“Congress has a fundamental responsibility to work towards a safer and more prosperous America, and I am proud to serve as the Ranking Member of a Subcommittee that exists to do just that."
WASHINGTON, D.C. – Representative Steve Stivers (R-OH) has been named Ranking Member of the House Financial Services Subcommittee on National Security, International Development, and Monetary Policy. He will work with Representative Emanuel Cleaver (D-MO), who was recently selected as Chairman of the Subcommittee.
“Congress has a fundamental responsibility to work towards a safer and more prosperous America, and I am proud to serve as the Ranking Member of a Subcommittee that exists to do just that. I look forward to working with Representative Cleaver to find bipartisan solutions to continue strengthening our economy and national security,” Representative Stivers said.
“I am ready to work towards pragmatic solutions to give our businesses the tools they need to take on China, grow our economy, and create American jobs; to maintain our role at the IMF and World Bank to lead developing countries to prosperity and freedom, and to prohibit bad actors from undermining our national security.”
In addition to conducting oversight of monetary policy and international financial institutions like the International Monetary Fund (IMF) and the World Bank, a primary function of the committee is to detect and deter terrorists, rogue nations, drug cartels, and human traffickers from accessing the financial system.
The Committee conducts oversight of agencies tasked with combatting the financing of terrorism (CFT) and enforcing anti-money laundering (AML) laws. The Committee will help stem the funding of weapons proliferation, human trafficking, and illicit drugs from flowing into communities across the nation by enacting the right public policies and ensuring that agencies are effectively enforcing our laws.
“Pro-growth monetary policies at the Federal Reserve and strong enforcement of illicit finance laws have a real impact here at home, from jobs and investment to public safety. I will use my new role to advance policies with Ohio and the 15th District in mind,” Stivers added.