Today, in light of the ongoing Trump–Republican government shutdown—which Trump and Republicans initiated because of their refusal to cancel cuts to health care—Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to the leaders of a number of financial industry trade organizations, including the American Bankers Association,… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this factsheet outlining the harmful impacts of the government shutdown—which Trump and Republicans initiated because of their refusal to negotiate with Democrats to protect health care for millions of Americans. This fact sheet highlights how the Trump-Republican shutdown has… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this fact sheet outlining the harmful impacts of the government shutdown—which Trump and Republicans initiated because of their refusal to negotiate with Democrats to protect healthcare for millions of Americans. This fact sheet highlights the negative impact the… Read more »

Today, in light of the ongoing Trump-Republican government shutdown — which Trump and Republicans initiated because of their refusal to cancel cuts to health care — Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Federal Reserve Chair Jerome H. Powell, Office of the Comptroller of the Currency (OCC) Comptroller Jonathan V.… Read more »

Text of Amicus Brief (PDF) Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, U.S. Senate Democratic Leader Chuck Schumer (D-NY), and Senator Elizabeth Warren (D-MA), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, led their House and Senate colleagues in filing an amicus brief calling for the full U.S. Court… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this fact sheet on the harm that the Trump-Republican shutdown – which Republicans initiated because of their refusal to cancel cuts to healthcare – would pose to small businesses. These healthcare cuts not only endanger the wellbeing of millions of Americans but also increase… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this fact sheet on the impact the Trump-Republican shutdown will have on the housing and homelessness crisis. The Trump-Republican shutdown will harm millions of hard-working American families in the United States who are simply trying to make ends meet, including renters and… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this fact sheet on the impact the Trump-Republican shutdown will have on fair housing. Fair housing is a cornerstone of economic opportunity and civil rights in the United States, ensuring that every person regardless of race, religion, sex, or other protected characteristics,… Read more »

The National Flood Insurance Program (NFIP) is a critical lifeline for millions of American homeowners, renters, and businesses in flood-prone areas. As climate change increases the frequency and severity of storms, floods are becoming more destructive and widespread, even in areas that historically haven’t seen such risks. NFIP helps ensure that families can rebuild after disaster… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement in light of the Trump and Republican government shutdown. “Donald Trump and Congressional Republicans have made the reckless and cruel decision to shut down the government because they don’t want to protect affordable healthcare for millions of hard-working… Read more »

Text of Letter (PDF) Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, and U.S. Senator Elizabeth Warren (D-MA), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, urged Congressman French Hill (R-AR), Chairman of the House Financial Services Committee, and U.S. Senator Tim Scott (R-SC), Chairman of the Senate… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Consumer Financial Protection Bureau (CFPB) Acting Director Russell Vought. In the letter, Waters expressed alarm over reports that Vought is considering furloughing CFPB employees in the event of a government shutdown. Ranking Member Waters condemned this potential… Read more »

“Treasury estimates that some advisers may manage billions of dollars ultimately controlled by sanctioned entities—entities that threaten our national interests.” “Treasury’s decision to delay the IA AML Rule compliance date—and potentially revisit the rule’s substance—once again raises significant questions about the Administration’s plans to protect our financial system and the… Read more »

   This week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, led Committee Democrats including Representatives Brad Sherman (D-CA), Stephen Lynch (D-MA), Al Green (D-TX), Joyce Beatty (D-OH), Juan Vargas (D-CA), Ayanna Pressley (D-MA), and Sylvia Garcia (D-TX), in a roundtable discussion with former Federal Reserve Vice… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Trump administration’s request that the Supreme Court reverse lower court rulings that have blocked Trump from illegally firing Federal Reserve Board Governor, Dr. Lisa Cook. “Despite two different courts blocking his attempted illegal firing of… Read more »

Committee Passes Bipartisan Bills, Including Those Led by Democrats to Support Community Banks and Protect Americans Amid Sinking Economy Committee Republicans Also Pass Dangerous Bills Giving Mega Corporations and Megabanks More Power This week, the Committee successfully passed a slate of bipartisan bills, including those led by Committee Democrats. ✔  … Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a roundtable conversation with Former Federal Reserve Board Governor and Vice Chair, Dr. Lael Brainard, to examine threats to Fed independence in light of Trump’s attempted removal of Fed Governor Lisa Cook. “We are here today because the… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a full Committee markup. “Thank you very much, Mr. Chairman. Believe it or not, just a few short months ago, the United States economy was the strongest in the world. Then Trump took office. And in just 8 months, inflation has now… Read more »

"As a recent headline in the Daily Caller highlighted, 'Trump Admin May Have Accidentally Empowered Cartels To Flood America With Fentanyl, Republican Legal Experts Warn.'" "It appears that you are implementing a policy directed by the so-called Department of Government Efficiency (DOGE) that facilitates fraud in federal programs..." Text of Letter (PDF) Congresswoman Maxine… Read more »

In 2021, Chairman Hill affirmed that members of “both parties should fight for central bank independence.” Lawmakers urge: “That point is now. We should not sit idly by as mere observers while the President attempts to undermine the Federal Reserve’s independence with any tool he can find.” Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Committee Democrats sent a letter to Acting Inspector General of the Federal Housing Finance Agency, John Allen, requesting an investigation into the propriety of and the process behind FHFA's allegations into Fed Governor Lisa Cook. In the letter, Ranking Member Waters and… Read more »

Marks SECOND time Committee Republicans have blocked release of Epstein files Follows Revelation That JPMorgan Chase Enabled Epstein’s International Child Sex Trafficking Ring              Watch the full clip HERE. Yesterday, Committee Republicans voted to block a move led by Congresswoman Joyce Beatty (D-OH) and Congresswoman Rashida Tlaib (D-MI)… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a full Committee hearing entitled, “Proxy Power and Proposal Abuse: Reforming Rule 14a-8 to Protect Shareholder Value.” “Good morning. Thank you very much, Mr. Chairman. For years, this Committee has proudly championed the values of… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement after a federal court issued a preliminary injunction to block President Donald Trump’s unlawful and unconstitutional effort to terminate Federal Reserve Governor Lisa Cook. “This is a victory for our democracy, the rule of law, and the independence of… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to urge a “NO” vote on H.R. 3838, the National Defense Authorization Act (NDAA). Waters blasted Speaker Johnson for blocking amendments offered by Committee Democrats to strengthen consumer protections, safeguard small businesses and community banks, expand… Read more »