future legislation concerning your taxes, mortgages, and international relations.
Key points
Changes in the Finance Committee membership: This committee decides on tax policy, deductions, and social programs that directly affect your income and benefits.
Changes in the Banking, Housing, and Urban Affairs Committee membership: This committee oversees banks, financial markets, and housing policy, impacting mortgage availability and the stability of your savings.
Changes in the Foreign Relations Committee membership: This committee shapes foreign policy, which affects national security and international trade relations.
article Official text account_balance Process page
Adopted
Citizen Poll
No votes cast
Additional Information
Print number: 118_SRES_807
Sponsor: Sen. Schumer, Charles E. [D-NY]
Process start date: 2024-09-10
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A resolution to constitute the majority party's membership on certain committees for the One Hundred Eighteenth Congress, or until their successors are chosen.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_SRES_807.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-09-10.

What are the main provisions?

Key points include:

  • Changes in the Finance Committee membership: This committee decides on tax policy, deductions, and social programs that directly affect your income and benefits.
  • Changes in the Banking, Housing, and Urban Affairs Committee membership: This committee oversees banks, financial markets, and housing policy, impacting mortgage availability and the stability of your savings.
  • Changes in the Foreign Relations Committee membership: This committee shapes foreign policy, which affects national security and international trade relations.
What is the specific legal status?

The current status is Adopted.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Schumer, Charles E. [D-NY].

What is the latest detailed status?

The latest detailed status is: Submitted in the Senate, considered, and agreed to without amendment by Unanimous Consent. (consideration: CR S5907-5908; text: CR S5940)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

CATEGORIES

Economy Real Estate Security