Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to oppose H.R. 9456, the “Protecting American Agriculture from Foreign Adversaries Act of 2024,” which is a bill that makes harmful and substantive changes to existing law in a way that will increase risks to our national security and concerns about racial profiling. Speci... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Financial Institutions and Monetary Policy Subcommittee hearing entitled, “Transparency in Global Governance.” Good morning, everyone we are exploring the topic of “transparency,” but not transparency as to whether small business borrowers are tr... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during an Oversight and Investigations Subcommittee hearing entitled, “The Fall of ESG: Scrutinizing the Failed Use of Environmental, Social, & Governance Standards and the Influence of Proxy Advisors.” Thank you very much. Environmental, Social, and Gove... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Digital Assets, Financial Technology, and Inclusion Subcommittee hearing entitled, “Decoding DeFi: Breaking Down the Future for Decentralized Finance.” While decentralized finance, or DeFi aims to create greater efficiencies and transparency, it ... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following a federal judge’s ruling to reject a number of industry claims challenging the Consumer Financial Protection Bureau’s (CFPB) rule to collect and publish small business lending data. The ruling reinforces the CFPB’s clear authority, provided pursuant to Section 10... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, Congressman Sean Casten (D-IL), and Senator Sheldon Whitehouse (D-RI), Chairman of the Senate Committee on the Budget, sent a letter to Andrew M. Mais, President of the National Association of Insurance Commissioners (NAIC). In the letter, the lawmakers urge NAIC to provide an update on the imple... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Department of Housing and Urban Development’s latest set of policy changes to help veterans receive assistance under the HUD-Department of Veteran Affairs (VA) Supportive Housing (HUD-VASH) program, and improve their access to supportive housing developments.... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, Senator Richard Blumenthal (D-CT), Chairman of the Senate Permanent Subcommittee on Investigations, and Senator Elizabeth Warren (D-MA), Chair, Senate Banking, Housing, & Urban Affairs Subcommittee on Economic Policy, announced the introduction of their bill, the “Protecting Consumers from Paymen... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to financial regulators, including the U.S. Treasury Department, National Credit Union Association, Federal Deposit Insurance Corporation, Financial Crimes Enforcement Network (FinCEN), the Office of the Comptroller of the Currency, and the Federal Reserve. In the letter, Congresswo... Read More »
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 ... Read More »
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... Read More »
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, ... 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, “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... Read More »
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... Read More »
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... Read More »
