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Ways & Means History

The Committee on Ways and Means, the oldest tax-writing body in the U.S. House of Representatives since 1789, shapes fiscal legislation including taxes, tariffs, and social service programs. Its notable influence is underscored by numerous members who have risen to prominent national offices, including Presidents and Supreme Court Justices.

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June 17, 2026

Chairman Smith Statement on Fed Rate Announcement 

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Federal Open Market Committee announced…

June 10, 2026

Chairman Smith on CPI Report: Core Inflation Today Is Less Than Half At Same Time Under Joe Biden

Core inflation registered at 2.9 percent, less than half of the 6.0 percent at the same time during the Biden…

June 10, 2026

Work & Welfare Subcommittee Chairman LaHood Opening Statement: Hearing with Social Security Administration Commissioner Frank Bisignano

WASHINGTON, D.C. – Work & Welfare Subcommittee Chairman Darin LaHood (IL-16) delivered the following opening statement at a joint Social…

June 10, 2026

Social Security Subcommittee Chairman Estes Opening Statement: Hearing with Social Security Administration Commissioner Frank Bisignano

WASHINGTON, D.C. – Social Security Subcommittee Chairman Ron Estes (KS-04) delivered the following opening statement at a joint Social Security…

June 9, 2026

Chairman Smith at Digital Asset Legislative Hearing: America Needs Clear Tax Rules to Remain Digital Asset Capital of the World

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) delivered the following opening statement at a Committee legislative…

June 9, 2026

New Legislation Modernizes Tax Rules for Digital Assets, Improving Access to a Growing Market and Maintaining America’s Competitive Advantage 

WASHINGTON, D.C. – Ahead of a Ways and Means legislative hearing on digital asset taxation, Ways and Means Committee Members unveiled…

The Ways and Means Committee has long sounded the alarm on the rampant waste, fraud, and abuse of pandemic unemployment insurance.

Thankfully, we now have an administration that is taking fraud seriously and is working to ensure this money goes to the people these programs were

Founded in Columbus in 1950, PLASKOLITE has spent the last 75 years growing into a global leader in thermoplastics manufacturing.

I appreciated the opportunity to visit their facility and learn more about the work that goes into producing advanced plastic sheet solutions used

The death tax is an unfair pilfer tax that forces farmers and working families to worry about losing their livelihoods during a time of grief.

That’s why the Working Families Tax Cuts increased the death tax exemption to $15 million. I have also introduced the Death Tax Repeal

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