Skip to Content

Full Committee

ICYMI: Ranking Member Maxine Waters Honored with the National Low-Income Housing Coalition’s 2024 Policy Champion Award

| Posted in Press Releases

This week, the National Low-Income Housing Coalition (NLIHC), honored Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, with the 2024 Policy Champion Award during their 50th anniversary celebration. During the celebration, NLIHC acknowledged Congresswoman Waters’ unwavering work and dedication in Congress to advance equity, justice, and…

Maxine Waters, Ranking Member, Delivers Opening Statement During Full Committee Hearing: “Committee Democrats are Fighting Back…to Strengthen the Safety and Soundness of the Banking System, Protect Depositors, and Prevent Future Financial Crises.”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a full Committee hearing entitled, “Importing Global Governance: Examining the Dangers of Ceding Authority Over American Financial Regulation.” Thank you very much Mr. Chairman. Good morning. Last week, we marked the one-year…

Maxine Waters, Ranking Member, Delivers Opening Statement During Full Committee Hearing with Fed Chair Powell: “As House Republicans Continue to Disappoint, Committee Democrats are Offering Evidenced-Based Solutions to Keep a Fair and Affordable Housing Agenda as the Top Priority in Congress.”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a full Committee hearing entitled, “The Federal Reserve’s Semi-Annual Monetary Policy Report.” Thank you very much Mr. Chairman. Good morning, everyone. Welcome back Chair Powell. While I am pleased by the progress the Fed and the Biden…

Maxine Waters, Ranking Member, Delivers Opening Statement During Full Committee Markup: “Republicans Are Proposing Bills That Prove They Are All Talk When It Comes to Combatting Our Nation’s Worsening Affordable Housing and Homelessness Crisis.”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a full Committee markup. Thank you very much, Mr. Chairman. Good morning. Today, this Committee is marking up five bills, including my bill, as you just mentioned the “Wildfire Insurance Coverage Study Act.” Climate change is making…

Maxine Waters, Ranking Member, Opposes Capital One’s Proposed Purchase of Discover

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following news that Capital One Financial Corporation is proposing to purchase Discover Financial Services for $35 billion. “I am deeply opposed to Capital One’s announced acquisition of Discover. This merger, which involves two of the country’s largest banks…

ICYMI: Ranking Member Maxine Waters, Committee Democrats Commit to “Finish the Job” on Addressing Urgent Affordable Housing and Homelessness Crisis During 2024 Democratic Issues Conference

| Posted in Press Releases

During last week’s 2024 Democratic Issues Conference, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, hosted a breakout session entitled, “Housing for All: Tackling the Affordable Housing and Homelessness Crisis.” The breakout session included Congressman Emanuel Cleaver (D-MO), the Ranking Member on the Subcommittee on Housing and…

Waters to Yellen: “Wall Street Is Peddling Lies About What Needed Capital Reforms Will Do”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a full committee hearing entitled, “The Annual Report of the Financial Stability Oversight Council.” (U.S. Secretary of the Treasury Janet Yellen and House Financial Services Committee Ranking Member Maxine Waters) Treasury…

Ranking Member Maxine Waters, Subcommittee Ranking Members Urge Chair McHenry to Hold Hearing on Racial Disparities in Mortgage Approvals at Navy Federal Credit Union

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and the Committee’s Subcommittee Ranking Members sent a letter to Congressman Patrick McHenry (R-NC), Chair of the Committee, calling for an immediate hearing to address significant racial disparities in mortgage approval rates at Navy Federal Credit Union (NFCU), the largest credit…

Maxine Waters, Ranking Member, Delivers Opening Statement During Full Committee Hearing with Department of Housing: “HUD has Helped House and Provide Services to Over 2.6 million People Experiencing or At-Risk of Homelessness.”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a full Committee hearing entitled, “Oversight of the Department of Housing and Urban Development & the Federal Housing.” Good morning, Madam Secretary. It is indeed my honor to welcome you before the Committee today. On behalf of…

Ranking Member Waters Delivers Opening Statement During Full Committee Hearing with Consumer Financial Protection Bureau: “Committee Democrats Urge Our Nation’s Justices to Stand with The 82% of Americans, Including 77% of Republicans Who Want the Agency to Continue Doing its Job.”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a full Committee hearing entitled, “The Semi-Annual Report of the Bureau of Consumer Financial Protection.” Good morning. I’d like to welcome Director Rohit Chopra back to our Committee and applaud the excellent work the CFPB has done…

Ranking Member Waters Delivers Opening Statement During Full Committee Hearing with Prudential Regulators: “After the Failures of Silicon Valley Bank, Signature Bank, and First Republic…It Was Our Nation’s Regulators and President Biden’s Treasury Department That Protected Our Nation’s Economy.”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a full Committee hearing entitled, “Oversight of Prudential Regulators.” Good morning and thank you Mr. Chairman for holding this hearing, continuing the tradition that Democrats started in holding semi-annual hearings to provide…

Ranking Member Waters Announces Passage of Bipartisan Legislation to Protect U.S. National Security During Full Committee Markup

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced the following Democratic-led and bipartisan bills that passed during this week’s full committee markup. Next, these bills will await passage on the House floor. H.R. 6365, the “Stopping Illicit Oil Shipments Act of 2023” led by Ranking Member Maxine Waters (D-CA). This…

Ranking Member Waters Delivers Opening Statement During Full Committee Markup: “There Is a Strong, Bipartisan Desire to Send a Clear Signal That Terrorism, From Iran’s Support of Hamas and Hezbollah to Russia’s Illegal Invasion of Ukraine Will Not Be Tolerated.”

| Posted in Press Releases

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. On October 7th, Hamas launched a deadly attack against the people of Israel, resulting in the death of more than 1,400 Israelis, as well as over 30 Americans. I again condemn Hamas for this…

Ranking Member Waters Delivers Opening Statement During Full Committee Hearing on SEC: “I Hope… The American Public Will Understand That This Extreme MAGA Republican Shutdown Is the Biggest Threat to Our Nation’s Investors, Small Businesses, And Working Families”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a full Committee hearing entitled, “Oversight of the Securities and Exchange Commission.” Good morning. The Chairman just indicated that his patience is running thin, mine is thinner with the opposite side of the aisle and extreme MAGA…

Ranking Member Waters Announces Passage of Bipartisan Legislation During Full Committee Markup

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced the following Democratic-led and bipartisan bills that passed during this week’s full Committee markup. H.R. 5523, the “Financial Access Improvements Act” led by Ranking Member Maxine Waters (D-CA). This bill would add optional components to the State Department’s…

Ranking Member Waters Delivers Opening Statement at Full Committee Markup: “…I Have a Question for the Speaker and MAGA Republicans: ‘When Are You Going to Stop Turning Your Back on Democracy, Both at Home And abroad?’”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a full Committee markup. When I was Chairwoman of this Committee last Congress, this Committee came together after Russia’s unprovoked invasion of Ukraine, to craft bipartisan legislation aimed at protecting Ukraine and holding Russia…

Ranking Member Waters Delivers Opening Statement at Full Committee CFIUS Hearing: “…[We Are] Weeks Away From An Extreme MAGA Republican Shutdown That Will Pose Grave Harm To Our Nation’s Security…”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a full Committee hearing entitled, “Oversight of the Committee on Foreign Investment in the United States (CFIUS) and Other Efforts to Strengthen National Security in the United States.” Good morning. My Democratic colleagues and I have…

Ranking Member Waters’ Statement on One-Year Anniversary of Inflation Reduction Act and the Need to Combat Housing Inflation

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement on the week of the one-year anniversary of the Inflation Reduction Act. “A year ago this week, Democrats successfully passed the Inflation Reduction Act (IRA) into law. After just one year, we’ve seen the tremendous impact this landmark legislation has had on…

Ranking Member Waters’ Statement Following the Biden Administration’s Executive Order on Outbound Investments

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the release of the Biden Administration’s Executive Order and Advanced Notice for Proposed Rulemaking regarding Outbound Investments. “I welcome the Biden Administration’s latest actions to restrict outbound investments to China, but more needs to be…

Ranking Member Waters' Statement Following Fitch Ratings Downgrade of U.S. Credit Rating

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following Fitch Ratings’ decision to downgrade the United States’ long-term foreign currency issuer default rating to AA+ from AAA. “Let’s be clear: the radical and unjustifiable actions of extreme MAGA Republicans are creating the excuses for market…

Ranking Member Waters Delivers Opening Statement at Full Committee Markup: “I Urge Republicans to Pull These Extremist Pieces of Legislation from the Markup, End Your Culture Wars and Stop Undermining America”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a full Committee markup considering a package of anti-investor ESG bills, along with a rushed and problematic stablecoins bill. Thank you, Chairman McHenry. Good morning. Today, this Committee is being forced by the extreme MAGA wing of…

Ranking Member Waters Delivers Opening Statement at Full Committee Markup

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a full Committee markup. Good morning. Today, this Committee is marking up six bills, including four bills that Committee Democrats and Republicans have crafted together to defend our national security. My bill, the “No Russian Agriculture…

Ranking Member Waters, Representative Nunn Introduce Critical Legislation to Support Ukraine, Reduce Reliance on Russia for Agricultural Commodities

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congressman Zach Nunn (R-IA), announced the introduction of bipartisan legislation entitled, “No Russian Agriculture Act.” Over the last 17 months, Russia’s unprovoked, criminal war against Ukraine, led by Russian President Vladimir Putin, his military, and his mercenaries, has posed…

Ranking Member Waters: “Anti-Woke” Means Ripping Freedoms, Rights, and Opportunities from Women, People of Color, and Members of the LGBTQ Community

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Serviced Committee, delivered the following opening statement at a full Committee hearing entitled, “Protecting Investor Interests: Examining Environmental and Social Policy in Financial Regulation.” Good morning. Today’s hearing marks the beginning of a month-long Republican offensive to feed the daily…

Ranking Member Waters Blasts GOP “MAGA Housing Scam Act” on House Floor

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor in opposition of H.R. 3564, a Republican bill that would hurt homeownership for middle-class families, and urged her colleagues to vote “no.” I rise in strong opposition to H.R. 3564, the “MAGA Housing Scam Act,” which follows the blueprint of the GOP Tax Scam…

Back to top