Today, at a House Financial Services Committee markup of four bills, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, gave the following opening statement:
As Prepared for Delivery
Thank you, Mr. Chairman.
Mr. Chairman, it is disappointing that this is the second markup this month without any major legislation on the agenda to help America’s… Read more »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, gave the following statement at a full Committee hearing on financial industry regulation with Joseph Otting, Comptroller of the Currency. This hearing marks Comptroller Otting’s first appearance before the Committee.
As Prepared for Delivery
Thank you, Mr. Chairman. I am looking… Read more »
In a letter to Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System, and Alex Mehran, Chair of the Federal Reserve Bank of San Francisco’s Search Committee, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services and 42 Democratic Members of Congress called for a transparent and inclusive search process to identify… Read more »
As this month marks the beginning of the 2018 hurricane season, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, issued the following statement regarding her longstanding call to reauthorize the National Flood Insurance Program (NFIP), a program created by Congress to provide flood insurance for millions of families:
“In 2017, for the… Read more »
Today, at a House Financial Services Committee markup of 7 bills, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, gave the following opening statement:
As Prepared for Delivery
Thank you, Mr. Chairman.
Mr. Chairman, I understand that this is likely the first of several markups this month, as part of an effort to move forward a package of… Read more »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, made the following statement in response to Office of Management and Budget Director Mick Mulvaney’s reckless decision to fire all members of the Consumer Financial Protection Bureau’s (Consumer Bureau) Consumer Advisory Board. The Consumer Advisory Board is a statutorily required panel… Read more »
Today, at a House Financial Services Committee markup of three bills, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee of Financial Services, gave the following statement:
As Prepared for Delivery
Thank you Mr. Chairman.
Mr. Chairman, I was pleased that last week, the Subcommittee on Housing and Insurance finally held a hearing on homelessness in America. The… Read more »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, gave the following floor statement in opposition to S. 2155, a bill that damages homeownership opportunities, threatens our economy, and serves as a major giveaway to the nation’s largest banks and bad actors like Equifax:
As Prepared for Delivery
Democrats passed the Dodd-Frank Wall… Read more »
WASHINGTON, D.C. - Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, Congressman Dan Kildee (D-MI), Vice Ranking Member of the Committee on Financial Services, Congresswoman Gwen Moore (D-WI), Ranking Member of the Subcommittee on Monetary Policy and Trade, Congressman Al Green (D-TX), Ranking Member of the Subcommittee on Oversight and… Read more »
Today, the House Financial Services Committee Subcommittee on Housing and Insurance held a hearing entitled, “An Overview of Homelessness in America.” For years, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, and Committee Democrats, have called on the Committee to hold a hearing on homelessness. Today marks the first time Committee… Read more »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, introduced the Expanding Housing Opportunities for Foster Youth Act of 2018, a bill to provide a more sustainable solution for young people who are transitioning out of foster care and in need of a place to call home. This bill would permanently reauthorize $200 million annually towards… Read more »
Following U.S Department of Housing and Urban Development Secretary Ben Carson’s outrageous proposal to increase rent burdens on our nation’s most vulnerable populations, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, introduced H.Res.886, a resolution that affirms the Brooke Rule, which ensures that families receiving federal housing… Read more »
Today, in response to Director of the Office of Management and Budget Mick Mulvaney’s announcement that the Consumer Financial Protection Bureau (Consumer Bureau) will dramatically reorganize its operational structure, creating new offices and closing existing ones, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, made the following… Read more »
Today, in response to the Trump Administration’s announcement that the United States will withdraw from the Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, made the following statement:
“President Trump’s announcement today that he is withdrawing the U.S. from… Read more »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, gave the following floor statement in opposition to S.J. Res. 57, an unprecedented Congressional Review Act resolution to repeal and permanently block guidance from the Consumer Financial Protection Bureau (Consumer Bureau) on indirect auto financing.
As Prepared for Delivery
Mr.… Read more »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, sent a letter to Office of Management and Budget Director Mick Mulvaney, who was illegally appointed by President Trump as Acting Director of the Consumer Financial Protection Bureau (Consumer Bureau). In the letter, Ranking Member Waters requested all records regarding Mulvaney’s… Read more »
Today, in response to the U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson’s proposal to limit federal housing assistance and impose additional burdens on our nation’s most vulnerable populations, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, made the following statement:
“Secretary Carson’s proposal to… Read more »
Today, in response to the announcement that the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency will each impose a $500 million penalty against Wells Fargo for its auto insurance and mortgage lending abuses, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, made the following statement:
“Wells Fargo has a… Read more »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services; Congressman Bobby Scott (D-VA), Ranking Member of the House Committee on Education and the Workforce; Senator Sherrod Brown (D-OH), Ranking Member of the Senate Banking Committee, and Senator Patty Murray (D-WA), Ranking Member of the Senate Health, Education, Labor and Pensions… Read more »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, introduced legislation that would help prevent foreclosures for the Federal Housing Administration’s (FHA) borrowers by strengthening requirements for and increasing oversight of FHA mortgage servicers so that every homebuyer with an FHA mortgage is given a fair chance at avoiding… Read more »
In response to the Federal Emergency Management Agency’s (FEMA) report entitled, “An Affordability Framework for the National Flood Insurance Program,” Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, made the following statement:
“I am pleased that FEMA has finally delivered the affordability framework that I and other Members enacted in the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, gave the following statement at a full committee hearing on the Federal Reserve’s supervision and regulation of the financial system with Randal Quarles, Vice Chairman for Supervision, Board of Governors of the Federal Reserve System.
As Prepared for Delivery
Thank you, Mr. Chairman, and… Read more »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, gave the following floor statement in opposition to H.R. 4790, the third bill on the House floor this week that would provide a giveaway to Wall Street megabanks. H.R. 4790 is the latest attempt by Republicans to weaken the Volcker Rule, a cornerstone of Wall Street reform that prevents banks… Read more »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on the Financial Services, made the following statement on the 50th Anniversary of the signing of the Fair Housing Act:
“Today, we mark the 50th anniversary of the Fair Housing Act, which is one of the most important pieces of legislation attributed to Dr. Martin Luther King, Jr.’s legacy of fighting for equal… Read more »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, gave the following floor statement on H.R. 4061, the so-called “Financial Stability Oversight Council Improvement Act. This bill would undermine efforts mandated in the Dodd-Frank Act to mitigate the risks posed to the economy by large nonbank firms, like AIG, Lehman Brothers and Bear… Read more »
