[5] Pelosi stated in her announcement that the committee would be chaired by House Majority Whip Jim Clyburn, aided by a staff of experts, and it would have subpoena power[4] and a $2,000,000 budget.

[6] Pelosi charged the committee with preventing waste, profiteering,[7] and price gouging, and seeking to ensure that responses to the pandemic are based on science.

The purpose of the committee was changed to investigate the origins of COVID-19, gain-of-function research, coronavirus-related government spending, and mask and vaccine mandates.

[11][non-primary source needed] The subcommittee was dissolved by Chairman of the House Oversight Committee James Comer at the end of the 118th Congress.

[12] The report also concludes that social distancing and mask mandates were not based on hard science and “prolonged lockdowns caused immeasurable harm to not only the American economy, but also to the mental and physical health of Americans, with a particularly negative effect on younger citizens.” (Source: https://edition.cnn.com/2024/12/02/health/house-covid-subcommittee-report/index.html).