Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to President Biden urging him to nominate current Commissioner of the U.S. Commodity Futures Trading Commission (CFTC), Kristin Johnson, to serve as the Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury. In the letter, Waters highlights Commission... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement after a meeting with Los Angeles Mayor Karen Bass and delegation of California mayors from the U.S. Conference of Mayors’ Task Force on Homelessness to discuss solutions to addressing the growing affordable housing and homelessness crisis in California and across t... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Financial Institutions and Monetary Policy Subcommittee hearing entitled, “Merger Policies of the Federal Banking Agencies.” Thank you so much, I appreciate that Mr. Chairman. As bank mergers continue to be rubber-stamped by regulators, people ac... Read More »
As Fair Housing Month draws to a close, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, published an opinion piece for The Grio reflecting on the ongoing legacy of housing discrimination and inequality 56 years after the Fair Housing Act was signed into law. In the op-ed, Waters calls for long-overdue investments in fair and affordable housing and eq... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to President Biden urging the immediate release and implementation of the Department of Housing Urban Development’s (HUD) final Affirmatively Furthering Fair Housing (AFFH) rule to fulfill the Democratic commitment to fair housing for all and prevent exacerbating our nation’s worse... Read More »
Yesterday, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee and Senators Sheldon Whitehouse (D-RI), Ron Wyden (D-OR), Elizabeth Warren (D-MA), and Jack Reed (D-RI), filed an amicus curiae —or “friend of the court”—brief in National Small Business United v. Yellen, a case at the U.S. Court of Appeals for the 11th Circuit. The brief urges the court to up... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement in response to the U.S. Department of Labor’s release of the final Retirement Security rule. “I welcome the Department of Labor’s final Retirement Security rule and congratulate the Biden-Harris Administration for a job well done on behalf of our nation’s workers,... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement ahead of Supreme Court oral arguments in the case of City of Grants Pass, Oregon v. Gloria Johnson to determine whether local government policies that ban sleeping or “camping” in public spaces without alternative shelter violate Constitutional protections against... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced the following Democratic-led, bipartisan bills that passed during yesterday’s full Committee markup aimed at safeguarding consumers and taking steps to prevent additional bank failures following the collapse of Silicon Valley Bank, First Republic, and Signature Bank last year. H.R. 4206... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a full Committee markup. Thank you, Chairman McHenry. Good morning, everyone. Today, this Committee is marking up several bills. Unfortunately, most of the bills we are considering are not bipartisan, and would pose significant harm to our nation’s con... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Financial Institutions and Monetary Policy Subcommittee hearing entitled, “Agency Audit: Reviewing CFPB Financial Reporting & Transparency.” Thank you. Today, this Subcommittee could have been examining ways to strengthen consumer protections wit... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Government Accountability Office’s (GAO) recently released report on the Federal Home Loan Banks’ (FHLBs) role in the lead up to the failures of Silicon Valley Bank, Signature Bank, and First Republic. After the bank failures last year, Waters and Chair McHen... Read More »
WASHINGTON, D.C. - Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, led 55 House Democrats in sending a letter to the U.S. Department of Labor, the Office of Management and Budget (OMB), and the Administrator of the Office Information and Regulatory Affairs (OIRA) urging them to expedite the review process of the Department of Labor's (DOL) Ret... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a full Committee hearing entitled, “Beyond Scope: How the SEC’s Climate Rule Threatens American Markets.” Good morning. According to the National Oceanic and Atmospheric Administration, last year was the hottest year on record. Mr. Chairman, climat... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement in response to the disbandment of the U.S. House Office of Diversity and Inclusion (ODI) as a result of the recently passed 2024 spending bill. “I am deeply disappointed and disheartened by the latest decision to disband the House Office of Diversity and Inclusion... Read More »
