Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, delivered the following opening statement at a full Committee markup to make housing more affordable and available, fight housing discrimination, and increase transparency and disclosures in the nation’s capital markets.
As Prepared for Delivery
In 2019, the Committee had a very… Read more »
In February 2019, under the leadership of Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, the Committee began an investigation into Wells Fargo’s compliance with five regulatory orders issued in response to the company’s widespread consumer abuses.
In March 2020, the Committee will announce the results of that investigation and hold three… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several hearings for the month of March:
March 4 at 10:00 AM – The Subcommittee on National Security, International Development, and Monetary Policy will convene for a hearing entitled, “The Traffickers’ Roadmap: How Bad Actors Exploit Financial Systems to Facilitate the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced an updated Committee schedule to conform with a recent change to the House calendar on February 26.
February 26 at 2:00 PM – The full Committee will convene for a markup.
February 27 at 10:00 AM – The full Committee will convene for a continuation of the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced an updated Committee schedule for the remainder of the month of February:
February 11 at 10:00 AM – The full Committee will convene for a hearing entitled, “Monetary Policy and the State of the Economy."
February 12 at 10:00 AM – The Subcommittee on… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following opening statement during a full Committee hearing entitled, “Protecting Consumers or Allowing Consumer Abuse? A Semi-Annual Review of the Consumer Financial Protection Bureau.”
As Prepared for Delivery
Today, we welcome back Consumer Financial Protection Bureau… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following opening statement during a full Committee hearing entitled, “Rent-A-Bank Schemes and New Debt Traps: Assessing Efforts to Evade State Consumer Protections and Interest Rate Caps.”
As Prepared for Delivery
In November of last year, the Federal Deposit Insurance… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following opening statement at a full Committee hearing entitled, “The Community Reinvestment Act: Is the OCC Undermining the Law’s Purpose and Intent?”
As Prepared for Delivery
Today this Committee convenes for a hearing to conduct oversight of the Office of the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several hearings for the month of February:
February 5 at 10:00 AM – The full Committee will convene for a hearing entitled, “Rent-A-Bank Schemes and New Debt Traps: Assessing Efforts to Evade State Consumer Protections and Interest Rate Caps.”
February 5… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several updates to the Committee schedule:
January 14 at 10:00 AM – The full Committee will convene for a hearing entitled, “On the Brink of Homelessness: How the Affordable Housing Crisis and the Gentrification of America Is Leaving Families Vulnerable.”
… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of January:
January 14 at 10:00 AM – The full Committee will convene for a hearing entitled, “On the Brink of Homelessness: How the Affordable Housing Crisis and the Gentrification of America Is Leaving Families Vulnerable.”
… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a compilation of the Committee’s successes in the first session of the 116th Congress, with a focus on the Committee’s longstanding commitment to creating opportunities, ensuring fairness, and protecting the economic well-being of all Americans.
“During the 116th Congress, my… Read more »
Yesterday, the House Financial Services Committee passed eight bills to protect student borrowers, enhance consumer credit reporting, ensure that regulators are working to preserve and promote Minority Depository Institutions (MDIs), and improve cybersecurity.
The bills passed by the Committee included.
Protecting Your Credit Score Act of 2019 (H.R. 5332), a bipartisan… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at a full Committee markup to protect student loan borrowers, improve our broken credit reporting system, preserve and promote Minority Depository Institutions and strengthen our nation’s cybersecurity
As Prepared for Delivery
Today the Committee will… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at a full Committee hearing entitled, “Oversight of Prudential Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions?”
As Prepared for Delivery
Good morning. Today we are here to conduct oversight of… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced the following updates to the Committee schedule for the month of December:
December 4 at 10:00 AM – The full Committee will convene for a hearing entitled, “Oversight of Prudential Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository… Read more »
Today, the U.S. House of Representatives passed H.R. 5084, the Improving Corporate Governance Through Diversity Act of 2019, a bill that requires public companies to annually disclose the voluntarily, self-identified gender, race, ethnicity, and veteran status of their board of directors, nominees, and senior executive officers.
This bill was introduced by Congressman Gregory Meeks… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at a full Committee markup of bills to help veterans experiencing homelessness, protect servicemembers from harassment by debt collectors, and crack down on predatory debt collection practices to help consumers and small businesses
As Prepared for… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of November:
November 13 at 10:00 AM: The Subcommittee on National Security, International Development, and Monetary Policy will convene for a hearing entitled, “How America Leads Abroad: An Examination of Multilateral Development… Read more »
Today, the House Financial Services Committee passed four bills to hold regulators accountable and reauthorize the Terrorism Risk Insurance Program and the Export-Import Bank.
See the Chairwoman’s opening statement here and the legislation below.
The United States Export Finance Agency Act (H.R. 4863), a bill by Representative Maxine Waters (D-CA), Chairwoman of the House… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following opening statement at a full committee markup:
As Prepared for Delivery
Good afternoon. At today’s markup we will consider four bills, as well as approving subcommittee assignments for Republican members. At the beginning of this Congress, I made clear that I… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at a full Committee hearing with Mark Zuckerberg, Chairman and CEO of Facebook, entitled, “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors.”
As Prepared for Delivery
Today we are here to examine the impact of… Read more »
Today, the U.S. House of Representatives passed H.R. 2513, The Corporate Transparency Act of 2019, bipartisan legislation introduced by Congresswoman Carolyn Maloney (D-NY), Chair of the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, and Congressman Peter King (R-NY). It was passed by a vote of 249-173.
H.R. 2513 would close significant loopholes that are… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following statement at a full Committee hearing entitled, “The End of Affordable Housing? A Review of the Trump Administration’s Plans to Change Housing Finance in America.”
As Prepared for Delivery
Today we are here to discuss the impact of the Trump Administration’s housing… Read more »
Today, at a hearing entitled “Who Is Standing Up for Consumers? A Semi-Annual Review of the Consumer Financial Protection Bureau,” Congresswoman Maxine Waters (D-CA), Chairwoman of the Committee on Financial Services, gave the following opening statement:
Good morning. Today, we are here to receive the semi-annual report of the Consumer Financial Protection Bureau and hear testimony… Read more »