WASHINGTON — Republicans have expanded the new Financial Services Committee into the second-largest panel in the House, but they failed in an attempt to broaden their majority.

A more powerful offspring of the 60-member House Banking Committee, Financial Services will have 37 Republicans, 32 Democrats, and one independent and will exercise jurisdiction over banking, securities, and insurance activities. The new lineup gives Republicans a four-seat majority, the same as in the last Congress.

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