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Sen. Laphonza Butler (D-CA), newly appointed member of the Senate Banking, Housing, and Urban Development Committee.
Sen. Laphonza Butler (D-CA), newly appointed member of the Senate Banking, Housing, and Urban Development Committee.

Senator Laphonza Butler Appointed to Senate Banking Committee

On October 3, Laphonza Butler was officially sworn into the U.S. Senate (and sworn in by Vice President Kamala Harris recently). Butler was also ceremoniously sworn in by Rep. Steven Horsford (D-NV), chair of the Congressional Black Caucus.

This week, Butler was appointed to the Senate Banking, Housing and Urban Development Committee and also appointed to the Senate Judiciary Committee. As a member of these committees, she will have oversight on key issues important to credit unions. Butler was appointed by California Gov. Gavin Newsom to the late Sen. Dianne Feinstein’s seat after her passing.

As a member of the senate banking committee, Butler will have oversight on legislation pertaining to financial institutions, economic policy, consumer protection, and housing issues. On the judiciary committee, she will have purview over bills and policies related to competition policy, consumer rights, criminal justice, intellectual property, technology, immigration and the U.S. Constitution.

Butler’s role on these committees is helpful to credit unions. For example, S. 1838 has been referred to the senate banking committee for review. As a member of the judiciary committee, Butler is well positioned to discuss issues related to artificial intelligence.

The California and Nevada Credit Union Leagues looks forward to building a strong partnership with the senator and advancing the interests of credit unions.

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