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ICYMI: Ranking Member Maxine Waters Held Final Session of Housing Crisis Response Initiative Briefing Series

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Recently, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, hosted the final session in a three-part series as a part of her Housing Crisis Response Initiative. The final briefing, entitled “America’s Diverse Housing Needs: A Primer on Regional Differences,” was intended to help House Democratic Members understand regional differences in the national ...

ICYMI: Ranking Member Maxine Waters Held Part 2 of Housing Crisis Response Initiative Briefing Series

| Posted in Press Releases

Recently, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, hosted the second session of a three-part briefing series as part of her Housing Crisis Response Initiative. The session, entitled “Ending the Housing and Homelessness Crisis: A Deep Dive into A Democratic Legislative Response,” was aimed at helping Democratic House Members better understand w...

ICYMI: Ranking Member Maxine Waters Held Part 1 of Three-Part Housing Crisis Response Initiative Briefing Series

| Posted in Press Releases

Recently, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, hosted the first session in a three-part briefing series as part of her Housing Crisis Response Initiative. Launched at this year’s Democratic Issues Conference, the Housing Crisis Response Initiative aims to improve coordination between Democratic Members in the House, housing stakeholders, ...

Maxine Waters, Ranking Member, Delivers Opening Statement During Hearing on Artificial Intelligence: “As Companies Forge Ahead With AI, It’s More Important Than Ever That This Committee and Congress… Prioritize Its Review of AI and Diversity, Equity, and Inclusion.”

| Posted in Press Releases

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, “AI Innovation Explored: Insights into AI Applications in Financial Services and Housing.” Thank you, Mr. Chairman. Good morning. I’d like to start by applauding and thanking Chair McHenry for working with me to e...

Ranking Member Waters Testifies Against Proposed Capital One-Discover Merger at Regulators’ Public Meeting

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following remarks at an all-day virtual meeting convened by the Federal Reserve and the Office of the Comptroller of the Currency (OCC). This meeting allowed members of the public to share their views on the proposed merger of Capital One and Discover. Thank you very much. Good morn...

Ranking Member Waters, Chair McHenry, Representatives Hill and Lynch Release Bipartisan AI Working Group Staff Report

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congressman Patrick McHenry (R-NC) the Chairman of the Committee, released a staff report from the Committee’s bipartisan Working Group on Artificial Intelligence (AI), led by Digital Assets, Financial Technology and Inclusion Subcommittee Chairman Congressman French Hill (R-AR) and Subcommit...

Ranking Member Waters’ Statement Urges Passage of the “Housing Crisis Response Act” Following CBO Report on Lack of Flood Insurance Coverage in High Flood Risk Communities

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Congressional Budget Office’s recently released report examining the level of flood risk across the country and the prevalence of flood insurance policies purchased through the National Flood Insurance Program. Last month, Congresswoman Waters sent a letter t...

Ranking Member Waters Applauds Federal Housing Finance Agency’s Historic, First-Ever Multifamily Housing Protections for Renters

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Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement in response to the Federal Housing Finance Agency’s (FHFA) groundbreaking announcement of the first-ever tenant protections: “I applaud the Federal Housing Finance Agency, under the leadership of Director Sandra L. Thompson, for their historic and forward-thinking...

ICYMI: Ranking Member Maxine Waters Highlights Democrats' Work to Strengthen Economy, and Address the Housing Crisis During Hearing with Chair Powell

| Posted in Press Releases

This week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, spoke with Federal Reserve Chair Jerome H. Powell during a full Committee hearing. During the hearing, Congresswoman Waters highlighted the booming economy and discussed several critical economic issues with the Chairman: Strong Economy: Congresswoman Waters emphasized the creation of 15.7 m...

Ranking Member Waters Opposes Republican-Led Resolution to Strip Away Protections for Investors: “This Resolution Is Part of a Long List of Efforts by Industry and Its Allies to Attack the Good Work of the SEC, Which Has Made Significant Progress in Protecting Investors, Maintaining Fair, Orderly, and Efficient Markets, and Facilitating Capital Formation.”

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Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to oppose the override of President Biden’s veto of H.J.Res.109, a harmful bill aimed at reducing the Securities and Exchange Commission’s ability to protect consumers who buy cryptocurrency. I rise today in opposition to H.J.Res.109, which if passed, would undermine the S...

ICYMI: Ranking Member Maxine Waters Applauds Treasury Secretary Yellen for Working with Democrats to Support Community Financial Institutions, Small Businesses, and Close the Racial Wealth Gap

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Yesterday, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, spoke with U.S. Treasury Secretary Janet Yellen during a full Committee hearing. During the hearing, Congresswoman Waters highlighted the Biden-Harris Administration’s successful economic record and also discussed the following issues with the Secretary: Supporting Low-Income Communities of ...

Maxine Waters, Ranking Member, Delivers Opening Statement During Hearing with Federal Reserve Chair Powell: “Unfortunately, Extreme MAGA Republicans Are Not Just Ignoring Housing Inflation, They Are Advancing Their Project 2025 Manifesto That Would Dismantle U.S. Democracy and the Economy as We Know It Today.”

| Posted in Press Releases

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.” Thank you very much, Mr. Chairman. Welcome back to the Honorable Jerome H. Powell, Chairman of the Board of Governors of the Federal Reserve System. Chai...

Maxine Waters, Ranking Member, Delivers Opening Statement During Hearing with Treasury Secretary Yellen: “Project 2025 Would Gut Agencies like the Consumer Financial Protection Bureau and the Federal Reserve, and Dangerously Restructure the Treasury, the Department of Housing and Urban Development, and Other Agencies Critical to the Economy.”

| Posted in Press Releases

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.” As prepared for delivery Thank you, Mr. Chairman. Good morning. I’d like to welcome you, Madame Secretary...

ICYMI: Ranking Member Waters Leads Committee Democrats in Meeting with World Bank President Ajay Banga

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, led Committee Democrats on a visit to the World Bank to meet with President Ajay Banga. The group included Representatives Al Green (TX), Joyce Beatty (D-OH), Juan Vargas (D-CA), Vicente Gonzalez (D-TX), and Sean Casten (D-IL). During the meeting, Committee Democrats and President Banga discussed the f...

Ranking Member Maxine Waters Appalled by Supreme Court Ruling to Curtail Federal Government Safeguards and Protections

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Supreme Court ruling in Securities and Exchange Commission (SEC) v. Jarkesy and Loper Bright Enterprises v. Raimondo. “This week the Supreme Court significantly weakened the ability of the federal government to protect our consumers and investors, our housing...

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