Subcommittee chairs announced by new House Financial Services Committee Chair

Ballard Spahr LLP

Congresswoman Maxine Waters, the new Democratic Chairwoman of the House Financial Services Committee, announced that the Democratic Committee members indicated below will serve as Subcommittee Chairs.  In addition to creating a new Subcommittee on Diversity and Inclusion, Politico has reported that Ms. Waters is expected to create a new fintech task force.

The new Subcommittee Chairs are:

  • Carolyn Maloney (NY-12), Chair of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets
  • Gregory Meeks (NY-5), Chair of the Subcommittee on Consumer Protection and Financial Institutions
  • William Lacy Clay (MO-1), Chair of the Subcommittee on Housing, Community Development and Insurance
  • Emanuel Cleaver (MO-5), Chair of the Subcommittee on National Security, International Development and Monetary Policy  (The issues covered by this Subcommittee were previously split between two subcommittees.)
  • Joyce Beatty (OH-3), Chair of the Subcommittee on Diversity and Inclusion
  • Al Green (TX-09), Chair of the Subcommittee on Oversight and Investigations

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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