What is "finance committee"

n. a committee appointed to consider financial issues

The Finance Committee, until 2015 known as the Finance and Services Committee, is a select committee of the House of Commons in the Parliament of the United Kingdom. The committee considers expenditure on and the administration of services for the House of Commons, and it has responsibility for detailed scrutiny of the House’s budget.

The Senate Finance Committee is a 12 member legislative body consisting of a chairman, a vice-chairman, a secretary, two ex officio and seven members. The Committee operates under a Senate mandate to regulate the taxing authority and the collection of revenues for the state.