Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following opening statement at a full committee markup:
As Prepared for Delivery
Good morning. Today we will mark up a set of bills on a range of issues, including credit reporting, housing, diversity and inclusion, and investor protection.
I have long said that our… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, will convene a full Committee markup that will include bills introduced by Committee Democrats to make critical reforms to the broken credit reporting system.
This markup follows a February hearing entitled, “Who's Keeping Score? Holding Credit Bureaus Accountable and Repairing a Broken… Read more »
Today, during the semiannual Humphrey-Hawkins hearing on monetary policy and the state of the economy, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, posed a question to Chairman Powell regarding what his response would be if President Trump called him and told him he was fired.
See the exchange below.
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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at the semiannual Humphrey-Hawkins hearing on monetary policy and the state of the economy with Federal Reserve Chairman Jerome Powell.
As Prepared for Delivery
Today, this Committee convenes for a hearing on monetary policy and the state of the… Read more »
On Tuesday, the U.S. House of Representatives passed the following bills, offered by House Financial Services Committee Members, and managed on the House floor by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee.
H. Res. 456, Emphasizing the Importance of State Regulators, a bipartisan resolution emphasizing the investor protection and… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee; Congresswoman Carolyn Maloney (D-NY), Chair of the Investor Protection, Entrepreneurship and Capital Markets Subcommittee; Congressman William Lacy Clay (D-MO), Chairman of the Housing, Community Development and Insurance Subcommittee; Congressman Al Green (D-TX), Chairman of the Oversight and… Read more »
This week, the House of Representatives passed H.R. 3351, the fiscal year 2020 Financial Services and General Government Appropriations bill, which provides $24.6 billion to assist taxpayers, support small businesses and funds a broad range of government agencies including the Department of Treasury and the Consumer Financial Protection Bureau.
Congresswoman Maxine Waters (D-CA),… Read more »
Today, the House Financial Services Committee, held a markup of H.R. 1690, the Safe Housing for Families Act of 2019, legislation that protects residents of public housing from carbon monoxide poisoning.
This legislation, introduced by Rep. Chuy Garcia (D-IL), would authorize $300 million over three years to fund the installation and maintenance of carbon monoxide detectors in… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of July:
Wednesday, July 10 at 10:00 AM — The full Committee will convene a hearing entitled, “Monetary Policy and the State of the Economy.”
Wednesday, July 10 at 2:00 PM — The Subcommittee on Investor Protection,… Read more »
Today, at a full Committee hearing entitled, “Diversity in the Boardroom: Examining Proposals to Increase the Diversity of America’s Boards,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement:
As Prepared for Delivery
Today, this Committee convenes for a hearing on the lack of racial, ethnic and gender… Read more »
Today, in response to Facebook’s announcement that it plans to launch a cryptocurrency, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, made the following statement:
“Facebook has data on billions of people and has repeatedly shown a disregard for the protection and careful use of this data. It has also exposed Americans to malicious and fake… Read more »
This week, the House Financial Services Committee, held a markup of eight bills to make homeownership more affordable and sustainable, reverse harmful actions Trump Administration appointees have taken at the U.S. Department of Housing and Urban Development (HUD), reauthorize and reform the National Flood Insurance Program (NFIP), and crack down on the illicit use of the financial… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, Congresswoman Nydia Velázquez (D-NY) and 63 Democratic Members of Congress sent a letter to Kathy Kraninger, Director of the Consumer Financial Protection Bureau (Consumer Bureau), demanding that she immediately rescind proposals that would limit critical lending information collected under… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at a full Committee markup of eight bills to strengthen housing protections, crack down on illicit finance activities and reform the National Flood Insurance Program.
As Prepared for Delivery
Today, this Committee convenes for a markup of eight… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, introduced H.R. 3167, the National Flood Insurance Program (NFIP) Reauthorization Act of 2019, legislation to provide a long-term reauthorization to the National Flood Insurance Program and ensure homeowners, businesses, renters, and communities are given the certainty they deserve.
The… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced the following updates to the Committee schedule for the month of June.
Tuesday, June 11 at 10:00 AM – The Subcommittee on Oversight and Investigations will convene a hearing entitled, “An Examination of State Efforts to Oversee the $1.5 Trillion Student Loan Servicing… Read more »
On Wednesday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congresswoman Joyce Beatty (D-OH), Chairwoman of the House Financial Services Subcommittee on Diversity and Inclusion, sent letters to 37 bank holding companies requesting their diversity and inclusion data and policies from 2015 to the present.
The letters request data on… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement on the announcement of the Securities and Exchange Commission’s (SEC) final rule governing the standards of care owed by broker-dealers when providing retail investors with personalized investment recommendations:
“The SEC’s final rule ignores the explicit… Read more »
On Tuesday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, delivered the following remarks during a policy speech on the importance of the National Flood Insurance Program (NFIP).
As Prepared for Delivery
Good morning and thank you for inviting me to speak at this important and timely conference.
Before I begin, I’d like to thank the… Read more »
Today, at a full Committee hearing entitled, “Promoting American Jobs: Reauthorization of the U.S. Export-Import Bank,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement:
As Prepared for Delivery
Today this Committee convenes for a hearing to discuss the revival and long-term reauthorization of the… Read more »
This week, at a full Committee hearing with U.S. Department of Housing and Urban Development (HUD) Secretary Benjamin Carson entitled, “Housing in America: Oversight of the U.S. Department of Housing and Urban Development,” Committee Democrats asked questions about many of the Secretary’s harmful actions at HUD that he repeatedly answered inaccurately.
Read below for a list of the top… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of June:
Tuesday, June 4 at 10:00 AM – The full Committee will convene a hearing entitled, “Promoting American Jobs: Reauthorization of the U.S. Export-Import Bank.”
Tuesday, June 4 at 2:00 PM – The Subcommittee on Consumer Protection… Read more »
Following today’s ruling by the U.S. District Court for the Southern District of New York to uphold Congressional authority to access the President’s financial records, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congressman Adam Schiff (D-CA), Chairman of the House Intelligence Committee, released the following statement:
“We are… Read more »
Today, the U.S. House of Representatives passed H.R. 1500, the Consumers First Act, legislation introduced by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, to block the Trump Administration’s anti-consumer agenda and reverse their past efforts to undermine the mission of the Consumer Financial Protection Bureau (Consumer Bureau).
The bill… Read more »
Today, the U.S. House of Representatives will consider H.R. 1500, the Consumers First Act, a bill to block the Trump Administration’s anti-consumer agenda and reverse their past efforts to undermine the mission of the Consumer Financial Protection Bureau (Consumer Bureau).
See Congresswoman Maxine Waters’ (D-CA), Chairwoman of the House Committee on Financial Services, floor statement… Read more »