Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a full Committee hearing entitled, “Updating America’s Financial Privacy Framework for the 21st Century.” “Thank you Mr. Chairman, In today’s digital world, every click, search, and purchase leaves a trail, yet Americans remain powerless when it comes to h... Read More »
On the three-year anniversary of the failure of Silicon Valley Bank (SVB), Congresswoman Maxine Waters (D-CA), the top Democrat of the House Financial Services Committee, today announced the reintroduction of several bills aimed at strengthening accountability for bank executives, closing regulatory loopholes, and improving the safety and soundness of the nation’s banking system. The legislation b... Read More »
Today, Congresswoman Maxine Waters (DCA), the top Democrat on the House Financial Services Committee, and Representatives Nydia M. Velázquez (D-NY), Juan Vargas (D-CA), and Sylvia Garcia (D-TX) submitted a comment letter to U.S. Department of Housing and Urban Development (HUD) Secretary Turner calling for the immediate withdraw of HUD’s proposed rule, “Housing and Community Development Act of 198... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a full committee markup. “Thank you very much, Chairman Hill. Americans are fed up with rising grocery, utility, and housing costs caused by the Trump Administration’s reckless policies. But instead of changing course, Trump is doubling down. After the Sup... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congressman Al Green (D-TX), Ranking Member on the Oversight and Investigations Subcommittee, sent a letter to Chair French Hill (R-AR) urging him to open a Committee investigation into potential insider trading and market manipulation violations following President Trump’s tariff announcemen... Read More »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, and Congresswoman Joyce Beatty (D-OH), Ranking Member on the National Security, Illicit Finance, and International Financial Institutions Subcommittee, sent a letter to the International Monetary Fund (IMF) Managing Director Kristalina Georgieva, applauding the IMF’s recent efforts to strengthen go... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement after the Supreme Court, in a decisive 6–3 ruling, struck down the sweeping tariffs imposed by President Donald Trump at the start of his presidency. Writing for the majority, Chief Justice John Roberts stated, “the President must ‘point to clear congressional autho... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a Housing and Insurance Subcommittee hearing entitled, “Homeownership and the Role of the Secondary Mortgage Market.” “Mr. Chairman, this hearing will discuss our mortgage market, but it has been more than one year into Trump’s disastrous Administration, a... Read More »
This week, the House passed the “Housing for the 21st Century Act,” a landmark bipartisan legislation aimed at addressing the housing crisis impacting communities across the country. Led by Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, alongside Chairman French Hill (R-AR), Housing and Insurance Subcommittee Ranking Member Emanuel Cleaver, II (D-MO... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a full Committee hearing entitled, “Oversight of the Securities and Exchange Commission.” “Thank you very much, Mr. Chairman. You and I have a very different understanding about what is happening at the SEC. Chairman Atkins said it is ‘a new day for the SE... Read More »
This week, Congresswoman Maxine Waters (D-CA), the Ranking Member on the House Financial Services Committee, and U.S. Senator Elizabeth Warren (D-MA), the Ranking Member on the Senate Banking Committee, led 184 current and former Members of Congress in filing their fifth amicus brief in support of the Consumer Financial Protection Bureau, as the full U.S. Court of Appeals for the District of Colum... Read More »
Read the Full Report This week, the Government Accountability Office (GAO) released its initial report on the Consumer Financial Protection Bureau’s (CFPB) “Status of Reorganization Efforts” in response to a request from Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, Congressman Bill Foster (D-IL), Ranking Member of the Subcommittee on Financial Insti... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a full Committee hearing entitled, “Priced Out of the American Dream: Understanding the Policies Behind Rising Costs of Housing and Borrowing.” “$1.4 BILLION DOLLARS. That’s how much the Trump family has pocketed since Trump returned to the White House. Wh... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement after the U.S. House of Representatives passed H.R. 6644, the “Housing for the 21st Century Act.” This bipartisan bill represents a critical first step toward solving the affordable housing crisis by expanding local development opportunities and modernizing existi... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House Floor in support of H.R. 6664, the “Housing for the 21st Century Act.” This landmark bipartisan legislation represents a critical first step toward solving the affordable housing crisis by expanding local development opportunities and modernizing existing housing programs. The b... Read More »
