Today, following the announcement that SunTrust and BB&T plan to merge, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement:
“Last Congress, I and other Democrats warned that S. 2155, which Republicans claimed to be a bill to benefit community banks, was in fact a broader deregulatory giveaway to large banks that… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and Congressman Al Green (D-TX), Chairman of the Subcommittee on Oversight and Investigations, wrote to Consumer Financial Protection Bureau Director Kathy Kraninger to request documents relating to recent settlements that do not require companies that have violated the law to provide… Read more »
Today, in response to the Consumer Financial Protection Bureau’s announcement that it is reconsidering its 2017 Payday, Small-Dollar, and Car Title rule that would put a stop to abusive payday loans, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement:
“I am deeply troubled by the Consumer Bureau’s proposal to gut a… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of February.
Tuesday, February 12 at 10:00 AM – The full Committee will convene a hearing entitled, “The Use of Sanctions and Economic Statecraft in Addressing U.S. National Security and Foreign Policy Challenges.”
Wednesday, February 13… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to the U.S. Department of Housing and Urban Development, expressing concerns with the agency’s efforts to enter the New York City Housing Authority (NYCHA) into receivership.
“Every family deserves access to safe, decent, and affordable housing, and NYCHA’s residents are no… Read more »
Today, after commencing the first official meeting of the House Financial Services Committee in the 116th Congress, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement.
As Prepared for Delivery
Today marks the first official meeting of the Committee on Financial Services in the 116th Congress, convened to… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement, on H. Res. 77, a resolution to encourage financial institutions, consumer reporting agencies, and other entities to do what they can to help consumers, including federal employees, contractors, small businesses, and other individuals affected by the Trump… Read more »
Following Thursday’s announcement of House Financial Services Subcommittee Chairs, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced Subcommittee assignments for the 116th Congress.
Subcommittee on Investor Protection, Entrepreneurship and Capital Markets
Congresswoman Carolyn B. Maloney (NY-12), Chair
Congressman Brad Sherman… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee; Congressman Adam Schiff (D-CA), Chairman of the Permanent Select Committee on Intelligence; and Congressman Eliot Engel (D-NY), Chairman of the Committee on Foreign Affairs, sent a letter to Steven Mnuchin, Secretary of the U.S. Department of the Treasury, requesting all documents and records… Read more »
Today, House Financial Services Committee Chairwoman Maxine Waters (D-CA), House Foreign Affairs Committee Chairman Eliot L. Engel (D-NY), Ways and Means Committee Chairman Richard Neal (D-MA), and House Permanent Select Committee on Intelligence Chairman Adam Schiff (D-CA) released the following statement after the Treasury Department lifted sanctions against companies tied to Russian… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement on H.R. 56, the Financial Technology Protection Act, bipartisan legislation that would strengthen efforts to deter terrorist and illicit abuses of financial technology.
As Prepared for Delivery
I’m so pleased that this body will vote on H.R. 56, the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement on H.R. 502, the FIND Trafficking Act, bipartisan legislation which requires the Government Accountability Office (GAO) to study how online marketplaces and virtual currencies are being used for sex and drug trafficking.
As Prepared for Delivery
Mr.… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement on H.R. 624, the Promoting Transparent Standards for Corporate Insiders Act, bipartisan legislation which requires the Securities and Exchange Commission (SEC) to consider certain types of amendments to Rule 10b5-1 that would ensure corporate insiders are… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement on the passing of Thomas Gamble Duncan, former House Financial Services Committee General Counsel:
“I am deeply saddened to learn of the passing of Tom Duncan. Tom’s knowledge and mastery of the legislative process was indispensable.
“During his tenure, he… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and Senator Sherrod Brown (D-OH), Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, sent a letter to Joseph Otting, Comptroller of the Currency, following President Trump’s appointment of Otting to serve as Acting Director of the Federal Housing Finance Agency… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced the six Committee Members who will serve as Subcommittee Chairs.
Each Subcommittee Chair was chosen through a selection process based on seniority, with the confirmation of all Committee Democrats.
“I am pleased to announce the very talented, experienced and diverse new… Read more »
On Friday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, wrote to the heads of financial services industry trade associations and the largest credit reporting agencies to call on them to describe what their institutions and member companies are doing to help consumers affected by the Trump shutdown.
“President Trump’s shutdown of the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Ben Carson, Secretary of the U.S. Department of Housing and Urban Development (HUD), demanding that HUD follows its own Contingency Plan during the longest shutdown in U.S. history.
In the letter, Chairwoman Waters expressed concerns about HUD’s failure to ensure… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement on the impact of the Trump shutdown on the U.S. Department of Treasury, the agency that plays a critical role in the U.S. economy including collecting taxes and paying the debts of the United States.
“The Trump shutdown is the longest in U.S. history. I remain… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and Congressman Patrick McHenry (R-NC), Ranking Member of the House Committee on Financial Services, announced the introduction of H.R. 624, the Promoting Transparent Standards for Corporate Insiders Act, bipartisan legislation which requires the Securities and Exchange Commission (SEC) to… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement applauding House passage of H.J. Res. 30, a Resolution of Disapproval to reverse the U.S. Department of the Treasury’s decision to lift sanctions on companies owned by Russian oligarch Oleg Deripaska.
“Today the House overwhelmingly passed H.J. Res. 30, a… Read more »
Following her first policy speech as Chairwoman of the House Financial Services Committee, Congresswoman Maxine Waters (D-CA), sat down for a brief discussion where she outlined her plans as Chairwoman in the 116th Congress and addressed a wide range of important issues, including consumer protection, affordable housing, diversity and inclusion, working across the aisle, and the racial… Read more »
Following Speaker Pelosi’s announcement of new appointments to the House Committee on Financial Services, Congresswoman Maxine Waters (D-CA), Chairwoman of the Committee, issued the following statement:
“The 116th Congress is the most diverse in U.S. history and I am very pleased that the Financial Services Committee Democratic Caucus will reflect its diversity. We have new Members… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following remarks during her first policy speech in the 116th Congress:
As Prepared for Delivery
Thank you for the very warm welcome, and to the Center for American Progress for holding this event. CAP’s research and policy work are highly respected and a valued resource… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement regarding the U.S. Treasury Department’s decision in December to remove sanctions on three Russian companies connected to Russian oligarch Oleg Deripaska:
“I am very concerned about the Treasury Department’s actions to lift sanctions on businesses connected… Read more »
