There was speculation the North Carolina congressman wanted a higher Republican leadership role, but on Thursday he expressed interest in the ranking member position.
The presumptive chair of the Financial Services Committee resumed her tough criticism of the administration, but also committed to "hearing a range of views" if handed the gavel.
The presumptive chair of the House Financial Services Committee will likely take the panel in a sharply new direction and have a new bully pulpit to criticize the Trump administration.
Authorities intercepted the package sent to the office of Rep. Maxine Waters, D-Calif., on the same that pipe bombs were reportedly sent to former President Barack Obama and former Secretary of State Hillary Clinton.
The legislative highlights of his career as House Financial Services Committee chairman were bills too extreme to become law. But the retiring lawmaker says they were still worth pursuing.
Shannon McGahn will depart the House committee next week and will join the National Association of Realtors as senior vice president of government affairs.
The senior Democratic lawmaker said the CFPB chief and the Trump administration "are doing everything in their power to roll back consumer protections."
The agency’s director will appear with Fannie Mae CEO Timothy Mayopoulos at a hearing on FHFA's role as conservator, despite earlier rumors suggesting Watt might be a no-show.
The agency’s director has been under pressure to quit as he is investigated for sexual harassment allegations, but an agency spokesperson says he still plans to testify at a housing finance hearing slated for later this month.
