Financial Services Committee news and trends

Rep Waters Looks To Undo Mulvaney’s CFPB
Regulation // January 17, 2019

The relationship between the House Financial Services Committee and the Consumer Financial Protection Bureau (CFPB) is about to change. Yesterday, we got a peek at some of those changes, architected by Maxine Waters, the new chairwoman of the Committee, at an event for the Center...

US Rep Ocasio-Cortez Likely To Win Financial Services Committee Seat
Regulation // January 11, 2019

In a move that could put a lawmaker against Wall Street and even some members of her own party, U.S. Rep. Alexandria Ocasio-Cortez (D-NY) is expected to gain a House Financial Services Committee seat. The move could be seen as a victory for progressives, but...

Lawmakers Say FinTech, Not Dodd-Frank, Should Be GOP Focus
Regulation // July 13, 2018

U.S. Representative Patrick McHenry thinks it’s time for the GOP to move on from its mission to kill the Dodd-Frank Act. McHenry, a front-runner to become the next chairman of the Financial Services Committee, believes Republicans should instead focus on legislation that will help prevent...

CLEARR And CHOICE On The Hill, But Not On Payments Regs
Regulation // August 22, 2017

Capitol Hill offers the ultimate horse race. Following who’s up, down, in the running, out of the race and which bills might pass … Why should it be any different when it comes to payments and financial services? PYMNTS’ Karen Webster sat down with Bill...

Interviews & Exclusives
As Rep. McHenry Retires, Payments Regulation and Innovation May See Turbulence

December 06, 2023
The question must be asked as Rep. Patrick McHenry, R-N.C., takes his leave of Congress: What happens to financial services regulation, and by extension, payments innovation? As had been widely reported Tuesday (Dec. 6), McHenry said that he won’t seek re-election when his current term is up. McHenry, who briefly served as interim speaker of […]

CLEARR And CHOICE On The Hill, But Not On Payments Regs

August 22, 2017
Capitol Hill offers the ultimate horse race. Following who’s up, down, in the running, out of the race and which bills might pass … Why should it be any different...

Quick Reads
US Rep Ocasio-Cortez Likely To Win Financial Services Committee Seat

January 11, 2019
In a move that could put a lawmaker against Wall Street and even some members of her own party, U.S. Rep. Alexandria Ocasio-Cortez (D-NY) is expected to gain a House Financial Services Committee seat. The move could be seen as a victory for progressives, but some Democrats are viewing the move cautiously, Politico reported. Some […]

Lawmakers Say FinTech, Not Dodd-Frank, Should Be GOP Focus

July 13, 2018
U.S. Representative Patrick McHenry thinks it’s time for the GOP to move on from its mission to kill the Dodd-Frank Act. McHenry, a front-runner to become the next chairman of...