Downing Appointed to Financial Services Subcommittees & Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force

Washington, D.C.—Congressman Troy Downing (MT-02) released a statement following his appointments to three House Financial Services Subcommittees. Downing was appointed to the Capital Markets Subcommittee, the Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee, and the Housing and Insurance Subcommittee. Downing is also one of the newest Members of the Committee’s Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force.

“I was honored to be appointed to the Committee’s Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force and three key Subcommittees for the 119th Congress,” said Congressman Downing. “I am prepared to bring my industry experience in tech and real estate and regulatory experience in securities and insurance to bear in these new roles. I look forward to working with Chairmen Wagner, Steil, Flood, and Lucas to advance Committee Republicans’ legislative agenda.”

Background:

The Committee’s new Task Force will conduct hearings looking into issues relating to monetary policy and the Federal Reserve’s dual mandate, analyze the role and responsibility of the Federal Reserve, and examine the impact of fiscal and monetary policies on Treasury debt markets.

Under the direction of Chairman Frank Lucas, Members will work to craft policies that ensure the U.S. dollar remains the world’s reserve currency and ensure price stability. These policies will lead to higher productivity, less uncertainty, and sustained economic prosperity for all Americans.

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