The Most Powerful Women in Banking

Rep. Maxine Waters, D-Calif., will take the gavel on the Financial Services Committee next term.

Former McKinsey & Company associate partner Liz Oakes has been named Mastercard's executive vice president of market development for the New Payments Platforms division.

Maria Vullo is stepping down as head of New York's banking and insurance regulator after three years in which she created a national model for cybersecurity regulations at banks and fought back against federal attempts to chip away at payday-lending rules.

The current deputy secretary of the Department of Housing and Urban Development, Pam Patenaude, will step down in January.

Sen.-elect Kyrsten Sinema, D-Ariz., and Sen. Tina Smith, D-Minn., will join the panel as their caucus loses two other committee members who suffered election defeats.