Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement in response to a federal court’s ruling temporarily blocking President Donald Trump’s March 4th Executive Order (EO) aimed at reducing the Minority Business Development Agency (MBDA) federal workforce and eliminating the agency altogether.
The… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, Congressman Sean Casten (D-IL), Vice Ranking Member of the Committee, and 39 other Members sent a letter to the Chief Executive Officers of leading U.S. financial institutions, including Morgan Stanley, JPMorgan Chase, Citigroup, Bank of America, Wells Fargo, Goldman Sachs, Northern… 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 Subcommittee hearing entitled, “Enhancing Competition: Shaping the Future of Bank Mergers and De Novo Formation.”
As Prepared for Delivery
“Good afternoon.
“Republicans want faster bank mergers, which will… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Housing and Insurance Subcommittee hearing entitled, “Expanding Choice and Increasing Supply: Housing Innovation in America.”
“Thank you very much, Mr. Chairman.
“Families across America are reeling from a growing housing and… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, House Democratic Leader Hakeem Jeffries (D-NY), Senate Democratic Leader Chuck Schumer (D-NY), and Senator Elizabeth Warren (D-MA), the top Democrat on the Senate Banking Committee, led 233 current and former Members of Congress, including the entire Senate Democratic caucus, in filing… Read more »
This week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, led Committee Democrats including Representatives Brad Sherman (D-CA), Stephen Lynch (D-MA), Bill Foster (D-IL), Sean Casten (D-IL), and Sylvia Garcia (D-TX), in blocking a joint crypto hearing held by Republicans on the Financial Services and Agriculture Committee… Read more »
Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congressman Emanuel Cleaver II (D-MO), Ranking Member on the Housing and Insurance Subcommittee, sent a letter to the U.S. House Appropriations Committee requesting critical funding to support Americans living in rural communities. In the letter, the lawmakers underscore the urgent need for… 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 Annual Testimony of the Secretary of the Treasury on the State of the International Financial System.”
“Thank you, Mr. Chairman.
“Since the very first day of the Trump Administration,… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released a statement in response to Trump’s Fiscal Year 2026 budget proposal, which calls for shocking cuts to critical federal housing programs. The proposal would cut funding for the U.S. Department of Housing and Urban Development, by $26 billion and effectively end housing assistance… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, blocked the originally scheduled Financial Services and Agriculture Committee joint committee hearing following Chairman Hill’s refusal to include provisions in legislation blocking President Donald Trump from further enriching himself with crypto. In response, Waters convened a separate… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement in advance of her planned objection to the upcoming joint Financial Services and Agriculture Digital Assets Subcommittee hearing on cryptocurrency. Because this is a joint hearing, the unanimous consent of all Subcommittee Members is required for the… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued this statement in response to the decision by the Government Accountability Office (GAO) and the Inspector General for the Federal Reserve, which also serves as the Inspector General for the Consumer Financial Protection Bureau (CFPB), to investigate the unlawful shutdown of the… Read more »
Read letter here
Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, and U.S. Senator Elizabeth Warren (D-MA), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, wrote to the Federal Reserve Board of Governors (Fed) calling for a reconsideration of the anti-competitive Capital One-Discover merger that the Fed recently… Read more »
After a catastrophic first 100 days in office, during which President Trump has wrecked the economy and put the United States on track toward a recession, on Wednesday, Committee Republicans doubled down on this dangerous agenda by voting to advance the Billionaire Tax Cut bill out of Committee. This bill is riddled with harmful, deregulatory, and flat-out dangerous… 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 Markup.
“Good morning. This week marks 100 days under the Trump regime, and it is impossible to ignore how badly Trump has tanked the economy. It was just reported that the American economy shrank 0.3% last quarter,… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Committee on Financial Services, and Senator Elizabeth Warren (D-MA), the top Democrat on the Senate Committee on Banking, Housing, and Urban Affairs, introduced the “Restoring Fair Housing Protections Eliminated by Trump Act of 2025,” which would restore the Affirmatively Furthering Fair Housing (AFFH) Rule that was… Read more »
Today Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Capital Markets Subcommittee hearing entitled, “Exposing the Proxy Advisory Cartel: How ISS & Glass Lewis Influence Markets.”
“Thank you. This hearing is titled ‘Exposing the Proxy Advisory Cartel.’ But there is a very real cartel… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement after President Trump capitulated and said he currently has “no intention” to fire the Chair of the Board of Governors of the Federal Reserve System (Fed), Jerome Powell.
“I commend Chair Powell for standing strong in defense of the Federal Reserve’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 Financial Institutions Subcommittee hearing entitled, “Regulatory Overreach: The Price Tag on American Prosperity.”
Good morning. Republicans are once again using community banks to advance an agenda for megabanks. Instead, we should… 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 lawsuit filed by Todd Harper and Tanya Otsuka – two former Democratic members of the National Credit Union Administration Board – against the Trump Administration for unlawfully firing them without cause. The Congresswoman put out a… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Office of the Comptroller of Currency (OCC) and the Board of Governors of the Federal Reserve System’s (Fed) decision to approve the Capital One’s acquisition of Discover.
“The Trump Administration’s approval of the Capital One-Discover merger… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee and Congressman Bill Foster (D-IL), the Ranking Member of the Financial Institutions Subcommittee, led 88 House Democrats in a letter to U.S. Department of the Treasury Secretary, Scott Bessent, following an Executive Order issued by President Donald Trump last month, aimed at slashing… 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 blocking the Trump Administration’s plan to illegally fire approximately 1,500 staff at the Consumer Financial Protection Bureau (CFPB). The CFPB was created in the wake of the 2008 financial crisis and is the only federal agency… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following President Trump's illegal firing of the two Democrats on the board of the National Credit Union Administration (NCUA) without cause.
“Trump’s firing of the two Democrats on the board of the National Credit Union Administration is a… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Chairman French Hill (R-AR) urging him to join her in requesting that the House Appropriations Committee renew funding for existing Emergency Housing Vouchers (EHVs) in the Fiscal Year 2026 appropriations bill. The letter was prompted by a recent notice to Public Housing… Read more »
