Baker Hughes Co - Ordinary Shares - Class A

This committee provides critical analysis and revenue estimates for all tax legislation, working directly with the Finance Committee. Its input directly shapes the tax environment, including corporate tax structures and investment credits, which are highly material for BKR.

As the primary committee for taxation and trade, it profoundly impacts BKR through corporate tax policy, international trade agreements, and tariffs, directly influencing the company's profitability, supply chain, and global market access.

This committee directly allocates discretionary federal spending. Its funding decisions for infrastructure, energy projects, and scientific research can create or diminish demand for BKR's equipment and services, providing a direct financial impact.

This is a core committee for BKR. It directly oversees national energy policy, public lands, and the Department of Energy, all of which directly impact oil and gas exploration, leasing, and production activities, thus profoundly affecting BKR's business environment and demand.

This committee's regulation of the EPA directly impacts environmental standards, emissions, and operational permits for the oil and gas exploration and production sector, which are BKR's primary customers. Regulatory changes can significantly affect demand for BKR's equipment and services.

The global oil and gas industry is heavily influenced by U.S. foreign policy, treaties, and sanctions. Committee decisions can directly impact international energy markets, oil prices, and the operational environment for BKR's clients worldwide.