Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement in response to alarming new reports involving OpenAI agents targeting federal government websites, including activity involving the Securities and Exchange Commission and other Federal government agencies. “OpenAI’s recent targeting of federal government websites, ... Read More »

This week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and the full Democratic membership of the Committee, Nydia Velázquez (D-NY); Brad Sherman (D-CA); Gregory Meeks (D-NY); Stephen Lynch (D-MA); Al Green (D-TX); Emanuel Cleaver (D-MO); Jim Himes (D-CT); Bill Foster (D-IL); Joyce Beatty (D-OH); Juan Vargas (D-CA); Josh Gottheimer (D-NJ); Vicent... Read More »

Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement after the “Digital Asset Market Clarity Act”, or the CLARITY Act, failed to advance in a bipartisan procedural vote in the Senate. Ranking Member Waters said: “No one need look any further as to why the Republicans’ crypto market structure bill, the CLARITY Act, failed in... 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 with U.S. Treasury Secretary Scott Bessent entitled, “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System.” Secretary Bessent, You’ve broken many promises since you last... Read More »

Today, Congresswoman Maxine Waters (D-CA), the Ranking Member on the House Financial Services Committee, and U.S. Senator Elizabeth Warren (D-MA), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, sent a letter to Treasury Secretary Scott Bessent and Bureau of Engraving and Printing (BEP) Acting Director Michael Brown, calling for a robust and timely investigation after ... 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: “Strengthening the American Economy: Promoting Growth, Opportunity, and Prosperity.” Thank you very much, Mr. Chairman. I really should be angry about what is happening in this country and with this economy. But I’m not, ... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congressman Brad Sherman (D-CA), Ranking Member on the Capital Markets Subcommittee, sent a letter to the Federal Emergency Management Agency (FEMA) Administrator Cameron Hamilton requesting an update and urging the immediate release of hazard mitigation funds for critical recovery and resili... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement after U.S. District Judge David O. Carter temporarily blocked the Trump Administration from suspending the Los Angeles Homeless Services Authority (LAHSA) from federal homelessness grant programs, protecting approximately $241 million in dedicated federal funding as... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, along with 20 Committee Democrats sent a letter to Securities and Exchange Commission (SEC) Chairman Paul Atkins, demanding an immediate investigation of reports that Trump Media & Technology Group plans to sell Wall Street trading firms advantageously-timed, machine-readable access to President... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congressional Equality Caucus Chair Mark Takano (D-CA) sent a letter to U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner signed by over 110 House Democrats urging the immediate withdrawal of HUD’s proposed rule, “Equal Access to Housing in HUD Programs Revisions,... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following testimony before the House Rules Committee in opposition to H.R. 6955, ‘the Main Street Capital Access Act,’ a Republican Wall Street deregulation package: Thank you, Chair Fox. We all care about community banks and credit unions. For that reason, Ranking Member Waters and... Read More »

WASHINGTON, D.C. - 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 Semi-Annual Report of the Bureau of Consumer Financial Protection.” Mr. Vought, for a year and a half, Committee Democrats have demanded answers while you have refused to provide them. We s... 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 Federal Reserve’s Semi-Annual Monetary Policy Report.” Chairman Warsh, you are taking the helm of the Federal Reserve at an important moment. Congress designed the Fed to stand apart from politics so that it... Read More »

Tonight, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement after the “21st Century ROAD to Housing Act”— an overwhelmingly bipartisan landmark housing package aimed at increasing affordable housing supply, lowering housing costs, expanding homeownership opportunities, and strengthening housing programs—became the law of t... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, launched a formal Request for Information (RFI) inviting consumer advocates, industry experts, regulators, and the public to submit feedback on the use of Artificial Intelligence (AI) in the financial marketplace. The RFI is part of the Committee's ongoing work to examine how AI is changing the f... Read More »