Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement following reports that cryptocurrency exchange Binance suffered the largest crypto hack in history, involving approximately $6.3 billion in digital assets, reportedly attributed to North Korean state-sponsored hackers. “The reported $6.3 billion hack of Binance shou... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congressional Progressive Caucus (CPC) Chair Congressman Greg Casar (D-TX), co-led the introduction of a resolution warning of the economic risks posed by an artificial-intelligence-related asset bubble, opposing a bailout of corporations or their business executives impacted by the collapse ... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement in response to the Treasury Department's proposed rule implementing restrictions on large institutional investors purchasing single-family homes under the bipartisan 21st Century ROAD to Housing Act. “Today, the Treasury moved forward to implement one of the most im... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, along with Representatives Nydia Velázquez (D-NY), Brad Sherman (D-CA), Gregory Meeks (D-NY), Stephen Lynch (D-MA), Al Green (D-TX), Emanuel Cleaver (D-MO), Bill Foster (D-IL), Joyce Beatty (D-OH), Juan Vargas (D-CA), Ayanna Pressley (D-MA), Rashida Tlaib (D-MI), Ritchie Torres (D-NY), Sylvia Gar... Read More »

This week, Congressional Democratic leaders released the following joint statement on Federal Housing Finance Agency (FHFA) Director Bill Pulte’s move to shut down the FHFA Inspector General through severe, unnecessary budget cuts. The statement is signed by: Senate Democratic Leader Chuck Schumer (D-NY), House Democratic Leader Hakeem Jeffries (D-NY), and the following Committee Ranking Members: ... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, Congressmen Al Green (D-TX), Ranking Member of the Oversight and Investigations Subcommittee, Bill Foster (D-IL), Ranking Member of the Financial Institutions Subcommittee, and Brad Sherman (D-CA), Ranking Member of the Capital Markets Subcommittee, issued the following statement in response to ... Read More »

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 »