Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Congressman French Hill (R-AR), the Chairman of the Committee, urging him to hold a hearing with the Securities and Exchange Commission (SEC) Chairman, Paul S. Atkins.
In the letter, Ranking Member Waters underscored the importance of fulfilling the Committee’s… Read more »
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. The bills aim to tackle the ongoing housing crisis and address banking challenges by strengthening oversight, promoting competition, and curbing excessive consolidation that leaves… 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 markup.
“Thank you, Chairman Hill.
I never thought today would come but I am so pleased that we are finally here, marking up a bipartisan housing bill at long last. While I was disappointed that the Chairman walked away from… Read more »
Text of Amicus Brief (PDF)
Today, Congresswoman Maxine Waters (D-CA), the Ranking Member of the House Financial Services Committee, and U.S. Senator Elizabeth Warren (D-MA), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, led 11 Democrats on the Senate Banking Committee and 22 Democrats on the House Financial Services Committee in filing an amicus brief… 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, “From Principles to Policy: Enabling 21st Century AI Innovation in Financial Services.”
“Thank you very much, Mr. Chairman. AI is already embedding in the lives of millions of Americans, and we have a duty to… Read more »
Yesterday, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a full Committee hearing entitled, “Building Capacity: Reducing Government Roadblocks to Housing Supply.”
“Thank you very much, Mr. Chairman. The cost of living is skyrocketing, and working-class families are struggling to pay their rent… Read more »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member on the House Financial Services Committee and U.S. Senator Elizabeth Warren (D-MA), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, sent a letter to Department of the Treasury Secretary Scott Bessent, Federal Reserve Chair Jerome Powell and US Mint Acting Director Kristie McNally, calling on the agencies… 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, “Oversight of Prudential Regulators.”
“Thank you very much, Mr. Chairman. Thank you to our witnesses for being here today.
During the Thanksgiving break, a lot of us heard the same thing from our… 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, “The Future of Deposit Insurance: Exploring the Coverage, Costs, and Depositor Confidence.”
“Thank you very much, Mr. Chairman. Good morning. Thank you to our witnesses for being here today to discuss deposit… Read more »
Negotiating with Democrats to Save Affordable Health Care
BAILING OUT FOREIGN GOVERNMENTS.
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released a fact sheet on day 17 of the Trump-Republican shutdown—which Trump and Republicans initiated because of their refusal to negotiate with Democrats to protect health care for millions… Read more »
Committee Passes Bipartisan Bills, Including Those Led by Democrats to Support Community Banks and Protect Americans Amid Sinking Economy
Committee Republicans Also Pass Dangerous Bills Giving Mega Corporations and Megabanks More Power
This week, the Committee successfully passed a slate of bipartisan bills, including those led by Committee Democrats.
✔ … Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a roundtable conversation with Former Federal Reserve Board Governor and Vice Chair, Dr. Lael Brainard, to examine threats to Fed independence in light of Trump’s attempted removal of Fed Governor Lisa Cook.
“We are here today because the… 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 markup.
“Thank you very much, Mr. Chairman.
Believe it or not, just a few short months ago, the United States economy was the strongest in the world.
Then Trump took office.
And in just 8 months, inflation has now… Read more »
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 »