<ul><li>The 119th Congress is poised to consider financial services legislation that may touch on credit cards, earned wage access, and digital assets.</li><li>The roles and scope of the Federal Deposit Insurance Corp. (FDIC) and the Consumer Financial Protection Bureau (CFPB) are yet undetermined.</li><li>Key legislation to be considered includes the Credit Card Competition Act, the Earned Wage Access Consumer Protection Act, and bills related to digital asset markets, crypto, and AI.</li><li>There is a growing bipartisan consensus in Congress regarding the need for crypto and AI legislation, with potential bills on stablecoins and regulation of crypto assets expected to move forward.</li></ul>

Financial Services Legislation Is in the Spotlight as the 119th Congress Settles In

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