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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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April 29, 2026

Bipartisan Foster Care Modernization Legislation Advances Out of Ways and Means After Foster Youth and First Lady Melania Trump Advocacy 

WASHINGTON, D.C. – The Ways and Means Committee approved six pieces of legislation with strong bipartisan support that will modernize the John…

April 29, 2026

Chairman Smith on Fed Rate Announcement: Inflation Rates Have Fallen to Pre-Biden Agenda Lows – So Should Interest Rates 

“It’s past time for the Federal Reserve to recognize the stable prices, steady job creation, and strong economic growth in…

April 29, 2026

Chairman Smith at Foster Care Legislation Markup: Bipartisan Policy Will Help Foster Youth Lead Independent Lives

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

April 28, 2026

ICYMI: Chairman Smith on Squawk Box: Not-for-profit hospitals “look like hedge funds with hospital beds.”

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) joined CNBC’s Squawk Box ahead of a full Committee…

April 28, 2026

What They Are Saying: Historic Bipartisan Reforms Support Long-Term Success for Transition-Age Foster Youth

WASHINGTON, D.C. – Following hearings and direct consultation with foster youth with lived experience, the Ways and Means Committee recently…

April 28, 2026

Chairman Smith to Hospital System CEOs: The Prices You Charge Patients Are Borderline Extortion

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

As a former board member of the @SeamensSociety, which does important work for foster youth in our community, I am proud to support legislation to expand opportunities in education & workforce training for youth aging out so they are better prepared for independence and success.

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PASSED: The Ways and Means Committee just passed H.R. 7995, the Chafee Opportunities for New Networks and Existing Connection Trust (CONNECT) Act.

Led by @RepMikeCarey and @RepGwenMoore, this bill updates Chafee to emphasize building lasting adult connections and allows funds

PASSED: The Ways and Means Committee just passed H.R. 7655, the Support for Expectant and Parenting Foster Youth Act.

Led by @RepRudyYakym and @RepDannyDavis, this bill improves access to home visiting services offered through the Maternal, Infant, and Early Childhood Home

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