Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a full Committee Markup.
“Good morning. This week marks 100 days under the Trump regime, and it is impossible to ignore how badly Trump has tanked the economy. It was just reported that the American economy shrank 0.3% last quarter,… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Committee on Financial Services, and Senator Elizabeth Warren (D-MA), the top Democrat on the Senate Committee on Banking, Housing, and Urban Affairs, introduced the “Restoring Fair Housing Protections Eliminated by Trump Act of 2025,” which would restore the Affirmatively Furthering Fair Housing (AFFH) Rule that was… Read more »
Read letter here
Today, Congresswoman Maxine Waters (D-CA), Ranking Member on the House Financial Services Committee and U.S. Senator Elizabeth Warren (D-MA), Ranking Member on the Senate Banking, Housing and Urban Affairs Committee, wrote to the National Credit Union Administration (NCUA) Inspector General calling for an investigation into the Board’s operation after President Trump… Read more »
Today Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Capital Markets Subcommittee hearing entitled, “Exposing the Proxy Advisory Cartel: How ISS & Glass Lewis Influence Markets.”
“Thank you. This hearing is titled ‘Exposing the Proxy Advisory Cartel.’ But there is a very real cartel… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement after President Trump capitulated and said he currently has “no intention” to fire the Chair of the Board of Governors of the Federal Reserve System (Fed), Jerome Powell.
“I commend Chair Powell for standing strong in defense of the Federal Reserve’s… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Financial Institutions Subcommittee hearing entitled, “Regulatory Overreach: The Price Tag on American Prosperity.”
Good morning. Republicans are once again using community banks to advance an agenda for megabanks. Instead, we should… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement in response to the lawsuit filed by Todd Harper and Tanya Otsuka – two former Democratic members of the National Credit Union Administration Board – against the Trump Administration for unlawfully firing them without cause. The Congresswoman put out a… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Office of the Comptroller of Currency (OCC) and the Board of Governors of the Federal Reserve System’s (Fed) decision to approve the Capital One’s acquisition of Discover.
“The Trump Administration’s approval of the Capital One-Discover merger… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee and Congressman Bill Foster (D-IL), the Ranking Member of the Financial Institutions Subcommittee, led 88 House Democrats in a letter to U.S. Department of the Treasury Secretary, Scott Bessent, following an Executive Order issued by President Donald Trump last month, aimed at slashing… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following a federal judge’s ruling blocking the Trump Administration’s plan to illegally fire approximately 1,500 staff at the Consumer Financial Protection Bureau (CFPB). The CFPB was created in the wake of the 2008 financial crisis and is the only federal agency… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following President Trump's illegal firing of the two Democrats on the board of the National Credit Union Administration (NCUA) without cause.
“Trump’s firing of the two Democrats on the board of the National Credit Union Administration is a… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Chairman French Hill (R-AR) urging him to join her in requesting that the House Appropriations Committee renew funding for existing Emergency Housing Vouchers (EHVs) in the Fiscal Year 2026 appropriations bill. The letter was prompted by a recent notice to Public Housing… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement in response to recent actions by President Trump to reduce the workforce at the Minority Business Development Agency (MBDA). This action follows an Executive Order last month to gut the MBDA completely.
“Donald Trump is taking his war on small… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued this statement in commemoration of the 57th anniversary of the signing of the Fair Housing Act into law.
“Fifty-seven years ago today, the Fair Housing Act of 1968 was signed into law just seven days following the assassination of Dr. Martin Luther King Jr. After generations of… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, led 18 Committee Democrats in sending a letter to both the Chair and the Inspector General of the U.S. Securities and Exchange Commission (SEC) along with the Comptroller General of the U.S. Government Accountability Office (GAO) demanding an immediate investigation into whether… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following testimony before the House Appropriations Subcommittee on Transportation, Housing and Urban Development.
Good morning, Chair Womack, Ranking Member Clyburn, and Members of the Subcommittee. Thank you for the opportunity to testify today on one of the most… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House Floor to blast S.J.Res.18, the “Higher Bank Fees Act” — a bill that would raise fees charged to consumers by the nation’s biggest banks.
Mr. Speaker, I rise in complete opposition to yet another harmful bill put forth by Republicans, S.J. Res 18—a resolution to allow… Read more »
Today Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House Floor to blast, S.J. Res. 28, the “Big Tech Payment Scams Act” — a bill that would revoke the Consumer Financial Protection Bureau’s authority to supervise payment apps operated by big tech companies for compliance with consumer financial protection laws.
Mr. Chair, I… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement during a Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee hearing entitled, “American Innovation and the Future of Digital Assets: Aligning the U.S. Securities Laws for the Digital Age.”
I must highlight over two days,… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a hearing with the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity, entitled, “U.S. Treasury Debt in the Monetary System.”
While we examine ways to strengthen the resilience of the Treasury market, it… Read more »
Today, Committee on Financial Services Ranking Member Maxine Waters (D-CA), Committee on Homeland Security Ranking Member Bennie G. Thompson (D-MS), Committee on Transportation and Infrastructure Ranking Member Rick Larsen (D-WA), Committee on Appropriations Ranking Member Rosa DeLauro (D-CT), and Committee on Science, Space and Technology Ranking Member Zoe Lofgren (D-CA) announced they… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during an Oversight and Investigations Subcommittee hearing entitled, “Decades of Dysfunction: Restoring Accountability at HUD.”
Thank you very much, Mr. Chairman.
Trump and Musk are dismantling the nation’s housing agencies and raising… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Federal Housing Finance Agency (FHFA) Director William Pulte, demanding answers regarding numerous alarming actions he has taken since his confirmation, which raise serious concerns about conflicts of interest, legal violations, and harmful housing policy… Read more »
On Wednesday, Committee Republicans passed a dangerous bill that would empower President Trump, his family, and his insiders – including billionaires like Elon Musk – to continue exploiting the power of the Presidency to establish multiple crypto schemes, including a stablecoin, to enrich himself and his family. This Republican bill, misleadingly titled the “STABLE Act,”… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Government Accountability Office (GAO) Comptroller General Eugene Dodaro and U.S. Department of Housing and Urban Development (HUD) Acting Inspector General Stephen M. Begg calling for an investigation into whether HUD is violating statutory requirements to maintain at… Read more »
