Topics and Issues

Buy Now Pay Later (BNPL) (14)

In November 2021, the U.S. House Financial Services Committee held a hearing, Buy Now, Pay More Later? Investigating Risks and Benefits of BNPL and Other Emerging Fintech Cash Flow Products (Nov. 2021).

The committee heard from the following witnesses:

• Dr. Kristen Broady, Fellow in the Brookings Metropolitan Policy Program, Brookings Institution
• Penny Lee, CEO, Financial Technology Association
• Lauren Saunders, Associate Director, National Consumer Law Center
• Marisabel Torres, Director of California Policy, Center for Responsible Lending
• Brian Tate, CEO and President, Innovative Payments Association