; vacancies (A) In general A member of the Committee shall be appointed for a term of 4 years. (B) Vacancies A vacancy in the Committee— (i) shall not affect the powers of the Committee; and (ii) shall be filled in the same manner as the original appointment. (5) Meetings (A) Initial meeting Not later than 60 days after the date on which all members of the Committee have been appointed, the Committee shall hold its first meeting. (B) Frequency The Committee shall meet at the call of the Chair. (C) Quorum A majority of the members of the Committee shall constitute a quorum, but a lesser number of members may hold hearings. (6) Chairperson The members described in subparagraphs (C) and (D) of paragraph (1) shall alternate, on a yearly basis, as Chairperson of the Committee, with the member described in such subparagraph (D) serving as the Chair for the 1-year period following establishment of the Committee. (c) Duties (1) Matters studied The matters studied by the Committee shall include— (A) crypto assets; (B) consumer education and financial literacy; (C) innovations in the securities and commodities markets; (D) innovations banking, payments, and settlement; (E) consumer credit; (F) financial inclusion, including reducing the cost of financial services for all people of the United States and promoting access to those services; (G) efficiency in the financial system; (H) reduction of systemic risk; (I) competition in financial services