Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced passage of the following bills under suspension of the rules.
H.R. 2593, the Senior Security Act is a bill offered by Representative Josh Gottheimer (D-NJ) that would establish the Senior Investor Taskforce within the SEC. The taskforce must report on topics relating to investors… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a subcommittee hearing on Financial Institutions and Monetary Policy entitled, “Uncertain Debt Management: Treasury Markets and Financial Institutions.”
Thank you very much, Chair Barr. Four months ago, I wrote to Chair McHenry… Read more »
Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced passage of the following bills under suspension of the rules:
H.R. 2796, the Promoting Opportunities for Non-Traditional Capital Formation Act is a bill offered by Ranking Member Maxine Waters (D-CA) that would require the SEC’s Office of the Advocate for Small Business Capital… Read more »
Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee and Congresswoman Ayanna Pressley (D-MA), sent a letter to the U.S. Department of Housing and Urban Development (HUD), urging the agency to put an end to the use of biometric technology, such as facial recognition, in federally assisted housing for the purposes of surveilling residents. In the… Read more »
During this week’s full Committee hearing entitled, “FHFA Oversight: Protecting Homeowners and Taxpayers,” Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, applauded the Federal Housing Finance Agency Director, Sandra Thompson for the agency’s recent move to improve mortgage pricing for loans purchased by Fannie Mae and Freddie Mac. During… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a National Security, Illicit Finance, and International Financial Institutions subcommittee hearing entitled, “ International Financial Institutions in an Era of Great Power Competition.”
Thank you, Chairman Luetkemeyer and… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement at today’s full Committee markup.
Thank you, Chairman McHenry, and good morning, all.
In about a week, the United States could default on its debt for the first time. Let’s be very clear, this is solely because the Republicans have… Read more »
Yesterday, the House passed two suspension bills from the Committee on Financial Services, breaking a months-long drought of House consideration of Committee language. By this time during the 117th Congress, under the leadership of Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee and previous Chairwoman, the Committee passed 15 suspension… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement at a full Committee hearing entitled, “FHFA Oversight: Protecting Homeowners and Taxpayers.”
Good morning, all. I’m pleased to welcome Director Sandra L. Thompson before our Committee this morning.
Earlier this month, the Federal Housing… Read more »
Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, accepted an award from the International Financial Law Review, who honored Waters’ decades-long leadership advancing regulatory reform in Congress with the “Outstanding Contribution to Regulatory Reform” award. Specifically, this award reflects accomplishments in bringing to market or shaping,… Read more »
Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to the Department of Housing and Urban Development (HUD) and the Chicago Housing Authority (CHA) expressing concern about HUD’s recent approval of a Section 18 land disposition application submitted by CHA, which will allow CHA to move forward with plans to lease vacant public… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following President Biden’s nominations to the Board of Governors of the Federal Reserve System:
“I applaud the Biden Administration for its recent nominations to the Federal Reserve Board of Governors. If confirmed, these nominees will go a long way in… Read more »
Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to First Citizens Bank following its acquisition of Silicon Valley Bank (SVB) on March 26th. In the letter, Waters urges First Citizens to ensure the continued implementation of SVB’s $11.2 billion Community Benefits Plan, which SVB agreed to in 2021 and is aimed at providing… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement at a full Committee hearing entitled, “Oversight of Prudential Regulators.”
Good morning, everyone. First, I’d like to welcome our banking and credit union regulators who are here to testify before our Committee today. On the heels of the collapse of… Read more »
Today, Congresswoman Maxine Waters (D-CA-43), the top Democrat on the House Financial Services Committee and U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Banking, Housing, and Urban Affairs Committee, led 144 current and former Members of Congress, including Democratic Leader Hakeem Jeffries (D-NY), Speaker Emerita Nancy Pelosi (D-CA) and 100 other current and former Members… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congresswoman Nydia Velázquez (D-NY), the top Democrat on the House Small Business Committee, sent a letter to the Consumer Financial Protection Bureau (CFPB) following the agency’s move to finalize small business lending rules implementing Section 1071 of the Dodd-Frank Act, a… Read more »
In a new opinion piece published this morning in the HuffPost, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, shared her thoughts on the brutal murder of Jordan Neely earlier this month. In the op-ed, Waters fiercely condemns the brutality and criminalization that people experiencing homelessness are unjustly met with and calls for… 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, “Oversight of Silicon Valley Bank and Signature Bank: GAO’s Preliminary Review.”
I thank the GAO for the preliminary review it issued at my and Chair McHenry’s request on… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a joint Financial Services and Agriculture Subcommittee hearing entitled, “The Future of Digital Assets: Measuring the Regulatory Gaps in the Digital Asset Markets.”
“Last Congress, I focused the efforts of this Committee around… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee and Senator Mark R. Warner (D-VA), sent a letter to the Environmental Protection Agency (EPA) urging them to ensure that investments through the Greenhouse Gas Reduction Fund (GGRF), a key Inflation Reduction Act program, serve to strengthen diverse-owned financial institutions dedicated… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Federal Reserve’s Federal Open Market Committee (FOMC) decision to raise interest rates by a quarter of a percentage point.
“Less than a month from a catastrophic default on our nation’s debt due to Republicans’ reckless games and two days after… Read more »
Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Chairman Patrick McHenry (R-NC) urging the Chair to act quickly to schedule a hearing with the CEOs of Silicon Valley Bank, Signature Bank and First Republic. In the letter, Ranking Member Waters highlights a series of concerns with the role that these CEOs played in the… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Federal Housing Finance Agency’s announced change to loan-level price adjustments (LLPAs).
“I applaud the Federal Housing Finance Agency (FHFA), under the leadership of Director Sandra Thompson, for updating the pricing framework of Fannie Mae and… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following news that the California Department of Financial Protection and Innovation (DFPI) seized First Republic and was sold by the Federal Deposit Insurance Corporation (FDIC) early Monday morning:
“I commend the Federal Deposit Insurance Corporation (FDIC)… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement at a Subcommittee hearing on Digital Assets, Financial Technology and Inclusion entitled, “The Future of Digital Assets: Identifying the Regulatory Gaps in Digital Asset Market Structure."
Last week, I questioned SEC’s Chair Gensler if the agency has… Read more »
