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...
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...
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...
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...
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 […]
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...
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 […]
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...