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Waters Announces November Committee Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of November: November 2 at 10:00 AM ET: The Task Force on Financial Technology will convene for a hybrid hearing entitled, “Buy Now, Pay More Later? Investigating Risks and Benefits of BNPL and Other Emerging Fintech Cash Flow…

Waters on Protecting Investors and U.S. Capital Markets: Our Markets Work Because Participants Have to Play by the Rules

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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, “Taking Stock of ‘China, Inc.’: Examining Risks to Investors and the U.S. Posed by Foreign Issuers in U.S. Markets.” Thank you, Chair Sherman. I am very pleased…

House Passes Four Bipartisan Financial Services Bills

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Today, the U.S. House of Representatives passed four bipartisan bills introduced by House Financial Services Committee Members. The Sovereign Debt Contract Capacity Act (H.R. 4111), a bill by Chairwoman Maxine Waters (D-CA). This bill requires the Secretary of the Treasury to direct the United States Executive Director at the International Monetary Fund to advocate that the Fund…

Waters on Prioritizing Robust Housing Investments in the Build Back Better Act: Housing Isn’t a “Nice-to-Have,” It Is Foundational

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hearing entitled, “A Strong Foundation: How Investing is the Key to Building Back a Better America.” Right now, choices are being made about what investments will be cut back or cut out of the Build Back Better Act. Last month, this…

Waters Fights for Inclusion of Robust Housing Investments in Build Back Better Act Alongside Affordable Housing Advocates and Groups

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Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, attended several press conferences across Capitol Hill yesterday alongside numerous housing advocacy groups to explain why America cannot build back better without investing in our crumbling housing infrastructure and to remind the White House and her fellow colleagues in Congress how foundational…

Waters Announces Updates to October Hearing Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following updates to the hearing schedule for the month of October: POSTPONED: October 20 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “The State of the International Financial System and U.S. Participation in the International…

Waters on Zoning Reform: We Must Ensure Every Family in America Has Access to the Communities of Their Choice

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on Housing, Community Development and Insurance virtual hearing entitled, “Zoned Out: Examining the Impact of Exclusionary Zoning on People, Resources, and Opportunity.”      Thank you very much, Mr. Chairman for holding this…

Waters Announces Updates to October Hearing Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following updates to the hearing schedule for the month of October: NEW DATE: October 15 at 12:00 PM ET: The Subcommittee on Housing, Community Development and Insurance will convene for a virtual hearing entitled, “Zoned Out: Examining the Impact of…

Waters and All Financial Services Committee Democrats Call on President Biden, House Speaker Pelosi, and Senate Leader Schumer to Fund Housing in Reconciliation

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter calling on President Joseph R. Biden, House Speaker Nancy Pelosi, and Senate Majority Leader Charles Schumer to include the Committee-passed housing provisions in the Build Back Better Act.  The letter was signed by every Democratic Member of the House Financial Services…

Waters to Chair Gensler at SEC Oversight Hearing: You Have Much to Restore and Rebuild

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee virtual hearing entitled, “Oversight of the Securities and Exchange Commission: Wall Street’s Cop Is Finally Back on the Beat.” Good afternoon, and welcome back to the Committee, Chair Gensler. You have a lot to restore and rebuild. During…

Waters Announces October Committee Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of October: October 5 at 12:00 PM ET: The full Committee will convene for a virtual hearing entitled, “Oversight of the U.S. Securities and Exchange Commission: Wall Street’s Cop Is Finally Back on the Beat.” October…

Waters Opening Statement at Full Committee Hearing on the Treasury Department’s and Federal Reserve’s Pandemic Response

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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, “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response.” Welcome back, Secretary Yellen and Chair Powell. As this pandemic continues, the Biden Administration and Congressional Democrats…

Waters Applauds Rohit Chopra’s Confirmation as Director of CFPB

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Tags: CFPB

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the confirmation of Rohit Chopra as Director of the Consumer Financial Protection Bureau (CFPB).  “There is no better person to lead the Consumer Financial Protection Bureau at this time than Rohit Chopra, who helped establish the foundation for…

Waters Applauds World Bank Decision to Discontinue the Doing Business Report

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released the following statement on the World Bank’s decision to discontinue the “Doing Business” report. “I am very pleased that the World Bank decided to end its annual country-ranking exercise known as the “Doing Business” report. I’ve long been critical of the “Doing Business” report’s…

Waters on Reviewing the Federal Reserve’s Emergency Lending Powers: We Must Ensure the Fed’s Actions Reach Main Street

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Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on National Security, International Development and Monetary Policy hybrid hearing, entitled, “Lending in a Crisis: Reviewing the Federal Reserve’s Emergency Lending Powers During the Pandemic and Examining Proposals to Address Future Economic…

Waters and Committee Democrats Pass Legislation to Expedite Emergency Rental Assistance to Renters and Landlords

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Tags: Markup

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a statement following the passing of her legislation, H.R. 5156, the ‘‘Expediting Assistance to Renters and Landlords Act of 2021,” by the House Committee on Financial Services, which will reform the Emergency Rental Assistance (ERA) program. The bill passed the Committee by a vote of…

Waters Endorses Nomination of Sandra L. Thompson as Director of FHFA

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Tags: FHFA

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a statement calling for Federal Housing Finance Agency (FHFA) Acting Director Sandra Thompson to be nominated to lead the agency. “Today, I call on President Biden to nominate Sandra L. Thompson as Director of the Federal Housing Finance Agency (FHFA). As an independent…

Waters Announces Updates to September Committee Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of September: September 21 at 10:00 AM ET: The Task Force on Financial Technology will convene for a hybrid hearing entitled, “Preserving the Right of Consumers to Access Personal Financial Data.” POSTPONED: The…

Committee Passes Legislation to Expedite Emergency Rental Assistance and Provide Protections for Descendants of Black Native American Freedmen

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Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed bills to expedite emergency rental assistance and reauthorize the Native American Housing Assistance and Self-Determination Act with protections for descendants of Black Native American Freedmen. The following bill passed the Committee by a vote of 35-15. H.R. 5195, the “Native…

Committee Passes Build Back Better Agenda to Provide Long-Overdue Investments in Housing Resources

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Today, the House Financial Services Committee passed the Financial Services Committee Title of the Build Back Better Act to provide long-overdue investments in housing resources, such as affordable housing, downpayment assistance, and efforts to end homelessness.  The following bill passed the Committee by a vote of 30-24. The Build Back Better Act is a bill that would provide…

Waters Opening Statement at September Full Committee Markup to Advance the Build Back Better Act and Critical Housing Legislation

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a full Committee hybrid markup. Today, this Committee will mark up a key part of the President’s Build Back Better agenda, legislation that will provide a critical investment of $322 billion toward our nation’s affordable housing infrastructure.…

Waters on Expediting Emergency Rental Assistance to Renters and Landlords: Our Work Is Not Done

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Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hearing entitled, “Protecting Renters During the Pandemic: Reviewing Reforms to Expedite Emergency Rental Assistance to Renters and Landlords.” From the very beginning of this pandemic, I have sounded the alarm about the urgent need for…

Waters Announces September Committee Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of September: September 10 at 12:00 PM ET: The full Committee will convene for a virtual hearing entitled: “Protecting Renters During the Pandemic: Reviewing Reforms to Expedite Emergency Rental Assistance.” September…

Waters Details Plans to Reform the Emergency Rental Assistance Program and Expedite Aid to Renters and Landlords

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee sent a Dear Colleague letter informing Members of Congress of her plans to move Emergency Rental Assistance Reform legislation that would allow renters and landlords to quickly receive much needed relief. “Last night the Supreme Court, along partisan lines, decided that the CDC…

Waters Statement on Supreme Court Decision to End CDC Eviction Moratorium

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, issued the following statement following a 6-3 Supreme Court decision that ended the Centers for Disease Control and Prevention (CDC) eviction moratorium. “Tonight, the Supreme Court, along partisan lines, decided that the CDC eviction moratorium in areas experiencing high rates of…

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