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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 and Hensarling Unveil Bipartisan Capital Markets Reform Legislation July 16, 2018 Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, and Congressman Jeb Hensarling (R-TX), Chairman of the House Committee on Financial Services, announced that they have reached an agreement on a package of strong, bipartisan capital-formation legislation to help America’s small businesses and entrepreneurs and to protect investors. The package, known as the “JOBS and Investor Confidence Act of 2018,” is comprised of 32 individual pieces of le... More
Press Releases
At Hearing on International Financial System, Waters Presses Mnuchin on Trump’s Trade War July 12, 2018 Today, at a hearing with Treasury Secretary Steven Mnuchin entitled “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System,” Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, gave the following opening statement: As Prepared for Delivery Thank you, Mr. Chairman. I am looking forward to hearing Secretary Mnuchin’s testimony today on the state of the international financial system. I must admit that I... More
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Waters Statement at Bipartisan Committee Markup July 11, 2018 Today, at a House Committee on Financial Services markup of bipartisan legislation, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, gave the following statement: As Prepared for Delivery Thank you, Mr. Chairman. Mr. Chairman, I want to thank you and Members of the Committee for considering six Democratic bills today that will ensure small businesses have increased access to capital, enhance investor protections and improve investors’ ability to ma... More
Press Releases
Waters Supports Passage of Eight Bipartisan House Bills July 11, 2018 Yesterday, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, supported eight bipartisan bills that were passed by the U.S. House of Representatives. Seven out of the eight bills were passed out of the House Committee on Financial Services. Ranking Member Waters played a leading role in the consideration of each of these overwhelmingly bipartisan bills. In addition to managing the House floor debate, Ranking Member Waters collaborated with the bills’... More
Press Releases
Waters Statement on Federal Reserve’s Approval to Reward Wells Fargo Executives July 2, 2018 Today, in response to the Federal Reserve’s approval of Wells Fargo's capital plan to increase dividend payments by 10 percent and spend up to $24.5 billion on stock buybacks, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, made the following statement: “I am troubled by the Federal Reserve’s recent decision to approve Wells Fargo’s capital plan to handsomely reward its shareholders, including the megabank’s senior executives, despite engaging in ... More
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