Congressman Sherman currently serves on three major House Committees. He is a senior member of the House Foreign Affairs Committee and a senior member of the House Financial Services Committee. From 2019-2023, Sherman served as Chairman of the House Financial Services Subcommittee on Investor Protection, Entrepreneurship and Capital Markets. Prior to Chairing the Subcommittee on Investor Protection and Capital Markets, Sherman served as Chairman of the House Foreign Affairs Subcommittee on Asia and the Pacific.

During his tenure in Congress, Sherman has developed a reputation as a strong advocate for the interests of working families. He has worked to craft and advance priorities such as robust environmental standards, federal aid to education, real healthcare reform, and the protection of Social Security and Medicare. The Congressman has also supported policies to expand U.S. exports, prevent the proliferation of nuclear weapons, and promote a just and effective U.S. foreign policy. A consumer rights advocate, Sherman was among the leaders behind the formation of the Consumer Financial Protection Agency, which protects consumers from financial institutions issuing credit cards and offering costly overdraft protection. Sherman also protected families' retirement funds and college savings and put controls on companies which reward corporate CEOs multi-million dollar bonuses for bad performance. Early in his congressional career, while serving on the House Budget Committee in 1997, Congressman Sherman authored an amendment to the annual Budget Resolution providing an additional $700 million for the acquisition of environmentally important lands in FY '98. The Sherman Amendment was included in the Joint Budget Resolution and effectuated by a $699 million appropriation. Sherman also secured $20 million to acquire land and to complete the Backbone Trail through the Santa Monica Mountains National Recreation Area.

Congressman Sherman's public service career includes serving on the California State Board of Equalization from 1991 to 1996. He was Chairman of the Board from 1991 to 1995. As a board member, Sherman led the successful fight to repeal the snack tax, which previously required grocers to differentiate between a cupcake and a muffin, imposing an inconsistent tax burden on Californians for food.

Sherman received a BA from UCLA, where he graduated Summa Cum Laude. Later he received his law degree from Harvard, where he graduated Magna Cum Laude. Sherman then worked as a CPA [inactive], attorney and Certified Tax Law Specialist. Congressman Sherman is married to Lisa Kaplan Sherman and they have 3 daughters, Molly, Naomi, and Lucy.