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