Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement on the Consumer Financial Protection Bureau’s (Consumer Bureau’s) proposal to address predatory debt collection practices:
“This is yet another example of an anti-consumer action at the Consumer Bureau by a Trump Administration appointee. Last year, the… Read more »
Representative Maxine Waters, Chairwoman of the House Committee on Financial Services, and Representative Eliot L. Engel, Chairman of the House Committee on Foreign Affairs, have taken the Trump Administration to task for its failure to produce a report that is now four months past a statutory deadline detailing actions to crack down on human-rights abusers in Russia. In a letter to… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Steven Mnuchin, Secretary of the U.S. Department of Treasury, expressing her concerns about a recent report that the Trump administration accepted, and possibly paid, a “medical bill” or ransom demand from the North Korean government related to American student and hostage… Read more »
Today, at a Subcommittee on Oversight and Investigations hearing entitled, “Examining Discrimination in the Auto Loan and Insurance Industries,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee gave the following opening statement.
As Prepared for Delivery
Thank you, Mr. Chairman.
Buying a car is a significant purchase for many Americans… Read more »
Today, the U.S. House of Representatives passed the following bipartisan bills, offered by House Financial Services Committee Members in recognition of Financial Literacy Month.
H. Res. 327, Encouraging Greater Public-Private Sector Collaboration to Promote Financial Literacy for Students and Young Adults, a resolution to encourage financial planning efforts among students and… Read more »
Today, at a full Committee hearing entitled, “Housing in America: Assessing the Infrastructure Needs of America’s Housing Stock,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee gave the following opening statement.
As Prepared for Delivery
Today this Committee convenes for a hearing on assessing the infrastructure needs of America’s housing… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings and a markup:
Tuesday, April 30 at 10:00 AM – The full Committee will convene a hearing entitled, “Housing in America: Assessing the Infrastructure Needs of America’s Housing Stock.”
Tuesday, April 30 at 2:00 PM – The Subcommittee on Consumer… Read more »
Yesterday, at a hearing entitled, “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis,” Committee Democrats asked the Chief Executive Officers (CEOs) of seven of the nation’s largest financial institutions tough questions on behalf of hardworking consumers.
Read below for 10 tough questions Committee Democrats asked the… Read more »
Today, at a full Committee hearing with the CEOs of seven of the nation’s largest financial institutions, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, called for megabanks to craft a solution to help Americans saddled with student loan debt to achieve economic goals such as homeownership.
“I’m going to ask you in all that you do to think… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at hearing entitled, “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis.”
Today, this Committee convenes for a hearing on the U.S. Global Systemically Important Banks (GSIBs). Before us… Read more »
Today, at a full Committee hearing with U.S. Department of the Treasury Secretary Steven Mnuchin entitled, “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement:
Today, this Committee convenes for a… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following statement at a Subcommittee on Housing, Community Development and Insurance hearing entitled, “The Affordable Housing Crisis in Rural America: Assessing the Federal Response.”
As Prepared for Delivery
Thank you very much, Chairman Clay. I am very pleased that you are… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, convened a hearing entitled, “The Fair Housing Act: Reviewing Efforts to Eliminate Discrimination and Promote Opportunity in Housing.”
See the Chairwoman’s opening statement below.
As Prepared for Delivery
Good morning, everyone. Today, the Committee convenes for a hearing on the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released the following statement in response to an announcement by Wells Fargo & Company that Tim Sloan would step down as CEO, President, and Board member, effective immediately.
“I agree with Tim Sloan that it is best that he steps down. Tim Sloan has a 31-year history at Wells Fargo,… Read more »
This week, the House Financial Services Committee, held a markup of five bills to crack down on foreign corruption, uphold consumer protections, increase access to the financial system, protect retirement savers, and address the national homelessness crisis.
See the legislation below.
HR 389, Kleptocracy Asset Recovery Rewards Act, legislation that establishes a rewards… Read more »
Today, at a full Committee markup, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee gave the following opening statement.
As Prepared for Delivery
Today, this Committee convenes for a markup of five overdue bills.
As I have said before, under my leadership, this Committee will be focused on fairness and policies to benefit consumers,… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, introduced H.R. 1856, the Ending Homelessness Act of 2019, legislation that provides a comprehensive plan to ensure that every person experiencing homelessness in America has a place to call home.
“In the richest country in the world, it is simply unacceptable that we have people living in… Read more »
On February 22, the chairs of six committees in the U.S. House of Representatives wrote a letter to Attorney General William Barr to inform him of their expectation that he will make Special Counsel Robert Mueller’s report public “without delay.”
Today, after the Department of Justice informed Congress that Special Counsel Mueller had submitted his final report to Attorney General… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of April.
Tuesday, April 2 at 10:00 AM – The full Committee will convene a hearing entitled, “The Fair Housing Act: Reviewing Efforts to Eliminate Discrimination and Promote Opportunity in Housing.”
Tuesday, April 2 at 2:00 PM – The… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, Congresswoman Carolyn Maloney (D-NY), Chairwoman of the House Financial Services Subcommittee on Investor Protection, Entrepreneurship and Capital Markets, and Congresswoman Joyce Beatty (D-OH), Chairwoman of the House Financial Services Subcommittee on Diversity and Inclusion, issued 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 March:
Tuesday, March 26 at 2:00 PM – The full Committee will convene a markup of the following bills:
HR ___, the Ending Homelessness Act (Waters)
HR 389, Kleptocracy Asset Recovery Rewards Act… Read more »
In recognition of Sunshine Week, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, offered H. Res. 206, a resolution she introduced to shed light on money laundering and terrorism finance, on the House floor. The resolution was passed by a voice vote.
See Chairwoman Waters’ floor statement below.
As Prepared for Delivery
Mr. Speaker, I… Read more »
Today, following the announcement that Wells Fargo President and CEO Timothy Sloan received $2 million in performance-based incentive pay for 2018, and total compensation of $18.4 million for the year, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement:
“Given Wells Fargo’s continuing failures, it is outrageous and… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave a statement on the House floor in support of H. Con. Res. 24, a resolution which expresses the sense of Congress that the report of Special Counsel Robert Mueller should be made available to the public and to Congress. Chairwoman Waters is an original cosponsor of H. Con. Res. 24.
See… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following opening statement at a hearing entitled, “Preparing for the Storm: Reauthorization of the National Flood Insurance Program.”
As Prepared for Delivery
We are here today to discuss the future of the National Flood Insurance Program (NFIP), which is critical to… Read more »
