Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following opening statement at today’s hearing, “Monetary Policy and the State of the Economy.”
Chair Powell, the law that required the Federal Reserve Chair to testify before Congress twice each year was established in 1978. However, no Fed Chair has ever testified before this… Read more »
Today, the U.S. House of Representatives will vote on the Heroes Act, legislation to respond to the COVID-19 pandemic crisis.
The Heroes Act includes numerous provisions proposed by Members of the Financial Services Committee.
See here for a one-pager on the Financial Services Committee provisions in the Heroes Act.
See here for one-pagers on how the Heroes Act:
Supports… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement following oral arguments before the U.S. Supreme Court regarding Trump v. Deutsche Bank AG, on whether Congress has the authority to subpoena the President’s financial records.
“I am pleased that the Court has taken the historic step of convening virtually… Read more »
Lawmakers may not be on Capitol Hill due to the COVID-19 pandemic, but Financial Services Committee Democratic Members are working around the clock to protect families, small businesses, and the economy.
To date, Committee Democrats have sent more than 148 letters, introduced 50 legislative measures, and hosted over 61 stakeholder discussions to examine and address the impact of… Read more »
In March, Committee Democrats led by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321), legislation to provide a comprehensive stimulus and public policy response to the coronavirus pandemic.
This… Read more »
In March, Committee Democrats led by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321), legislation to provide a comprehensive stimulus and public policy response to the coronavirus pandemic.
This… Read more »
On Monday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee; Congressman Gregory Meeks (D-NY), Chair of the Subcommittee on Consumer Protection and Financial Institutions; Congressman Wm. Lacy Clay (D-MO), Chair of the Subcommittee on Housing, Community Development, and Insurance; and Congressman Al Green (D-TX), Chair of the Subcommittee on… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Treasury Secretary Steven Mnuchin and Small Business Administrator Jovita Carranza, calling attention to the irreparable harm predatory payday lenders have caused America’s consumers and urging Administration officials to deny them access to Paycheck Protection Program (PPP)… Read more »
In March, Committee Democrats led by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321), legislation to provide a comprehensive stimulus and public policy response to the coronavirus pandemic.
This… Read more »
On Wednesday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Securities and Exchange Commission Chairman Jay Clayton and Treasury Secretary Steven Mnuchin, urging them to uphold safeguards put in place to protect non-traditional workers—such as contractors, freelancers, and those in the gig economy— during the Coronavirus… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Steven Mnuchin, Secretary of the U.S. Department of the Treasury, and Jovita Carranza, Administrator of the U.S. Small Business Administration (SBA), urging them to ensure all financial institutions, including community banks, credit unions, minority depository institutions,… Read more »
Following the passage of H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Steven Mnuchin, Secretary of the U.S. Department of the Treasury, urging him to ensure the law benefits workers, families, and the rest of the American people it was intended to… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement regarding President Trump’s signing statement on the Coronavirus Aid, Relief and Economic Security Act (CARES Act).
“This President’s signing statement on the CARES Act is outrageous and unacceptable. It is a brazen attempt to subvert the oversight measures… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released an extended statement for the record on H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The statement provides guidance to the Trump Administration on congressional intent behind the law, and serves to fill out the congressional record in the absence… Read more »
As the nation endures the impact of the COVID-19 pandemic, Committee Democrats led by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, have released the Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321), legislation to provide a comprehensive stimulus and public policy… Read more »
As the nation endures the impact of the COVID-19 pandemic, Committee Democrats led by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, have released the Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321), legislation to provide a comprehensive stimulus and public policy… Read more »
As the nation endures the impact of the COVID-19 pandemic, Committee Democrats led by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, have released the Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321), legislation to provide a comprehensive stimulus and public policy… Read more »
As the nation endures the impact of the COVID-19 pandemic, Committee Democrats led by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, have released the Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321), legislation to provide a comprehensive stimulus and public policy… Read more »
As the nation endures the impact of the COVID-19 pandemic, Committee Democrats led by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, have released the Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321), legislation to provide a comprehensive stimulus and public policy… Read more »
As the nation endures the impact of the COVID-19 pandemic, Committee Democrats led by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, have released the Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321), legislation to provide a comprehensive stimulus and public policy… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, led Committee Democrats in releasing the Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321), legislation to provide a comprehensive stimulus and public policy response to the coronavirus pandemic.
“The House… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, issued a statement following Representative Ben McAdams’ (D-UT) announcement that he has been diagnosed with COVID-19:
“I and my colleagues are all wishing Representative McAdams a speedy recovery and good health.
“As a new Member of the Financial Services Committee this Congress,… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, delivered the following opening statement at a full Committee hearing entitled, “Holding Wells Fargo Accountable: Examining the Role of the Board of Directors in the Bank’s Egregious Pattern of Consumer Abuses.”
As Prepared for Delivery
Today, we receive testimony from Elizabeth Duke and… Read more »
Following the release of a Majority staff report entitled, “The Real Wells Fargo: Board & Management Failures, Consumer Abuses, and Ineffective Regulatory Oversight,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, convened a full Committee hearing with Charles W. Scharf, Chief Executive Officer (CEO) and President of Wells Fargo &… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, Congressman Patrick McHenry (R-NC), Ranking Member of the House Financial Services Committee, Congressman Emanuel Cleaver (D-MO), Chairman of the Subcommittee on National Security, International Development and Monetary Policy, and Congressman French Hill (R-AR), Ranking Member of the… Read more »
