House Speaker Nancy Pelosi announced Thursday the creation of a House Select Committee on the coronavirus crisis, during a conference call with reporters Thursday.

“The greatness of our nation is in its ability to rise to extraordinary challenges, no matter how big.” she said.

“Now, at this time, we face this deadly virus and a battered economy with millions of American suddenly out of work. Congress has taken an important step in leading this crisis by passing three bills with over $2 trillion in emergency relief. We need to ensure those dollars are spent carefully and effectively.”

Led by @WhipClyburn, the Select Committee will root out waste, fraud, and abuse, and ensure money makes it to those who need it most – the working families struggling to pay rent and put food on the table. #FamiliesFirst https://t.co/mlqwIZdA9O

— Nancy Pelosi (@SpeakerPelosi) April 2, 2020

House Majority Whip Jim Clyburn has been picked to head the committee. Further, lawmakers on the committee will have subpoena powers.

SaraACarter.com will update this story as it develops.