Skip to Content

Latest News

Ranking Member Waters Announces Passage of Bipartisan Legislation During Full Committee Markup

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced the following Democratic-led and bipartisan bills that passed during this week’s full Committee markup. H.R. 5523, the “Financial Access Improvements Act” led by Ranking Member Maxine Waters (D-CA). This bill would add optional components to the State Department’s International Narcotic...

Ranking Member Waters Delivers Opening Statement at Full Committee Markup: “…I Have a Question for the Speaker and MAGA Republicans: ‘When Are You Going to Stop Turning Your Back on Democracy, Both at Home And abroad?’”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a full Committee markup. When I was Chairwoman of this Committee last Congress, this Committee came together after Russia’s unprovoked invasion of Ukraine, to craft bipartisan legislation aimed at protecting Ukraine and holding Russia accountable. This...

Ranking Member Waters Delivers Opening Statement at Subcommittee Hearing: “…Republicans Are Focusing Exclusively On How Proposed Changes From Regulators Will Impact Wall Street, NOT Consumers…”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a Subcommittee on Financial Institutions and Monetary Policy hearing entitled, “A Holistic Review of Regulators: Regulatory Overreach and Economic Consequences.” Here we go again. Instead of marking up sensible bills that have bipartisan support to str...

ICYMI – Ranking Member Waters’ Op-ed on the 15th Anniversary of the Financial Crisis and the Importance of the CFPB

| Posted in Press Releases

In a new opinion piece published today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, reflects on the 15th anniversary of the 2008 financial crisis and the lasting impact it had on families everywhere. Specifically, Congresswoman Waters emphasizes the particular importance of the anniversary of this crisis as the Supreme Court gears up to hear oral...

Ranking Member Waters Delivers Opening Statement at Subcommittee Hearing on Increased Capital Requirements

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a Subcommittee hearing on Financial Institutions entitled, “Implementing Basel III: What’s the Fed’s Endgame?" We certainly did receive a wake-up call this Spring with the failures of Silicon Valley Bank, Signature Bank, and First Republic. It became c...

Ranking Member Waters Delivers Opening Statement at Full Committee CFIUS Hearing: “…[We Are] Weeks Away From An Extreme MAGA Republican Shutdown That Will Pose Grave Harm To Our Nation’s Security…”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a full Committee hearing entitled, “Oversight of the Committee on Foreign Investment in the United States (CFIUS) and Other Efforts to Strengthen National Security in the United States.” Good morning. My Democratic colleagues and I have long worked in ...

Ranking Member Waters Applauds Senate Confirmation of Federal Reserve Board Nominees

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Senate’s confirmation of Federal Reserve Governor Lisa Cook to continue serving on the Board of Governors of the Federal Reserve System (Fed) for a full term, Dr. Adriana Kugler to serve on the Fed’s Board of Governors, and Governor Phillip Jefferson to serve...

Ranking Member Waters Asks U.S. Financial Agencies to Examine Customer Identification Program to Modernize Rules, Ensure Consumer Protection and Combat Bad Actors

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to the Financial Crimes Enforcement Network, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the United States Department of the Treasury, as...

Ranking Member Waters, Committee Democrats Urge FHFA to Provide Robust Protections for Renters Living in Enterprise-Backed Multifamily Homes

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Representatives Al Green (D-TX), Juan Vargas (D-CA), Ayanna Pressley (D-MA), Rashida Tlaib (D-MI), Nikema Williams (D-GA), Ritchie Torres (D-NY), and Steven Horsford (D-NV) sent a letter to the Director of the Federal Housing Finance Agency (FHFA), urging the agency to use its full authority ...

Ranking Member Waters Sends Letter to FTC Raising Continued Concerns About ICE Acquisition of Black Knight, Outlines Recommendations to Protect Consumers and Housing System

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to the Federal Trade Commission (FTC) as it continues its review of the proposed acquisition of Black Knight by Intercontinental Exchange, and negotiates a settlement agreement. In the letter, Ranking Member Waters reiterates the concerns she shared as then-Chair in her initial lett...

Ranking Member Waters Requests GAO Study on the Impact of AI and Other Technologies on Access to Fair and Affordable Housing

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to the Government Accountability Office (GAO) expressing concerns about instances in which the use of Artificial Intelligence (AI) and other housing and property technology (PropTech), such as automated valuation models (AVMs), online housing platforms, tenant screening companies, a...

Ranking Member Waters’ Statement on One-Year Anniversary of Inflation Reduction Act and the Need to Combat Housing Inflation

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement on the week of the one-year anniversary of the Inflation Reduction Act. “A year ago this week, Democrats successfully passed the Inflation Reduction Act (IRA) into law. After just one year, we’ve seen the tremendous impact this landmark legislation has had on communities a...

Ranking Member Waters’ Statement Following the Biden Administration’s Executive Order on Outbound Investments

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the release of the Biden Administration’s Executive Order and Advanced Notice for Proposed Rulemaking regarding Outbound Investments. “I welcome the Biden Administration’s latest actions to restrict outbound investments to China, but more needs to be done. For se...

Ranking Member Waters’ Statement on PayPal’s Launch of U.S. Dollar Stablecoin

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following PayPal’s launch of its U.S. dollar-denominated stablecoin. “I am deeply concerned that PayPal has chosen to launch its own stablecoin while there is still no Federal framework for regulation, oversight, and enforcement of these assets. PayPal, with 435 million cu...

Ranking Member Waters Urges Fortune 100 Financial Services CEOs to Remain Committed to Diversity and Inclusion Efforts Despite Republican Threats

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to the CEOs of the nation’s Fortune 100 financial services companies urging them to continue their diversity and inclusion practices, particularly following threats from Republican Attorneys General pressuring them to divest from these practices, which Congresswoman Waters slammed them for...

Back to top