Landmark legislation will put an end to Trump’s crypto corruption and protect America’s investors. Bill prohibitions extend to Members of Congress. Waters introduces bill HOURS before Trump’s corrupt memecoin dinner. Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee and Committee Democrats introduced H.R. 3573, the “Stop Trading, Retention, and U... Read More »
On Wednesday, Republicans on the Rules Committee held a hearing in the middle of the night – all in the hopes that the American people would be asleep – to rush through their unpopular GOP Tax Scam bill that aims to give a massive tax break to the top 1%. Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following testimony: “Good morning... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House Floor to blast S.J. Res. 13, which is a Continuing Resolution Act that would overturn the OCC’s 2024 rule aimed at improving the bank merger application review process. “I’m so pleased that Mr. Barr from Kentucky referred to me because the big banks hate me and they love him. Th... 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. “Thank you very much, Mr. Chairman. Good morning, everyone. Since the last time this full Committee convened, economic conditions for our nation’s consumers and investors have grown even worse. And this is due entirely to t... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee and Congresswoman Ann Wagner (R-MO), announced introduction of H.R. 3422, the “Promoting Opportunities for Non-Traditional Capital Formation Act.” The bill would require the Securities and Exchange Commission’s (SEC) Office of the Advocate for Small Business Capital Formation to better serve under... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement in response to a federal court’s ruling temporarily blocking President Donald Trump’s March 4th Executive Order (EO) aimed at reducing the Minority Business Development Agency (MBDA) federal workforce and eliminating the agency altogether. The preliminary injunction... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, Congressman Sean Casten (D-IL), Vice Ranking Member of the Committee, and 39 other Members sent a letter to the Chief Executive Officers of leading U.S. financial institutions, including Morgan Stanley, JPMorgan Chase, Citigroup, Bank of America, Wells Fargo, Goldman Sachs, Northern Trust, BlackR... 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, “Enhancing Competition: Shaping the Future of Bank Mergers and De Novo Formation.” As Prepared for Delivery “Good afternoon. “Republicans want faster bank mergers, which will wipe out communit... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Housing and Insurance Subcommittee hearing entitled, “Expanding Choice and Increasing Supply: Housing Innovation in America.” “Thank you very much, Mr. Chairman. “Families across America are reeling from a growing housing and homelessness crisis.... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, House Democratic Leader Hakeem Jeffries (D-NY), Senate Democratic Leader Chuck Schumer (D-NY), and Senator Elizabeth Warren (D-MA), the top Democrat on the Senate Banking Committee, led 233 current and former Members of Congress, including the entire Senate Democratic caucus, in filing an amicus ... Read More »
This week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, led Committee Democrats including Representatives Brad Sherman (D-CA), Stephen Lynch (D-MA), Bill Foster (D-IL), Sean Casten (D-IL), and Sylvia Garcia (D-TX), in blocking a joint crypto hearing held by Republicans on the Financial Services and Agriculture Committee following a refusal by Rep... Read More »
Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congressman Emanuel Cleaver II (D-MO), Ranking Member on the Housing and Insurance Subcommittee, sent a letter to the U.S. House Appropriations Committee requesting critical funding to support Americans living in rural communities. In the letter, the lawmakers underscore the urgent need for robust i... 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, “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System.” “Thank you, Mr. Chairman. “Since the very first day of the Trump Administration, Members of Congress and ... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released a statement in response to Trump’s Fiscal Year 2026 budget proposal, which calls for shocking cuts to critical federal housing programs. The proposal would cut funding for the U.S. Department of Housing and Urban Development, by $26 billion and effectively end housing assistance for fami... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, blocked the originally scheduled Financial Services and Agriculture Committee joint committee hearing following Chairman Hill’s refusal to include provisions in legislation blocking President Donald Trump from further enriching himself with crypto. In response, Waters convened a separate Democrat... Read More »