In 2021, Chairman Hill affirmed that members of “both parties should fight for central bank independence.”
Lawmakers urge: “That point is now. We should not sit idly by as mere observers while the President attempts to undermine the Federal Reserve’s independence with any tool he can find.”
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Committee Democrats sent a letter to Acting Inspector General of the Federal Housing Finance Agency, John Allen, requesting an investigation into the propriety of and the process behind FHFA's allegations into Fed Governor Lisa Cook.
In the letter, Ranking Member Waters and… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a full Committee hearing entitled, “Proxy Power and Proposal Abuse: Reforming Rule 14a-8 to Protect Shareholder Value.”
“Good morning. Thank you very much, Mr. Chairman.
For years, this Committee has proudly championed the values of… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Muscogee Nation Supreme Court ruling in favor of full citizenship for descendants of Freedmen formerly enslaved by the tribal nation, rejecting the Muscogee Nation attorney general’s attempt to deny their citizenship rights. Congresswoman Waters has… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following President Trump’s Executive Order making it easier for local jurisdictions to remove homeless people from the streets.
“Let me be very clear: forcibly removing people from the streets and institutionalizing them is not just cruel and inhumane, but… Read more »
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 today’s full Committee markup. The bills aim to expand access to financial services, strengthen small businesses, capital formation, and advance national security at home and abroad.
H.R. 4544, the… 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 decision to reinstate former National Credit Union Administration Board members, Todd Harper and Tanya Otsuka, ruling that President Trump’s move to remove the two Democratic appointees in April was illegal.
“I applaud the U.S.… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced that the House of Representatives passed twelve bipartisan bills under suspension of the rules. This is a procedure generally used to quickly pass bills which enjoy broad, bipartisan support. Next, these bills will await a vote in the Senate.
H.R. 1764, the “Aligning… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, personally delivered a letter to Chairman French Hill (R-AR) during a full Committee Markup, urging him to comply with the Committee’s legal obligation under the Dodd-Frank Act requiring the Consumer Financial Protection Bureau (CFPB) Director to appear before Congress for a semi-annual… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement in response to reports that the U.S. Department of Housing and Urban Development (HUD) is preparing to drop seven major investigations and cases against local and state governments across the U.S. concerning alleged discriminatory housing… Read more »
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 and thank you Mr. Chairman.
Today, we are marking up a series of bills. While I’m encouraged that many are bipartisan, I’m deeply concerned that a few proposals from my Republican colleagues… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced the introduction of H.R. 4544, the “American Access to Banking Act.” This bill is designed to promote the creation of new community banks and credit unions known as de novo depository institutions. This includes new Minority Depository Institutions, Community Development… Read more »
On the fifth and final day of Anti-Crypto Corruption Week, Ranking Member Maxine Waters and Committee Democrats are doing a deep dive into Trump’s staggering personal fortune made solely from his crypto schemes—$1.2 billion and counting, according to a Forbes investigation.
Source: Forbes
From day 1 in office, Trump has been doing everything in his power to ensure crypto… 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. 1582, the Republicans’ so-called “GENIUS Act.” This bill lacks critical provisions to maintain the longstanding separation of banking and commerce, protect consumers, preserve our national security, promote financial stability, and importantly, fails… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to blast H.R. 3633, Republicans’ so called “CLARITY Act.” The bill presents several serious risks: it exposes consumers to exploitation by bad actors in the crypto industry, undermines national security, and ignores Donald Trump’s escalating conflicts of interest… Read more »
AFL-CIO (largest labor union in U.S.): So-called CLARITY and GENIUS Acts “pose risks to both retirement funds and to the overall financial stability of the U.S. economy.”
“We need to make sure that the financial system is stable instead of creating a casino for crypto billionaires to make more profits”
For weeks, House Financial Services Ranking Member Maxine Waters has sounded… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following testimony in front of the House Rules Committee to strongly oppose three deeply flawed Republican crypto bills, including H.R. 3633, the “CALAMITY Act,” S. 1582, the “UNSTABLE Act,” and H.R. 1919, the “Anti-Innovation Act.” The three bills are scheduled for a vote… Read more »
As part of Anti-Crypto Corruption Week, House Financial Services Committee Ranking Member Maxine Waters (D-CA) authored an opinion piece for MSNBC sounding the alarm on Republican efforts to advance dangerous crypto legislation this week that risks repeating financial crises of the past. As Waters highlights in the op-ed, these bills would not only weaken critical consumer and… Read more »
Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Ranking Member of the Subcommittee on Digital Assets, Congressman Stephen Lynch (D-MA), announced that next week will be “Anti-Crypto Corruption Week” during which they will lead Democrats in opposition to Republicans’ efforts to jam through the House three dangerous pieces of crypto… Read more »
Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced that the House of Representatives passed ten bipartisan bills under suspension of the rules. This is a procedure generally used to quickly pass bills which enjoy broad, bipartisan support. Next, these bills will await a vote in the Senate.
H.R. 3422, the “Promoting… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced that she sent letters to the leadership of the House Committee on Appropriations urging appropriators to fund programs that would address our nation’s worsening housing and homelessness crises; support small, minority-owned businesses; and protect our nation’s investors and… Read more »
Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee led Committee, Democrats in a markup to stop Republicans’ dangerous crypto market structure bill, the “CALAMITY Act.” For several weeks, Congresswoman Waters has led Committee Democrats in warning both Members of Congress and the American people on the dangerous implications of this bill. For… Read more »
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, and thank you, Chairman Hill.
As we sit here, Trump has violated the sovereignty of my state of California, federalizing the National Guard and sending the Marines into Los Angeles. This is… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement during the Democratic hearing exploring Trump’s crypto crimes and the implications of the Republican-led crypto market structure bill. This hearing follows a request from the entire Committee Democratic caucus urging a Minority Day hearing to properly explore… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, led all of the Democratic members on the Committee in requesting a follow-up hearing to today’s session exploring the Republican-led crypto market structure bill.
This follow-up hearing, known as a “Minority Day Hearing,” would feature a second panel of witnesses, selected by… Read more »
