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In an op-ed published today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, discussed the numerous ways in which the Consumer Financial Protection Bureau (Consumer Bureau) continues to fight for hardworking Americans…
Press Releases
Waters Statement at Hearing with Vice Chairman for Supervision of the Federal Reserve November 14, 2018 Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, gave the following statement at a full Committee hearing on the Federal Reserve’s supervision and regulation of the financial system with Randal Quarles, Vice Chairman for Supervision, Board of Governors of the Federal Reserve System. As Prepared for Delivery Mr. Chairman, this is the first hearing since the 2018 midterm election, in which voters gave Democrats a majority in the U.S. House of Repres... More
Press Releases
Waters Statement on the 2018 Midterm Election Results November 7, 2018 Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, issued the following statement in response to the 2018 midterm election results, which will give Democrats the majority in the U.S. House of Representatives next Congress: “With a Democratic majority in the House, and a mandate from the American public, the Financial Services Committee will get to work making sure the financial system is fair for all Americans. As the senior Democrat on the Financial... More
Press Releases
Waters, Scott, Walz and Takano Call on Education Department to Reverse Changes to College Scorecard October 29, 2018 Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services; Congressman Bobby Scott (D-VA), Ranking Member of the House Committee on Education and the Workforce; Congressman Tim Walz (D-MN), Ranking Member of the House Committee on Veterans’ Affairs; and Congressman Mark Takano (D-CA), Vice Ranking Member of the House Committee on Veterans’ Affairs, sent a letter to Secretary Betsy DeVos calling on the Department of Education to reverse its changes to ... More
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Waters Introduces Legislation to Put Consumers First October 2, 2018 Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, announced the introduction of H.R. 6972, the Consumers First Act, a bill to block the Trump Administration’s anti-consumer agenda and reverse their efforts, led by Mick Mulvaney, Director of the Office of Management and Budget, to dismantle the Consumer Financial Protection Bureau. This legislation is co-sponsored by Rep. Carolyn Maloney (D-NY), Rep. William Lacy Clay (D-MO), Rep. Al Green (D-... More
Press Releases
Waters Leads Call for Committee to Investigate Failures to Protect Student Loan Borrowers at the CFPB October 1, 2018 Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services and 12 Members of Congress, sent a letter to Congressman Jeb Hensarling (R-TX), Chairman of the House Financial Services Committee, urging him to use the full range of the Committee’s oversight authorities to conduct a formal investigation into allegations raised by Seth Frotman, former Assistant Director and Student Loan Ombudsman at the Consumer Financial Protection Bureau. In an August 2018 ... More
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