XP Inc - Ordinary Shares - Class A

Providing the official 'revenue estimates' for all tax bills, this committee has a direct and critical influence on corporate tax structures, capital investment credits, and the overall tax burden that shapes corporate valuations and investment strategies for an investment bank.

This powerful committee controls taxation, trade, and entitlement spending, all of which profoundly impact corporate valuations, investment decisions, global markets, and the overall profitability environment for investment banks.

This committee's oversight of the CFTC and its role in regulating the derivatives/futures market, as well as defining cryptocurrencies as digital commodities, has direct and significant impact on securities dealing and trading desks.

With oversight of antitrust laws and M&A approvals, this committee directly influences the success and valuation of corporate mergers and acquisitions, which are core activities for investment banks.

This committee directly regulates the financial system, including the SEC and the Fed, making it the primary oversight body for investment banking, securities dealing, capital requirements, and emerging areas like cryptocurrency regulation.

Members receive classified briefings on global threats, geopolitical stability, and cybersecurity, which can profoundly impact financial markets, investment decisions, and the risk environment for an investment bank.

As an investment bank, XP's operations and client base are highly sensitive to U.S. foreign policy, sanctions, sovereign credit risk, and international banking access, all directly influenced by this committee.