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 May:
May 24 at 12:00 PM ET: The Subcommittee on Investor Protection, Entrepreneurship and Capital Markets will convene for a virtual hearing entitled, “Going Public: SPACs, Direct Listings, Public Offerings,… Read more »
This week, the U.S. House of Representatives passed seven bipartisan House Financial Services Committee bills.
The House passed the following bills along with other measures en bloc by a vote of 350-75:
The Financial Inclusion in Banking Act (H.R. 1711), a bill by Representative David Scott (D-GA), which would direct the Consumer Financial Protection Bureau’s (CFPB) Office of… 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, “Oversight of Prudential Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions.”
Welcome, Chairman Harper and Acting Comptroller Hsu, and welcome back Chairman… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the Financial Services Committee Vice Chairs for the 117th Congress.
“I am excited to announce the Committee’s Subcommittee Vice Chairs for the 117th Congress,” said Chairwoman Waters. “Financial Services Committee Democrats are a diverse, talented, knowledgeable and… 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 National Security, International Development and Monetary Policy virtual hearing entitled, “Examining Belt and Road: The Lending Practices of the People’s Republic of China and Impact on the International Debt… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced that Congressman Jake Auchincloss (D-MA) will serve as Vice Chair of the Committee in the 117th Congress. Representative Auchincloss was elected to serve as Vice Chair by Committee Democrats.
“I am pleased to announce that Congressman Jake Auchincloss will serve as Vice Chair of the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the Senate’s passage of S.J. Res 15, sponsored by Senator Chris Van Hollen (D-MD) and U.S. Senate Committee on Banking, Housing, and Urban Affairs Chairman Senator Sherrod Brown (D-OH), which would overturn the Office of the Comptroller of the Currency’s… Read more »
The House Committee on Financial Services passed six bills to help combat credit discrimination, ensure fair lending testing, support LGBTQ-owned businesses, improve language access in mortgage servicing, and hold public companies accountable for disclosing pay raise information, climate change risks, and total amounts paid in taxes to better inform investors.
The bills passed by the… Read more »
Today, 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 her bill H.R. 2547, The Comprehensive Debt Collection Improvement Act. The bill passed the House by a vote of 215-207.
Madam Speaker, I rise in strong support of my legislation, H.R. 2547, the Comprehensive Debt… 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 six bills. As Chairwoman of this Committee, I am very pleased to advance several strong legislative solutions that have been introduced by Committee Democrats.
At… 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, “Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide, Part III.”
Today, this Committee convenes for part three of our series of hearings focused on market… 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 Housing, Community Development and Insurance virtual hearing entitled, “Built to Last: Examining Housing Resilience in the Face of Climate Change.”
Thank you very much, Chairman Cleaver for convening this hearing on the need to… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent letters to senior Members of the House Committee on Appropriations urging them to fund the Minority Business Development Agency, the Community Development Financial Institutions (CDFI) Fund, the Securities and Exchange Commission (SEC), and programs that support affordable housing and address… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following witnesses for the May 6 full committee virtual hearing entitled: “Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide, Part III.”
The Honorable Gary Gensler, Chairman, U.S. Securities and Exchange Commission
… 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:
May 4 at 12:00 PM ET: The Subcommittee on Housing, Community Development and Insurance will convene for a virtual hearing entitled, “Built to Last: Examining Housing Resilience in the Face of Climate Change.”
… 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 reversal of the Trump Administration’s attempt to weaken the Equal Access Rule.
“I am pleased that Secretary Fudge has reversed the previous administration’s efforts that would have gutted the… Read more »
This week, the U.S. House of Representatives passed seven bipartisan bills introduced by House Financial Services Committee Members.
The House passed the SAFE Banking Act (H.R. 1996), a bipartisan bill by Representative Ed Perlmutter (D-CO), which would help ensure cannabis businesses operating in nearly all states that have legalized its use have access to basic banking products… Read more »
Today, the House Financial Services Committee passed eight bills, including legislation to advance racial and economic justice, promote equity in the financial system, ensure consumers are not exposed to abusive debt collection practices, and provide key material information to investors.
The bills passed by the Committee include.
The Shareholder Political Transparency Act… Read more »
Today, the Financial Services Committee passed legislation introduced by Chairwoman Maxine Waters (D-CA) to require the Federal Reserve to use its existing authorities to close racial employment and wage gaps and report on how the gaps change over time. Senator Elizabeth Warren (D-MA) and Senator Kirsten Gillibrand (D-NY) introduced companion legislation in the Senate to address the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced the reauthorization of the Financial Technology and Artificial Intelligence Task Forces.
“I am very pleased to announce that our Task Forces on Financial Technology and Artificial Intelligence will continue their work examining emerging technologies in the financial services and… 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 markup.
Good morning. Today, we are here to mark up a series of important measures.
I am very pleased that, following the Committee’s hearing in March on racial justice and racial equity, today the Committee… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, who is a leading, outspoken critic of former President Trump, his close ties to Russia and the Trump Administration’s failure to address acts of Russian hostility against the U.S., made the following statement regarding the Biden Administration’s announcement of a new package of… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the confirmation of Gary Gensler as Chairman of the Securities and Exchange Commission.
“I congratulate Gary Gensler on his confirmation as Chairman of the Securities and Exchange Commission (SEC).
“Gary Gensler has a proven track record… 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 Investor Protection, Entrepreneurship and Capital Markets virtual hearing entitled, “The End of LIBOR: Transitioning to an Alternative Interest Rate Calculation for Mortgages, Student Loans, Business Borrowing, and Other Financial… 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 Consumer Protection and Financial Institutions virtual hearing entitled, “Banking Innovation or Regulatory Evasion? Exploring Trends in Financial Institution Charters.”
Thank you very much Chairman Perlmutter for holding this very… Read more »
