This week, the House passed the “Housing for the 21st Century Act,” a landmark bipartisan legislation aimed at addressing the housing crisis impacting communities across the country. Led by Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, alongside Chairman French Hill (R-AR), Housing and Insurance Subcommittee Ranking Member Emanuel Cleaver,… 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 the Securities and Exchange Commission.”
“Thank you very much,
Mr. Chairman. You and I have a very different understanding about what is happening at the SEC. Chairman Atkins said it is ‘a new… Read more »
This week, Congresswoman Maxine Waters (D-CA), the Ranking Member on the House Financial Services Committee, and U.S. Senator Elizabeth Warren (D-MA), the Ranking Member on the Senate Banking Committee, led 184 current and former Members of Congress in filing their fifth amicus brief in support of the Consumer Financial Protection Bureau, as the full U.S. Court of Appeals for the District… Read more »
Read the Full Report
This week, the Government Accountability Office (GAO) released its initial report on the Consumer Financial Protection Bureau’s (CFPB) “Status of Reorganization Efforts” in response to a request from Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, Congressman Bill Foster (D-IL), Ranking Member of the Subcommittee on… 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, “Priced Out of the American Dream: Understanding the Policies Behind Rising Costs of Housing and Borrowing.”
“$1.4 BILLION DOLLARS. That’s how much the Trump family has pocketed since Trump returned to the… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement after the U.S. House of Representatives passed H.R. 6644, the “Housing for the 21st Century Act.” This bipartisan bill represents a critical first step toward solving the affordable housing crisis by expanding local development opportunities 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, “The Annual Report of the Financial Stability Oversight Council.”
“Last week, Donald Trump marked his first year in office with consumer confidence plummeting to a twelve-year low. That is not a… 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.
Yesterday, I was joined by Committee Democrats at the Supreme Court to stand up for the rule of law and defend the independence of our nation’s Central Bank, as Donald Trump and his crooked… 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 the Department of Housing and Urban Development and the Federal Housing Administration.”
“Mr. Chairman, after countless calls for hearings, warnings, and questions from Committee Democrats, I am… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement in response to reports that the Department of Justice served the Federal Reserve with grand jury subpoenas threatening criminal charges against Chair Jerome Powell related to his testimony before the Senate Banking Committee last June.
“The Trump… Read more »
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 »
