Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement following the confirmation of Sandra Thompson to serve as Director of the Federal Housing Finance Agency (FHFA).
“I congratulate Director Sandra L. Thompson, who will be the first Black woman to serve as FHFA Director. Our nation continues to… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a Subcommittee on Diversity and Inclusion hearing entitled, “Diversity Includes Disability: Exploring Inequities in Financial Services for Persons with Disabilities, Including Those Newly Disabled Due to Long-Term COVID.”
Thank you… Read more »
This week, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee and Senator Sherrod Brown (D-OH), Chairman of the Senate Banking, Housing and Urban Affairs Committee, sent a letter to Gary Gensler, Chair of the Securities and Exchange Commission (SEC) urging him to require disclosure of standardized data to help investors and other stakeholders include… Read more »
The House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), has submitted its Budget Views and Estimates for Fiscal Year (FY) 2023 to the House Budget Committee. The purpose of this document is to advise the Budget Committee on matters within the Financial Services Committee’s jurisdiction as it formulates the budget for FY 2023.
The Views were signed by all… Read more »
Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed eight bills to keep up with an ever-changing marketplace by modernizing our regulatory framework, closing loopholes and ensuring robust oversight, along with bills to promote financial inclusion, expand access to affordable financial services, promote impactful community development and care for… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee sent a letter to President Biden urging him to cancel $50,000 in student debt for each borrower without delay, which would provide much needed relief to millions of borrowers-- especially Millennial, Gen Z, and borrowers of color-- who are unable to realize major life milestones due to the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a full Committee markup.
This Congress, I am so very proud of how Committee Democrats have consistently pushed legislation that reflects our values: bills that put consumers first despite opposition from highly paid lobbyists and big corporations;… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following update to the schedule for the month of May:
UPDATED - Tuesday, May 17 at 12:00 PM ET (and subsequent days if necessary): The full Committee will convene for a hybrid markup.
Tuesday, May 24 at 12:00 PM ET: The Subcommittee on Diversity and… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services and Conference Committee member of the America COMPETES Act of 2022, delivered the following statement at the first Conference Committee meeting on H.R. 4521, the America COMPETES Act, which includes several key provisions led by the Financial Services Committee:
Thank you very much,… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement following the confirmation of four nominees to the Federal Reserve’s Board of Governors:
“For years I have said that the leaders of the Federal Reserve must represent the diversity of the public they serve. Considerable progress toward this was made this… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hearing entitled, “The Annual Report of the Financial Stability Oversight Council.”
Good morning, and welcome Secretary Yellen. Thank you for testifying today on the annual report of the Financial Stability Oversight Council, or FSOC.
Before… Read more »
Today, Chairwoman Maxine Waters secured passage by the U.S. House of Representatives of nine bipartisan bills
The Fair Hiring in Banking Act (H.R. 5911), a bill by Representative Joyce Beatty (D-OH). This bill would expand employment opportunities at banks and credit unions by reducing barriers to employment based on past minor criminal offenses. The bill specifically provides an… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on Investor Protection, Entrepreneurship and Capital Markets hearing entitled, “A Notch Above? Examining the Bond Rating Industry.”
Thank you so very much, Chair Sherman, for holding this very timely hearing. I am so pleased with the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of May:
Wednesday, May 11 at 10:00 AM ET: The Subcommittee on Investor Protection, Entrepreneurship and Capital Markets will convene for a hybrid hearing entitled, “A Notch Above? Examining the Bond Rating Industry.”
… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hearing entitled, “Consumers First: Semi-Annual Report of the Consumer Financial Protection Bureau.”
Good morning. Today, we welcome Mr. Rohit Chopra, Director of the Consumer Financial Protection Bureau, before our… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement after receiving a positive result for COVID-19.
“Today, I have received a positive test result for COVID. I am currently isolating and have no symptoms. I am following all protocols as recommended by the Office of the Attending Physician and CDC guidance.… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement after being named a Member of the House who will go to conference with the Senate over the House’s America COMPETES Act of 2022:
“I am pleased to be appointed by Speaker Pelosi as a member of the conference committee for the America COMPETES Act of 2022.… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the nomination of Jaime Lizárraga to serve as a Commissioner at the Securities and Exchange Commission (SEC):
“I applaud and congratulate the nomination of Jaime Lizárraga to serve as an SEC commissioner. Throughout Jaime’s decades of work in Congress,… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hearing entitled, “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System.”
I would like to welcome Treasury Secretary Janet Yellen who today is presenting testimony for the first… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on Oversight and Investigations hybrid hearing entitled, “An Enduring Legacy: The Role of Financial Institutions in the Horrors of Slavery and the Need for Atonement.”
Thank you very much, Chair Green. Financial services institutions played… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on Consumer Protection and Financial Institutions hybrid hearing entitled, “The End of Overdraft Fees? Examining the Movement to Eliminate the Fees Costing Consumers Billions.”
Thank you so very much, Chair Perlmutter. For far too long,… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on Investor Protection, Entrepreneurship and Capital Markets hybrid hearing entitled, “Oversight of America’s Stock Exchanges: Examining Their Role in Our Economy.”
Thank you very much, Mr. Sherman, for holding this hearing. In the United… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of April:
Tuesday, April 5 at 2:00 PM ET: The Subcommittee on Oversight and Investigations will convene for a hybrid hearing entitled, “An Enduring Legacy: The Role of Financial Institutions in the Horrors of Slavery and the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hybrid hearing entitled, “Devalued, Denied, and Disrespected: How Home Appraisal Bias and Discrimination Are Hurting Homeowners and Communities of Color.”
Today, we will take a closer look at discrimination of homeowners and… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule updates for the month of March:
March 29 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “Devalued, Denied, and Disrespected: How Home Appraisal Bias and Discrimination Are Hurting Homeowners and… Read more »
