Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Governor of California Galvin Newsom and Mayor of Los Angeles Eric Garcetti urging them to reduce barriers to assistance to ensure that critical COVID-19 relief reaches Californians who continue to struggle during the pandemic.
“As you know, even before the pandemic,… 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, “America on “FIRE”: Will the Crypto Frenzy Lead to Financial Independence and Early Retirement or Financial Ruin?”
Thank you very much, Chair Green. Congress and regulators face many… 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, “A Biased, Broken System: Examining Proposals to Overhaul Credit Reporting to Achieve Equity.”
As the title of this hearing indicates, our current credit reporting system is broken.
Good credit is a… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of July:
July 14 at 12:00 PM ET: The full Committee will convene for a virtual hearing entitled, “Monetary Policy and the State of the Economy.”
July 15 at 12:00 PM ET: The Subcommittee on Oversight and Investigations… Read more »
This week, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement on the House floor urging the passage of Senate Joint Resolution 15, a resolution that invalidates the Trump Administration’s “True Lender” rule. The rule passed the House by a bipartisan vote of 218-208.
Madam Speaker, I rise today in support… Read more »
This week, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement on the House floor urging the passage of H.R. 1443 the LGBTQ Business Equal Credit Enforcement and Investment Act. This bill provides key protections to investors by requiring that financial institutions report on the sexual orientation and gender identity… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the Biden Administration’s decision to extend the eviction and foreclosure moratoria until July 31, 2021 bringing much needed relief to renters and homeowners during a time of recovery.
“Today, the Biden Administration announced an extension to July… Read more »
This week, the House Financial Services Committee passed four bills focused on establishing protections across the financial system, including codifying the Minority Development Agency to ensure minority-owned companies have the necessary resources, requiring reporting from U.S. Global Systemically Important Banks (G-SIBs) to the Federal Reserve, extending enhancements to the National… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the U.S. Supreme Court’s decision on Presidential authority to remove Federal Housing Finance Agency Director, Mark Calabria.
“Today, the United States Supreme Court ruled that President Biden has the authority to fire Mark Calabria, Director of 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 hybrid markup.
Today, this Committee will mark up four bills. As Chairwoman of this Committee, I am very pleased to advance several strong legislative solutions that have been introduced by Committee Democrats. These bills… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced that all remaining hearings for the month of June will convene in hybrid format with an in-person and virtual option.
June 23 at 10:00 AM ET: The full Committee will convene for a hybrid markup.
June 29 at 10:00 AM ET: The full Committee will convene… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee sent a letter to Marcia Fudge, Secretary of the U.S. Department of Housing and Urban Development (HUD); Thomas Vilsack, Secretary of the U.S. Department of Agriculture (USDA); Denis McDonough, Secretary of the U.S. Department of Veterans Affairs (VA); Dave Uejio, Acting Director of the Consumer… Read more »
This week, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement on the House floor urging the passage of H.R. 1187 the Corporate Governance Improvement and Investor Protection Act. This bill provides key protections to investors by requiring that companies provide environmental, social, and governance information that… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement on the Republican efforts that prevented the passage of the LGBTQ Business Equal Credit Enforcement and Investment Act (H.R. 1443), a bill by Financial Services Committee Member Representative Ritchie Torres (D-NY) that would provide transparency and promote… Read more »
This week, the U.S. House of Representatives passed three bipartisan bills introduced by House Financial Services Committee Members.
The House passed the following bill by a vote of 406-21.
To award four congressional gold medals to the United States Capitol Police and those who protected the U.S. Capitol on January 6, 2021 (H.R. 3325), a bill by House Speaker Nancy Pelosi… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at the Subcommittee on Housing, Community Development and Insurance virtual hearing entitled, “Flexible Federal Funding: Examining the Community Development Block Grant Program and Its Impact on Addressing Local Challenges.”
Thank you very much,… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced at the first hearing held by the Task Force on Financial Technology that she has organized a Digital Assets Working Group of Democratic Members.
“As cryptocurrencies, central bank digital currencies and other digital assets enter the mainstream, the Committee will look at how… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at the White House, where she was joined by Vice President Kamala Harris, Treasury Secretary Janet Yellen, Senator Mark Warner (D-VA), and Opportunity Finance Network President and CEO Lisa Mensah, on the initial release of funds secured by Congresswoman Waters… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at the Task Force for Financial Technology virtual hearing entitled, “Digitizing the Dollar: Investigating the Technological Infrastructure, Privacy, and Financial Inclusion Implications of Central Bank Digital Currencies.”
Thank you very much, Chair… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the U.S. Department of Housing and Urban Development’s (HUD) efforts to restore the Affirmatively Furthering Fair Housing Rule.
“I am pleased that Secretary Fudge has begun to reverse the previous administration’s actions that gutted the Affirmatively… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following closing statement at a full Committee virtual hearing entitled, “Universal Vouchers: Ending Homelessness and Expanding Economic Opportunity in America.”
Today’s hearing has highlighted the need to move forward urgently on legislation to make Housing Choice Vouchers… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of June:
June 9 at 12:00 PM ET: The full Committee will convene for a virtual hearing entitled, “Universal Vouchers: Ending Homelessness and Expanding Economic Opportunity in America.”
June 15 at 10:00 AM ET: The Task… Read more »
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, “Holding Megabanks Accountable: An Update on Banking Practices, Programs and Policies.”
Good Afternoon. Today, this Committee convenes for a hearing entitled, “Holding Megabanks Accountable: An Update on Banking… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at the Subcommittee on Oversight and Investigations virtual hearing entitled, “Consumer Credit Reporting: Assessing Accuracy and Compliance.”
Thank you very much, Mr. Green for holding this important hearing on credit reporting.
In February 2019, one… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement a Subcommittee on Investor Protection, Entrepreneurship and Capital Markets virtual hearing entitled, “Going Public: SPACs, Direct Listings, Public Offerings, and the Need for Investor Protections.”
Thank you, Chair Sherman. Special purpose acquisition… Read more »
