On March 10, the House passed the Senate amendment to the American Rescue Plan Act, sending the legislation to President Biden’s desk. The American Rescue Plan Act contains a number of key provisions authored by Financial Services Committee Democrats.
These include provisions providing $10 billion to support the production of emergency medical equipment using the Defense… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the Consumer Financial Protection Bureau’s (CFPB) announcement that it will interpret the Equal Credit Opportunity Act (ECOA) to prohibit lending discrimination on the basis of sexual orientation or gender identity.
“Over the past several years, the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the confirmation of Marcia Fudge as Secretary of the U.S. Department of Housing and Urban Development (HUD).
“I congratulate Marcia Fudge on her confirmation as Secretary of the Department of Housing and Urban Development (HUD).
“Marcia… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement on the American Rescue Plan:
Thank you so very much, Mr. Speaker and Members. I would like to thank President Biden and all of the Democratic Leadership for this wonderful and historic piece of legislation that we are voting on here today. This indeed… 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 virtual hearing entitled, “Justice for All: Achieving Racial Equity Through Fair Access to Housing and Financial Services.”
Today we are here to discuss steps that this Committee can take to create justice and achieve racial equity… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, sent a letter to Federal Reserve Chair Jerome Powell, Federal Reserve Vice Chair Randal Quarles, Federal Deposit Insurance Corporation Chair Jelena McWilliams, and Acting Comptroller of the Currency Blake Paulson, urging their agencies to stop prioritizing the wishes of Wall Street over the… Read more »
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 March:
March 10 at 10:00 AM ET: The full Committee will convene for a virtual hearing entitled, “Justice for All: Achieving Racial Equity Through Fair Access to Housing and Financial Services.”
… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, issued the following statement applauding the commitment by Treasury Secretary Janet Yellen to pursue a new allocation of Special Drawing Rights (SDRs) by the International Monetary Fund (IMF).
“I am very pleased by Secretary Yellen’s decision to seek a multilateral agreement to support… 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 the American Rescue Plan Act.
Madam Speaker, thank you so very much. I am so grateful that we have President Biden’s leadership in the White House to tackle the ongoing pandemic. H.R. 1319, the American Rescue… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following virtual hearings in the month of March:
March 10 at 10:00 AM ET: The full Committee will convene for a virtual hearing entitled, “Justice for All: Achieving Racial Equity Through Fair Access to Housing and Financial Services.”
March 11 at… 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 the Equality Act.
Mr. Speaker, I rise in strong support of H.R. 5, the Equality Act, a critical piece of civil rights legislation.
Half a century ago, the Fair Housing Act and the Equal Credit Opportunity Act… Read more »
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 virtual hearing entitled, “Dollars Against Democracy: Domestic Terrorist Financing in the Aftermath of Insurrection.”
We are here against the backdrop of the January 6th… 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, “How Invidious Discrimination Works and Hurts: An Examination of Lending Discrimination and Its Long-term Economic Impacts on Borrowers of Color.”
Good afternoon Chairman… 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.”
Welcome back, Chair Powell. Since your last testimony before this Committee, the COVID-19 pandemic has continued to have a devastating impact all across the country.… Read more »
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 February:
NEW DATE: February 25 at 10:00 AM ET: The Subcommittee on National Security, International Development and Monetary Policy will convene for a virtual hearing entitled, "Dollars against Democracy:… 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.”
Good afternoon everyone. This hearing will be the first in a series of hearings for the Committee to examine the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following witnesses for the February 18 full Committee virtual hearing entitled: “Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide.”
Vlad Tenev, Chief Executive Officer, Robinhood Markets, Inc.
Kenneth C.… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a markup to consider legislation to carry out President Biden’s American Rescue Plan.
Today this Committee convenes for a mark up to consider legislation to carry out President Biden’s American Rescue Plan, the American Rescue Plan Act of 2021.… Read more »
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, “Supporting Small and Minority-Owned Businesses Through the Pandemic.”
Thank you, Chairman Himes, and I wanted to be here to congratulate you on hosting… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, joined Congresswoman Ayanna Pressley (D-MA) as a co-lead of a resolution to cancel $50,000 of federal student loan debt per person. The resolution calls on the President to use executive authority to cancel student loan debt and ensure there is no tax liability for federal student loan… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hearing entitled, “More than a Shot in the Arm: The Need for Additional COVID-19 Stimulus.”
Today this Committee convenes for our first full Committee hearing of the 117th Congress. This hearing is entitled, “More than a Shot in the Arm:… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement on the urgent need to pass the FY2021 Joint Budget Resolution on COVID-19 relief:
Mr. Speaker, I happily rise in support of this joint budget resolution for Fiscal Year 2021 to enact our President Biden’s American Rescue Plan and provide urgently needed… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at a full Committee organizational meeting and markup to consider a resolution to adopt the Committee’s rules for the 117th Congress.
As Prepared for Delivery
Today marks the first official meeting of the Committee on Financial Services in the… 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 (OCC) decision to pause the publication of a final rule that would place our financial system at risk and force banks to serve gun manufacturers and fossil fuel companies.
“I am pleased that the OCC has… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following hearing schedule for the month of February:
February 3 at 11:00 AM ET: The full committee will convene for a hybrid organizational meeting and markup.
February 4 at 10:00 AM ET: The full committee will convene for a virtual hearing… Read more »
