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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…

Waters Floor Statement in Support of President Biden’s Build Back Better Plan

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement on the House floor in support of the rule, which would pass the House’s budget resolution. Thank you so very much. I am very appreciative for the time that I’ve been afforded. And I rise in support of the rule, which would pass the House’s budget resolution.…

Waters Applauds SEC’s Approval of a National Stock Exchange Rule to Require Diversity Data Reporting

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the Securities and Exchange Commission’s approval of a proposed rule that would require companies listed on a national stock exchange to meet gender and racial diversity requirements and provide diversity data of their board members. “As Chairwoman of…

Waters Urges Federal Agencies and Bank Regulators to Strengthen and Enforce Foreclosure Protections for Homeowners

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent two letters to federal agencies and banking regulators urging them to strengthen foreclosure and mortgage servicing protections for borrowers and provide greater oversight to prevent unnecessary foreclosures during the pandemic. In a letter to the U.S. Department of Housing and Urban…

Waters Urges Administration to Target Burma Military Junta’s Access to Oil and Gas Revenues

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Janet Yellen, Secretary of the U.S. Department of Treasury, urging the Administration to impose immediate sanctions on Burma’s state-owned energy firm, the Myanmar Oil and Gas Enterprise, in order to prevent the military junta from accessing hundreds of millions of…

Rep. Waters Statement on CDC Decision to Extend Eviction Moratorium

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, issued a statement following the Centers for Disease Control and Prevention (CDC) decision to extend the eviction moratorium. "From the bottom of my heart and on behalf of millions of renters, I thank the President for listening and for encouraging the CDC to act! This extension of the…

In Letter to Speaker Pelosi, Rep. Waters Continues Fight for Renters

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Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, sent a letter to Speaker Nancy Pelosi.  In the letter, Congresswoman Waters expresses her strong support for Speaker Pelosi and reiterates her call for President Biden to direct the Centers for Disease Control and Prevention (CDC) to extend the eviction moratorium. “Due to Justice…

House Republicans Block Emergency Legislation by Chairwoman Waters to Extend Federal Eviction Moratorium

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a statement following Republican objections to the Majority Leader’s unanimous consent request to take up her bill, H.R. 4791, the “Protecting Renters from Evictions Act of 2021,” which would extend the federal eviction moratorium through the end of the year. “The eviction…

Committee Passes Legislation to Advance Investor Protections, Support Manufactured Housing Communities, and Promote De Novo Depository Institutions

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The House Financial Services Committee passed eleven bills to protect investors and reduce conflicts of interest born out of payment for order flow, support manufactured housing communities, fight for everyone’s right to vote, promote de novo depository institutions, and strengthen protections for the LIBOR transition.  The following bills passed the Committee en bloc #1 by a vote…

Waters Introduces Legislation to Extend Federal Eviction Moratorium to Keep Families Housed

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a statement following the introduction of her legislation, the “Protecting Renters from Evictions Act, of 2021,” that would extend the eviction moratorium through the end of the year. “The current eviction moratorium expires in two days, on July 31, putting millions of people at…

Waters Opening Statement at July Full Committee Markup

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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. Since the start of the 117th Congress, this Committee has marked up 21 bills and has held five markups. Today, this Committee will mark up 11 more bills.    As Chairwoman of this Committee, I am so very…

Waters on NAHASDA Reauthorization: This Fight Is About Fairness and Equality

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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 Housing, Community Development and Insurance hearing entitled, “NAHASDA Reauthorization: Addressing Historic Disinvestment and the Ongoing Plight of the Freedmen in Native American Communities.” Thank you, Chairman Cleaver, for convening this…

Waters on Central Bank Digital Currencies: It Is Vital That Our Central Bank Has Powerful Tools to Achieve Its Mandate

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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 National Security, International Development and Monetary Policy hearing entitled, “The Promises and Perils of Central Bank Digital Currencies.”  Thank you, Chairman Himes for hosting this hearing, part of a series that this…

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