Skip to Content

Press Releases

ICYMI: Ranking Member Maxine Waters Held Part 1 of Three-Part Housing Crisis Response Initiative Briefing Series

| Posted in Press Releases

         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…

Maxine Waters, Ranking Member, Delivers Opening Statement During Hearing on Artificial Intelligence: “As Companies Forge Ahead With AI, It’s More Important Than Ever That This Committee and Congress… Prioritize Its Review of AI and Diversity, Equity, and Inclusion.”

| Posted in Press Releases

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…

Ranking Member Waters Testifies Against Proposed Capital One-Discover Merger at Regulators’ Public Meeting

| Posted in Press Releases

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…

Ranking Member Waters, Chair McHenry, Representatives Hill and Lynch Release Bipartisan AI Working Group Staff Report

| Posted in Press Releases

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…

Ranking Member Waters’ Statement Urges Passage of the “Housing Crisis Response Act” Following CBO Report on Lack of Flood Insurance Coverage in High Flood Risk Communities

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Congressional Budget Office’s recently released report examining the level of flood risk across the country and the prevalence of flood insurance policies purchased through the National Flood Insurance Program. Last month, Congresswoman Waters sent a…

Ranking Member Waters Applauds Federal Housing Finance Agency’s Historic, First-Ever Multifamily Housing Protections for Renters

| Posted in Press Releases
Tags: FHFA

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement in response to the Federal Housing Finance Agency’s (FHFA) groundbreaking announcement of the first-ever tenant protections: “I applaud the Federal Housing Finance Agency, under the leadership of Director Sandra L. Thompson, for their historic and…

ICYMI: Ranking Member Maxine Waters Highlights Democrats' Work to Strengthen Economy, and Address the Housing Crisis During Hearing with Chair Powell

| Posted in Press Releases

   This week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, spoke with Federal Reserve Chair Jerome H. Powell during a full Committee hearing. During the hearing, Congresswoman Waters highlighted the booming economy and discussed several critical economic issues with the Chairman: Strong Economy: Congresswoman Waters…

Ranking Member Waters Opposes Republican-Led Resolution to Strip Away Protections for Investors: “This Resolution Is Part of a Long List of Efforts by Industry and Its Allies to Attack the Good Work of the SEC, Which Has Made Significant Progress in Protecting Investors, Maintaining Fair, Orderly, and Efficient Markets, and Facilitating Capital Formation.”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to oppose the override of President Biden’s veto of H.J.Res.109, a harmful bill aimed at reducing the Securities and Exchange Commission’s ability to protect consumers who buy cryptocurrency. I rise today in opposition to H.J.Res.109, which if passed, would…

ICYMI: Ranking Member Maxine Waters Applauds Treasury Secretary Yellen for Working with Democrats to Support Community Financial Institutions, Small Businesses, and Close the Racial Wealth Gap

| Posted in Press Releases

      Yesterday, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, spoke with U.S. Treasury Secretary Janet Yellen during a full Committee hearing. During the hearing, Congresswoman Waters highlighted the Biden-Harris Administration’s successful economic record and also discussed the following issues with the Secretary: …

Maxine Waters, Ranking Member, Delivers Opening Statement During Hearing with Federal Reserve Chair Powell: “Unfortunately, Extreme MAGA Republicans Are Not Just Ignoring Housing Inflation, They Are Advancing Their Project 2025 Manifesto That Would Dismantle U.S. Democracy and the Economy as We Know It Today.”

| Posted in Press Releases

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.” Thank you very much, Mr. Chairman. Welcome back to the Honorable Jerome H. Powell, Chairman of the Board of Governors of the Federal Reserve…

Maxine Waters, Ranking Member, Delivers Opening Statement During Hearing with Treasury Secretary Yellen: “Project 2025 Would Gut Agencies like the Consumer Financial Protection Bureau and the Federal Reserve, and Dangerously Restructure the Treasury, the Department of Housing and Urban Development, and Other Agencies Critical to the Economy.”

| Posted in Press Releases

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.” As prepared for delivery Thank you, Mr. Chairman. Good morning. I’d like to welcome you,…

ICYMI: Ranking Member Waters Leads Committee Democrats in Meeting with World Bank President Ajay Banga

| Posted in Press Releases

           Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, led Committee Democrats on a visit to the World Bank to meet with President Ajay Banga. The group included Representatives Al Green (TX), Joyce Beatty (D-OH), Juan Vargas (D-CA), Vicente Gonzalez (D-TX), and Sean Casten (D-IL). During the…

Ranking Member Maxine Waters Appalled by Supreme Court Ruling to Curtail Federal Government Safeguards and Protections

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Supreme Court ruling in Securities and Exchange Commission (SEC) v. Jarkesy and Loper Bright Enterprises v. Raimondo. “This week the Supreme Court significantly weakened the ability of the federal government to protect our consumers and investors,…

Ranking Member Waters Outraged at Supreme Court Decision Allowing for the Jailing, Fining of People Experiencing Homelessness

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Supreme Court’s ruling in the case of Gloria Johnson v. City of Grants Pass, Oregon to determine whether local government policies that ban sleeping or “camping” in public spaces without alternative shelter violate Constitutional protections against…

Maxine Waters, Ranking Member, Delivers Opening Statement During Housing Oversight Hearing: “This Committee Needs to Get Serious and Pass My Bills, H.R. 4233 to Create Over a Million Affordable and Accessible Homes, H.R. 4232 to End Homelessness, and H.R. 4231 to Restore the American Dream of Homeownership.”

| Posted in Press Releases

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, “Housing Oversight: Testimony of the HUD and FHFA Inspectors General.” Thank you very much, Mr. Chairman. Housing is the number one domestic issue and a priority for voters…

ICYMI: Texas Man Who Threatened to Kill U.S. Ranking Member Maxine Waters Sentenced to 33 Months in Prison

| Posted in Press Releases

Read the full NBC story below. The Texas man who was indicted last year and accused of threatening to kill Rep. Maxine Waters, D-Calif., in a series of phone calls has been sentenced to 33 months in federal prison, federal officials announced Monday. Brian Michael Gaherty, 61, of Houston, was sentenced Monday and fined $10,000, according to the U.S. Attorney’s Office for the Central…

Ranking Member Waters Urges DOJ and OCC to Follow Through on Actions Against City National Bank for Redlining, Other Discriminatory Practices

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to the United States Department of Justice (DOJ), including Attorney General Merrick B. Garland, Assistant Attorney General Kristen Clarke, and Attorney for the Central District California E. Martin Estrada, as well as Acting Comptroller Michael Hsu of the Office of the…

Ranking Member Waters Applauds Nomination of Christy Goldsmith Romero as FDIC Chair

| Posted in Press Releases
Tags: CFTC, FDIC

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released a statement applauding President Biden’s nomination of Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero to serve as Chair of the Federal Deposit Insurance Corporation (FDIC). “I applaud President Biden for his decision to nominate CFTC…

Ranking Member Waters Applauds Nomination of Kristin Johnson as Assistant Secretary for Financial Institutions at Treasury Department

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released a statement applauding President Biden’s nomination of Commodity Futures Trading Commission (CFTC) Commissioner Kristin Johnson to serve as Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury. “I applaud President Biden for his decision to…

Maxine Waters, Ranking Member, Delivers Opening Statement During CFPB Hearing: “After 14 Years of Attacks from Congressional Republicans and the Industry…the Supreme Court Sided with Consumers and Affirmed What I and Committee Democrats Have Been Saying All Along: the CFPB is Constitutional and Here to Stay!”

| Posted in Press Releases

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.” Thank you very much, Mr. Chairman. And first, let me say to Director Rohit Chopra, thank you for your patience this morning. I…

Ranking Member Waters Leads Committee Democrats on Silicon Valley Trip to Meet with OpenAI, Apple, Entrepreneurs and Investors of Color, Regulators, and Berkeley AI Research Lab

| Posted in Press Releases

   Last week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee led Committee Democrats, including Representatives Joyce Beatty (D-OH), Juan Vargas (D-CA), and Steven Horsford (D-NV) on a trip to Silicon Valley, California to explore the intersection of Artificial Intelligence (AI), tech, and financial services, and to better…

Maxine Waters, Ranking Member, Delivers Opening Statement During Hearing on Oversight of the FDIC: “… Republicans Are Attacking the Democratic Chair… But Will [They] Call for Anyone Who Has Been Found Liable for Sexual Abuse to Stand Down from Holding Other Positions of Power in Government, Like, for Example, the Former President…”

| Posted in Press Releases

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, “Oversight of the FDIC’s Failed Leadership and Toxic Workplace Culture.” Good morning. Thank you to our witnesses for being here today, including Acting Comptroller Hsu who testified just a few weeks…

Ranking Member Waters, Senator Warren, and 36 Lawmakers Urge SEC to Remain Focused on Climate Risk

| Posted in Press Releases
Tags: SEC

Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee and Senator Elizabeth Warren (D-MA), Chair of the Senate Banking Subcommittee on Economic Policy, led 36 lawmakers in a letter to the Securities and Exchange Commission (SEC) urging the SEC to remain focused on the risk that climate change poses to investors. Among other calls to action, the…

Ranking Members Waters, Takano, Levin Introduce Key Legislation to Reduce Veteran Homelessness

| Posted in Press Releases

House Financial Services Committee Ranking Member Maxine Waters (D-CA), House Veterans’ Affairs Committee (HVAC) Ranking Member Mark Takano (D-CA), and HVAC Economic Opportunity Subcommittee Ranking Member Mike Levin (D-CA) have introduced the End Veteran Homelessness Act of 2024. This legislation will help reduce casework bottlenecks and expand eligibility for the HUD-VA Supportive…

Ranking Member Waters, Representatives Hill and Meeks Press Secretaries Yellen and Blinken to Swiftly Implement The REPO Act to Support Ukraine

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, alongside Congressman French Hill (R-AR), and House Foreign Affairs Committee Ranking Member Congressman Gregory Meeks (D-NY), sent a letter to Treasury Secretary Janet Yellen and Secretary of State Antony Blinken urging for the swift and full implementation of the Rebuilding Prosperity and…

Back to top