Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued this statement in commemoration of the 57th anniversary of the signing of the Fair Housing Act into law. “Fifty-seven years ago today, the Fair Housing Act of 1968 was signed into law just seven days following the assassination of Dr. Martin Luther King Jr. After generations of redlining a... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, led 18 Committee Democrats in sending a letter to both the Chair and the Inspector General of the U.S. Securities and Exchange Commission (SEC) along with the Comptroller General of the U.S. Government Accountability Office (GAO) demanding an immediate investigation into whether President Trump, ... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following testimony before the House Appropriations Subcommittee on Transportation, Housing and Urban Development. Good morning, Chair Womack, Ranking Member Clyburn, and Members of the Subcommittee. Thank you for the opportunity to testify today on one of the most important issues ... 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.18, the “Higher Bank Fees Act” — a bill that would raise fees charged to consumers by the nation’s biggest banks. Mr. Speaker, I rise in complete opposition to yet another harmful bill put forth by Republicans, S.J. Res 18—a resolution to allow the biggest... 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. 28, the “Big Tech Payment Scams Act” — a bill that would revoke the Consumer Financial Protection Bureau’s authority to supervise payment apps operated by big tech companies for compliance with consumer financial protection laws. Mr. Chair, I rise today ... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement during a Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee hearing entitled, “American Innovation and the Future of Digital Assets: Aligning the U.S. Securities Laws for the Digital Age.” I must highlight over two days, Americans lost $6... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a hearing with the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity, entitled, “U.S. Treasury Debt in the Monetary System.” While we examine ways to strengthen the resilience of the Treasury market, it is impossibl... Read More »
Today, Committee on Financial Services Ranking Member Maxine Waters (D-CA), Committee on Homeland Security Ranking Member Bennie G. Thompson (D-MS), Committee on Transportation and Infrastructure Ranking Member Rick Larsen (D-WA), Committee on Appropriations Ranking Member Rosa DeLauro (D-CT), and Committee on Science, Space and Technology Ranking Member Zoe Lofgren (D-CA) announced they sent a le... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during an Oversight and Investigations Subcommittee hearing entitled, “Decades of Dysfunction: Restoring Accountability at HUD.” Thank you very much, Mr. Chairman. Trump and Musk are dismantling the nation’s housing agencies and raising housing costs with... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Federal Housing Finance Agency (FHFA) Director William Pulte, demanding answers regarding numerous alarming actions he has taken since his confirmation, which raise serious concerns about conflicts of interest, legal violations, and harmful housing policy decisions. In the letter... Read More »
On Wednesday, Committee Republicans passed a dangerous bill that would empower President Trump, his family, and his insiders – including billionaires like Elon Musk – to continue exploiting the power of the Presidency to establish multiple crypto schemes, including a stablecoin, to enrich himself and his family. This Republican bill, misleadingly titled the “STABLE Act,” fails to provide needed p... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Government Accountability Office (GAO) Comptroller General Eugene Dodaro and U.S. Department of Housing and Urban Development (HUD) Acting Inspector General Stephen M. Begg calling for an investigation into whether HUD is violating statutory requirements to maintain at least one ... Read More »
“The federal government should work for the American public—not for President Trump’s bottom line.” Full letter here Representative Maxine Waters (D-CA), Ranking Member of the House Financial Services Committees, Senator Elizabeth Warren (D-MA), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, sent a letter to the U.S. Securities and Exchange Commission (SEC) Acting Chai... 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. When I was Chair of this Committee, I launched the Congressional effort to create a federal framework around stablecoins. I wanted robust protections, especially in the wake of major crypt... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, Representative Stephen F. Lynch (D-MA), the Ranking Member on the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence and Representative Emanuel Cleaver, II (D-MO), the Ranking Member on the Subcommittee on Housing and Insurance, sent a letter to the U.S. Department ... Read More »
