WASHINGTON – Congresswoman Ayanna Pressley (MA-07), a member of the House Financial Services Committee, will serve as Vice Chair for the Subcommittee on Consumer Protection and Financial Institutions for the 117^th Congress. Congresswoman Maxine Waters (CA-43), Chairwoman of the full committee, made the announcement yesterday.

“With communities in the Massachusetts 7th and across the country still reeling from the economic fallout of this pandemic, it is critical, now more than ever, that we have strong consumer protection and robust oversight of our financial institutions,” said Rep. Pressley. “I am grateful to Chairwoman Waters for naming me to this role and I look forward to continuing my work on the Consumer Protection and Financial Institutions Subcommittee to end abusive debt collection practices, hold predatory student debt and mortgage lenders accountable, reform consumer credit reporting, and more.”

Chairwoman Waters also announced Representative Sean Casten (D-IL) as the Vice Chair for the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets; Representative Cindy Axne (D-IA) as the Vice Chair for the Subcommittee on Housing, Community Development, and Insurance; Representative Josh Gottheimer (D-NJ) as the Vice Chair for the Subcommittee on National Security, International Development, and Monetary Policy; Representative Nikema Williams (D-GA) as the Vice Chair for the Subcommittee on Oversight and Investigations; Representative Sylvia Garcia (D-TX) as the Vice Chair for the Subcommittee on Diversity and Inclusion; and Representative Jake Auchincloss (D-MA) as the full Committee Vice Chair for the 117th Congress.

Congresswoman Pressley has been a tireless advocate for consumers throughout her time in Congress. As a member of the House Financial Services Committee, she has worked to end abusive debt collection practices, hold predatory student debt and mortgage lenders accountable, reform consumer credit reporting, explored solutions to close the racial wealth gap, advocated for a Federal Job Guarantee, and more.

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