Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at a full Committee hearing entitled, “A $1.5 Trillion Crisis: Protecting Student Borrowers and Holding Student Loan Servicers Accountable.”
As Prepared for Delivery
Good morning. Today this Committee convenes for a hearing to examine the student loan… Read more »
Following up on full Committee hearings in March and April where Committee Democrats asked megabank CEOs hard-hitting questions on issues including their alarming CEO-to-worker pay ratio despite making record profits in recent years, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Committee Democrats asked megabanks for more information on… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced an overview of the Committee’s fall 2019 priorities and highlighted the Committee’s efforts in the 116th Congress to work on behalf of consumers, investors, and vulnerable families.
Fall 2019 Priorities
This fall, the Committee will continue its work to ensure fairness,… Read more »
Following the announcement that Robert Cameron, former head of compliance and risk mitigation at the Pennsylvania Higher Education Assistance Agency (PHEAA/FedLoan Servicing), will serve as the Private Education Loan Ombudsman at the Consumer Financial Protection Bureau (CFPB), Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following… 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 field hearing entitled, “Examining the Homelessness Crisis in Los Angeles.”
As Prepared for Delivery
Good morning. Welcome to the Committee on Financial Services field hearing entitled, “Examining the Homelessness Crisis… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of September:
Wednesday, September 4 at 10:00 AM — The Subcommittee on Oversight and Investigations will convene a field hearing entitled, “Examining Discrimination and Other Barriers to Consumer Credit, Homeownership, and Financial… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced Committee field hearings in the month of August on housing and homelessness:
Friday, August 2 at 12:00 PM EDT – The Subcommittee on Oversight and Investigations will convene a field hearing entitled, “An Examination of the Housing Crisis in Michigan, 11 Years after the Recession,”… 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 Next Megabank? Examining the Proposed Merger of SunTrust and BB&T.”
As Prepared for Delivery
Good morning.
Today we are here for a hearing on the proposed merger between SunTrust and BB&T.… Read more »
Yesterday, at a hearing entitled, “Examining Facebook’s Proposed Cryptocurrency and Its Impact on Consumers, Investors, and the American Financial System,” Committee Democrats asked David Marcus, Chief Executive Officer of Calibra, tough questions on Facebook’s proposed cryptocurrency and digital wallet.
“Both sides of the aisle came well prepared to ask significant questions,” said… 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, “Examining Facebook’s Proposed Cryptocurrency and Its Impact on Consumers, Investors, and the American Financial System.”
As Prepared for Delivery
Today we are here for a hearing on Facebook’s proposed… Read more »
Today, the House Financial Services Committee, held a markup of eight bills to benefit consumers and investors and strengthen disaster relief funding programs.
See the Chairwoman’s opening statement here and the legislation below.
H.R. 3621, the Student Borrower Credit Improvement Act, a bill that helps private student loan borrowers remove adverse information for certain… 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 morning. Today this Committee will mark up eight bills, and I am pleased to say that several of the bills we will take up today have bipartisan support. I am also proud to say that so… Read more »
Today, the House Financial Services Committee, held a markup of ten bills to reform the broken credit reporting system, increase diversity and inclusion efforts in the financial services sector, improve the homebuying process and preserve the affordability of rural housing.
See the legislation below.
H.R. 281, the Ensuring Diverse Leadership Act of 2019, a bill that would… 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 morning. Today we will mark up a set of bills on a range of issues, including credit reporting, housing, diversity and inclusion, and investor protection.
I have long said that our… Read more »
Today, during the semiannual Humphrey-Hawkins hearing on monetary policy and the state of the economy, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, posed a question to Chairman Powell regarding what his response would be if President Trump called him and told him he was fired.
See the exchange below.
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Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee; Congresswoman Carolyn Maloney (D-NY), Chair of the Investor Protection, Entrepreneurship and Capital Markets Subcommittee; Congressman William Lacy Clay (D-MO), Chairman of the Housing, Community Development and Insurance Subcommittee; Congressman Al Green (D-TX), Chairman of the Oversight and… Read more »
Today, the House Financial Services Committee, held a markup of H.R. 1690, the Safe Housing for Families Act of 2019, legislation that protects residents of public housing from carbon monoxide poisoning.
This legislation, introduced by Rep. Chuy Garcia (D-IL), would authorize $300 million over three years to fund the installation and maintenance of carbon monoxide detectors in… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of July:
Wednesday, July 10 at 10:00 AM — The full Committee will convene a hearing entitled, “Monetary Policy and the State of the Economy.”
Wednesday, July 10 at 2:00 PM — The Subcommittee on Investor Protection,… Read more »
Today, at a full Committee hearing entitled, “Diversity in the Boardroom: Examining Proposals to Increase the Diversity of America’s Boards,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement:
As Prepared for Delivery
Today, this Committee convenes for a hearing on the lack of racial, ethnic and gender… 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 eight bills to strengthen housing protections, crack down on illicit finance activities and reform the National Flood Insurance Program.
As Prepared for Delivery
Today, this Committee convenes for a markup of eight… 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 June.
Tuesday, June 11 at 10:00 AM – The Subcommittee on Oversight and Investigations will convene a hearing entitled, “An Examination of State Efforts to Oversee the $1.5 Trillion Student Loan Servicing… Read more »
On Wednesday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congresswoman Joyce Beatty (D-OH), Chairwoman of the House Financial Services Subcommittee on Diversity and Inclusion, sent letters to 37 bank holding companies requesting their diversity and inclusion data and policies from 2015 to the present.
The letters request data on… Read more »
Today, at a full Committee hearing entitled, “Promoting American Jobs: Reauthorization of the U.S. Export-Import Bank,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement:
As Prepared for Delivery
Today this Committee convenes for a hearing to discuss the revival and long-term reauthorization of the… Read more »
This week, at a full Committee hearing with U.S. Department of Housing and Urban Development (HUD) Secretary Benjamin Carson entitled, “Housing in America: Oversight of the U.S. Department of Housing and Urban Development,” Committee Democrats asked questions about many of the Secretary’s harmful actions at HUD that he repeatedly answered inaccurately.
Read below for a list of the top… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of June:
Tuesday, June 4 at 10:00 AM – The full Committee will convene a hearing entitled, “Promoting American Jobs: Reauthorization of the U.S. Export-Import Bank.”
Tuesday, June 4 at 2:00 PM – The Subcommittee on Consumer Protection… Read more »
