The Committee on Armed Services exercises legislative oversight for the nation's military, including the Department of Defense, military research and development, nuclear energy activities, and benefits for members of the armed forces. It also handles the confirmation of presidential nominees for senior defense and military positions.

The Committee on Commerce, Science, and Transportation addresses a wide range of issues including interstate commerce, transportation systems, science and technology policy, space exploration, and consumer protection. It oversees agencies like the Department of Transportation, NASA, the FCC, and the FTC.

The Committee on the Judiciary conducts oversight of the Department of Justice and considers nominations for federal judgeships, including the Supreme Court. Its legislative jurisdiction covers constitutional amendments, federal criminal law, immigration, antitrust, patents, and civil liberties.

This joint committee conducts studies and provides recommendations to Congress on the U.S. economy, reviewing economic conditions and advising on policy matters. It holds hearings, issues reports like the annual Joint Economic Report, and analyzes fiscal and monetary policy impacts.