Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, Sen. Sherrod Brown, Chair of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, and Rep. Carolyn B. Maloney, Chairwoman of the House Committee on Oversight and Reform, wrote to Treasury Secretary Janet Yellen and Financial Crimes Enforcement Network (FinCEN) Acting Director… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released the following statement after the Federal Deposit Insurance Corporation (FDIC) announced that FDIC board member, Martin Gruenberg, has become Acting Chair pursuant to the succession plan provided in the agency’s bylaws.
“I want to congratulate Marty Gruenberg for being elevated to… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the passage of the America Creating Opportunities for Manufacturing Pre-Eminence in Technology and Economic Strength (COMPETES) Act of 2022 in the House, which includes key provisions that Chairwoman Waters worked closely with members on the Financial Services Committee and with… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement today at a Subcommittee on Diversity and Inclusion hearing entitled, “Building Opportunity: Addressing the Financial Barriers to Minority and Women-Owned Businesses’ Involvement in Infrastructure Projects.”
Thank you so very much, Ms. Beatty. I am so pleased that… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement today at a Subcommittee on Housing, Community Development and Insurance virtual hearing entitled, “Housing America: Addressing Challenges in Serving People Experiencing Homelessness.”
Thank you so very much for this subcommittee hearing that you’re doing. And I’m… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, issued the following statement after the U.S. Housing and Urban Development (HUD) Office of Inspector General (OIG) released a report that found that the Los Angeles Homeless Services Authority (LAHSA) failed to utilize $3.5 million in federal homeless assistance funds that later expired… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced nine provisions included in the America Creating Opportunities for Manufacturing Pre-Eminence in Technology and Economic Strength (COMPETES) Act of 2022. The America COMPETES Act of 2022, which was introduced in the House of Representatives today, strengthens the competitiveness… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of February:
February 2 at 10:00 AM ET: The Subcommittee on Housing, Community Development and Insurance will convene for a virtual hearing entitled, “Housing America: Addressing Challenges in Serving People Experiencing Homelessness.”… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee released a statement on the Board of Governors of the Federal Reserve System’s (Federal Reserve) discussion paper regarding a potential U.S. central bank digital currency (CBDC).
“As a growing number of Americans and businesses engage with or invest in digital assets such as… 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 January:
POSTPONED - January 20 at 10:00 AM ET: The Subcommittee on Housing, Community Development and Insurance will convene for a virtual hearing entitled, “Housing America: Addressing Challenges in Serving People… Read more »
This week, the U.S. House of Representatives passed two bipartisan House Financial Services Committee bills.
The Ghost Army Congressional Gold Medal Act (S. 1404), a bill by Senator Edward Markey (D-MA). This bill provides for the award of a Congressional Gold Medal to the 23rd Headquarters Special Troops and the 3133rd Signal Services Company, known collectively as the Ghost… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Senator Mark Warner (D-VA) sent a letter to Federal Reserve Chair Jerome Powell to urge the Federal Reserve to provide guidance as soon as possible to Subchapter S and Mutual bank Emergency Capital Investment Program (ECIP) recipients on concerns they raised. Chairwoman Waters led… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement in response to the multistate settlement reached with Navient, one of the largest student loan servicers in the country, related to allegations of predatory lending and unfair student loan servicing practices that harmed borrowers nationwide:
“Last week,… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a statement regarding the launch of the largest mortgage relief program in the country, the California Mortgage Relief Program, which will help tens of thousands of California homeowners avoid foreclosure. Chairwoman Waters and the Committee on Financial Services worked tirelessly to secure… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a statement applauding President Biden’s nomination of Sarah Bloom Raskin, Lisa Cook, and Philip Jefferson to key leadership roles within the Federal Reserve.
“I am pleased that President Biden has decided to nominate Sarah Bloom Raskin to be Vice Chair for Supervision of the Board… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and several Democratic Members of the Committee, including Congressman Emanuel Cleaver (D-MO), Congressman Ritchie Torres (D-NY), Congresswoman Alexandria Ocasio-Cortez (D-NY) and Congresswoman Madeleine Dean (D-PA), sent letters to Marcia Fudge, Secretary of the United States Department of… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the victories that the Committee successfully secured in the Fiscal Year 2022 National Defense Authorization Act (NDAA) — legislation that authorizes the federal government to spend money on the nation’s defense. The law includes several priorities of Democratic Members of the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement in response to the distribution of the new U.S. quarter featuring award-winning author, poet and activist, Maya Angelou:
“For so long, Black women who have shaped American history and forced this country to live up to the values enshrined in the… 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 January:
RESCHEDULED - January 19 at 10:00 AM ET: The Subcommittee on Oversight and Investigations will convene for a virtual hearing entitled, “Ensuring Equitable Delivery of Disaster Benefits to Vulnerable… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Jelena McWilliams, Chairman of the FDIC, urging the FDIC Chairman to cite the legal authority she’s relying on in her attempt to block the FDIC Board Majority from seeking the public’s input on strengthening the bank merger review process. The letter also urges the FDIC… Read more »
day, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement in response to Securities and Exchange Commission’s (SEC) December 15, 2021 rule proposals.
“I am pleased that the SEC has proposed rules that incorporate recommendations from my bill, the “Promoting Transparent Standards for Corporate Insiders Act,”… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement in response to the Office of the Comptroller of the Currency’s (OCC) releasing principles on climate-related financial risk, and the Financial Stability Oversight Council (FSOC) establishing a Climate-related Financial Risk Committee within… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the Federal Deposit Insurance Corporation (FDIC) Chairman’s efforts to block a majority of the FDIC Board from updating bank merger review processes that would protect working families across this country from being denied access to capital and banking… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a statement congratulating Alanna McCargo on her confirmation as President of the Government National Mortgage Association (Ginnie Mae) this week.
“I would like to congratulate Alanna McCargo and the Biden Administration on this week’s Senate confirmation of… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a statement applauding President Biden’s announcement to nominate Acting Director Sandra L. Thompson to continue her leadership of the Federal Housing Finance Agency (FHFA).
“I am pleased that President Biden has nominated Ms. Sandra L. Thompson as Director of the Federal Housing Finance… Read more »
