trending Market Intelligence /marketintelligence/en/news-insights/trending/0qtwwQWc7N-MiE0T2MzKHQ2 content esgSubNav
In This List

Ocasio-Cortez nominated to join House Financial Services Committee

Video

S&P Capital IQ Pro | Powering Your Edge

Podcast

Street Talk Episode 81: Amid strong recovery, Banc of California hearing more M&A chatter

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Case Study

A Prestigious Global Business School Gains a Competitive Edge


Ocasio-Cortez nominated to join House Financial Services Committee

Rep. Alexandria Ocasio-Cortez, D-N.Y., is one of those nominated by the House Democratic Steering and Policy Committee to join the House Financial Services Committee.

Ocasio-Cortez has voiced support for more stringent regulations in the banking industry, such as the restoration of the Glass-Steagall Act that prohibited commercial banks to engage in investment banking. She is also in favor of breaking up large banks.

Other Democrats nominated to join the committee include Rep. Tulsi Gabbard, D-Hawaii; Rep. Ayanna Pressley, D-Mass.; Rep. Rashida Tlaib, D-Mich.; and Rep. Jennifer Wexton, D-Va.

The Republican Steering Committee nominated Rep. Anthony Gonzalez, R-Ohio; Rep. John Rose, R-Tenn.; Rep. Bryan Steil, R-Wis., Rep. Lance Gooden, R-Texas; and Rep. Denver Riggleman, R-Va., to join the committee.

The full House Democratic and Republican caucuses will need to approve the nominations of those who will join the House Financial Services Committee.