Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following testimony before the House Rules Committee in opposition to H.R. 6955, ‘the Main Street Capital Access Act,’ a Republican Wall Street deregulation package: Thank you, Chair Fox. We all care about community banks and credit unions. For that reason, Ranking Member Waters and... Read More »

WASHINGTON, D.C. - 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 Semi-Annual Report of the Bureau of Consumer Financial Protection.” Mr. Vought, for a year and a half, Committee Democrats have demanded answers while you have refused to provide them. We s... 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 entitled, “The Federal Reserve’s Semi-Annual Monetary Policy Report.” Chairman Warsh, you are taking the helm of the Federal Reserve at an important moment. Congress designed the Fed to stand apart from politics so that it... Read More »

Tonight, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement after the “21st Century ROAD to Housing Act”— an overwhelmingly bipartisan landmark housing package aimed at increasing affordable housing supply, lowering housing costs, expanding homeownership opportunities, and strengthening housing programs—became the law of t... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, launched a formal Request for Information (RFI) inviting consumer advocates, industry experts, regulators, and the public to submit feedback on the use of Artificial Intelligence (AI) in the financial marketplace. The RFI is part of the Committee's ongoing work to examine how AI is changing the f... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Securities and Exchange Commission (SEC) Chairman Paul Atkins seeking information about the agency’s efforts to prevent foreign stock manipulation schemes that have cost American investors billions of dollars. In the letter, Ranking Member Waters raises concerns about so-called “... 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 markup. “Thank you, Chairman Hill. Last week, Donald Trump had a chance to do something that would have made a real difference in the lives of millions of Americans. He could have signed the most significant bipartisan housing bill in more... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement after the U.S. Supreme Court blocked President Donald Trump's attempt to remove Federal Reserve Governor Lisa Cook while her case plays out, while separately overturning a 91-year old precedent that was a cornerstone of the independence of many Federal regulators,... Read More »

This week, Congresswoman Maxine Waters (D-CA), the Ranking Member on the House Financial Services Committee, sent a letter to Department of Labor Acting Secretary Keith Sonderling, urging him to withdraw its proposed rule, Fiduciary Duties in Selecting Designated Investment Alternatives, warning that it would expose the retirement savings of millions of American workers to risky investments while ... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, House Democratic Leader Hakeem Jeffries (D-NY), House Democratic Whip Katherine Clark (D-MA), House Democratic Caucus Chair Pete Aguilar (D-CA), and Congressman Emanuel Cleaver, II (D-MO) Ranking Member on the Housing and Insurance Subcommittee, released the following statement on President Trump... Read More »

This week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, joined Senator Elizabeth Warren (D-MA), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, Democratic Whip Katherine Clark (D-MA), Senate Democratic Leader Chuck Schumer (D-NY), and House and Senate Democrats at a press conference condemning President Trump's abrupt,... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to speak in support of H.R. 6644, the “21st Century ROAD to Housing Act,” a landmark bipartisan legislative package aimed at addressing the nationwide housing supply shortage and affordability crisis. “I rise in support of H.R. 6644, the ‘21st Century ROAD to Housing Act,’... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congressman French Hill (R-AR), Chairman of the Committee, issued the following statement after the House passed the ‘21st Century ROAD to Housing Act,’ a sweeping bipartisan, bicameral housing package designed to increase housing supply, expand homeownership opportunities, strengthen housing... Read More »

This week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congressman French Hill (R-AR), Chairman of the Committee issued the following statements after the Senate passed the ‘21st Century ROAD to Housing Act. The legislation represents one of the most significant bipartisan housing packages advanced by Congress in recent years and includes doz... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement on the Senate's passage of a bicameral, bipartisan compromise on H.R. 6644, the “21st Century ROAD to Housing Act”: “For years, I have fought to address our nation's worsening affordable housing crisis and to expand access to safe and secure housing for families a... Read More »