Read letter here Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, and U.S. Senator Elizabeth Warren (D-MA), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, wrote to the Federal Reserve Board of Governors (Fed) calling for a reconsideration of the anti-competitive Capital One-Discover merger that the Fed recently approved. The... Read More »
After a catastrophic first 100 days in office, during which President Trump has wrecked the economy and put the United States on track toward a recession, on Wednesday, Committee Republicans doubled down on this dangerous agenda by voting to advance the Billionaire Tax Cut bill out of Committee. This bill is riddled with harmful, deregulatory, and flat-out dangerous provisions. Not only will this... 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 Markup. “Good morning. This week marks 100 days under the Trump regime, and it is impossible to ignore how badly Trump has tanked the economy. It was just reported that the American economy shrank 0.3% last quarter, while Canada, E... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Committee on Financial Services, and Senator Elizabeth Warren (D-MA), the top Democrat on the Senate Committee on Banking, Housing, and Urban Affairs, introduced the “Restoring Fair Housing Protections Eliminated by Trump Act of 2025,” which would restore the Affirmatively Furthering Fair Housing (AFFH) Rule that was eliminat... Read More »
Read letter here Today, Congresswoman Maxine Waters (D-CA), Ranking Member on the House Financial Services Committee and U.S. Senator Elizabeth Warren (D-MA), Ranking Member on the Senate Banking, Housing and Urban Affairs Committee, wrote to the National Credit Union Administration (NCUA) Inspector General calling for an investigation into the Board’s operation after President Trump illegally fir... Read More »
Today Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Capital Markets Subcommittee hearing entitled, “Exposing the Proxy Advisory Cartel: How ISS & Glass Lewis Influence Markets.” “Thank you. This hearing is titled ‘Exposing the Proxy Advisory Cartel.’ But there is a very real cartel happening right ... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement after President Trump capitulated and said he currently has “no intention” to fire the Chair of the Board of Governors of the Federal Reserve System (Fed), Jerome Powell. “I commend Chair Powell for standing strong in defense of the Federal Reserve’s independence.... 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 Subcommittee hearing entitled, “Regulatory Overreach: The Price Tag on American Prosperity.” Good morning. Republicans are once again using community banks to advance an agenda for megabanks. Instead, we should hold a heari... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement in response to the lawsuit filed by Todd Harper and Tanya Otsuka – two former Democratic members of the National Credit Union Administration Board – against the Trump Administration for unlawfully firing them without cause. The Congresswoman put out a statement blas... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Office of the Comptroller of Currency (OCC) and the Board of Governors of the Federal Reserve System’s (Fed) decision to approve the Capital One’s acquisition of Discover. “The Trump Administration’s approval of the Capital One-Discover merger will create yet... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee and Congressman Bill Foster (D-IL), the Ranking Member of the Financial Institutions Subcommittee, led 88 House Democrats in a letter to U.S. Department of the Treasury Secretary, Scott Bessent, following an Executive Order issued by President Donald Trump last month, aimed at slashing key federal... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following a federal judge’s ruling blocking the Trump Administration’s plan to illegally fire approximately 1,500 staff at the Consumer Financial Protection Bureau (CFPB). The CFPB was created in the wake of the 2008 financial crisis and is the only federal agency solely f... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following President Trump's illegal firing of the two Democrats on the board of the National Credit Union Administration (NCUA) without cause. “Trump’s firing of the two Democrats on the board of the National Credit Union Administration is a clear and brazen violation of t... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Chairman French Hill (R-AR) urging him to join her in requesting that the House Appropriations Committee renew funding for existing Emergency Housing Vouchers (EHVs) in the Fiscal Year 2026 appropriations bill. The letter was prompted by a recent notice to Public Housing Authorit... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement in response to recent actions by President Trump to reduce the workforce at the Minority Business Development Agency (MBDA). This action follows an Executive Order last month to gut the MBDA completely. “Donald Trump is taking his war on small businesses and vulne... Read More »
