Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, met with Treasury Secretary Janet Yellen to discuss a variety of important issues including the implementation of emergency rental assistance.
“This morning, I met with Secretary Yellen to discuss my priorities and the many ways in which we can work together to ensure that our country is… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the Office of the Comptroller of the Currency’s decision to rescind the 2020 Community Reinvestment Act rule and work with the Federal Deposit Insurance Corporation and the Federal Reserve to draft a new rule.
“Civil rights laws like the Community… Read more »
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 hybrid hearing entitled, “Bond Rating Agencies: Examining the “Nationally Recognized” Statistical Rating Organizations.”
Thank you, Mr. Sherman.
In the lead up to… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on Consumer Protection and Financial Institutions hybrid hearing entitled, “Banking the Unbanked: Exploring Private and Public Efforts to Expand Access to the Financial System.”
Thank you, Chair Perlmutter.
I am pleased that… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the FHFA reversal of Trump-Era refinance penalty on homeowners.
“I commend Federal Housing Finance Agency (FHFA) Acting Director Thompson for her prompt and steadfast leadership in reversing the adverse market fee on July 16th, which is estimated to… 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, “Building Back A Better, More Equitable Housing Infrastructure for America: Oversight of the Department of Housing and Urban Development.”
First of all, a happy good morning, Secretary Fudge. I am so… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on her legislative housing package.
“Our nation is in the midst of a housing crisis, which has been decades in the making. Due to a consistent lack of investment in affordable housing under Democratic and Republican administrations, we now find… 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 virtual hearing entitled, “CDBG Disaster Recovery: States, Cities, and Denials of Funding.”
Thank you so very much, Chair Green. The disaster mitigation funding Congress has appropriated to Texas since… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on President Biden’s recent executive order encouraging the Department of Justice and prudential regulators to examine bank merger practices.
“I am very pleased that President Biden took the important step of encouraging the Department of Justice 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 virtual hearing entitled, “Monetary Policy and the State of the Economy.”
First, I would like to welcome back, Chair Powell. We’re delighted to have you with us here today.
Much has happened since the last time you testified on the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement after securing a commitment from President Biden that housing will be included in reconciliation.
“As Chairwoman of the Financial Services Committee and a longtime advocate for ending homelessness and promoting fair, affordable, and accessible housing, my… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, sent a letter to the nation’s largest corporate landlords and top eviction filers during the pandemic urging them to work with tenants to inform them of their rights and connect them with emergency rental assistance.
“Since the beginning of the pandemic, I have made it my top priority to… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on Consumer Protection and Financial Institutions hybrid hearing entitled, “Addressing Climate as a Systemic Risk: The Need to Build Resilience within Our Banking and Financial Institutions.”
Thank you, Chair Perlmutter. Over the past… Read more »
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 »
