Treasury Select Committee

The House of Commons Treasury Committee (often referred to as the 'Treasury Select Committee') is a select committee of the House of Commons in the Parliament of the United Kingdom. The remit of the committee is to examine the expenditure, administration and policy of HM Treasury, with all of its agencies and associated bodies, including HM Revenue and Customs, the Bank of England, the Prudential Regulation Authority, the Financial Conduct Authority, the Royal Mint, and so on.

Since 2010 the Treasury committee has taken on new powers, including the right to veto appointments to the independent Office for Budget Responsibility, and has forced the Financial Services Authority to publish a detailed report into its handling of the collapse of Royal Bank of Scotland.^[1]

Membership

2015-2017

In June 2015, Andrew Tyrie was elected as the Committee's chair.^[2] The remaining members were appointed in July and served for the 2015-2017 session as follows:

Source: Treasury Committee

2017

On 12 July 2017, Nicky Morgan became the new chair of the committee.^[3]

Changes

Occasionally, the House of Commons orders changes to be made in terms of membership of select committees, as proposed by the Committee of Selection. Such changes are shown below.

Chair of the Treasury Select Committee

Election results

From June 2010 chairs of select committees have been directly elected by a secret ballot of the whole House of Commons using the alternative vote system. Candidates with the fewest votes are eliminated and their votes redistributed until one remaining candidate has more than half of valid votes.^[6] Elections are held at the beginning of a parliament or in the event of a vacancy.^[7]

See also

• List of Committees of the United Kingdom Parliament

References

External links

• Treasury Committee