Moody`s Corp.

This committee provides the official revenue estimates and technical analysis for all tax legislation, directly impacting corporate tax structures, capital investment, and the overall tax burden on industries and the economy, which are fundamental to Moody's credit assessments.

As the most powerful economic committee controlling taxation, trade, and entitlement spending, it directly influences corporate valuations, profitability across all sectors, overall economic health, and sovereign fiscal policy, all of which are critical to Moody's core credit rating business.

This committee directly allocates discretionary federal spending across various sectors. Its decisions determine cash flow for government programs and contractors, profoundly impacting the financial health and creditworthiness of many entities Moody's rates, including sovereign and municipal bonds.

This committee directly regulates the entire U.S. financial system, including the SEC, which is the primary regulator for Credit Rating Agencies (CRAs) like Moody's. It influences bank capital requirements and broader financial market regulations critical to Moody's operations.

By drafting the budget resolution and influencing spending ceilings, this committee directly shapes the macroeconomic environment and sovereign debt levels, which are fundamental inputs for Moody's sovereign and municipal credit ratings and economic outlooks.

Members receive classified briefings on global threats, geopolitical stability, and cybersecurity risks. This non-public information is highly material for assessing sovereign and corporate credit risk, which is a core function of Moody's.

U.S. foreign policy, sanctions, and international relations directly shape global markets, sovereign credit risk, and international banking access. These factors are central to Moody's core business of credit ratings and risk analysis for sovereign entities and multinational corporations.