Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a full Committee hearing entitled, “Oversight of the Committee on Foreign Investment in the United States (CFIUS) and Other Efforts to Strengthen National Security in the United States.”
Good morning. My Democratic colleagues and I have… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement on the week of the one-year anniversary of the Inflation Reduction Act.
“A year ago this week, Democrats successfully passed the Inflation Reduction Act (IRA) into law. After just one year, we’ve seen the tremendous impact this landmark legislation has had on… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the release of the Biden Administration’s Executive Order and Advanced Notice for Proposed Rulemaking regarding Outbound Investments.
“I welcome the Biden Administration’s latest actions to restrict outbound investments to China, but more needs to be… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following Fitch Ratings’ decision to downgrade the United States’ long-term foreign currency issuer default rating to AA+ from AAA.
“Let’s be clear: the radical and unjustifiable actions of extreme MAGA Republicans are creating the excuses for market… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a full Committee markup considering a package of anti-investor ESG bills, along with a rushed and problematic stablecoins bill.
Thank you, Chairman McHenry.
Good morning. Today, this Committee is being forced by the extreme MAGA wing of… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a full Committee markup.
Good morning. Today, this Committee is marking up six bills, including four bills that Committee Democrats and Republicans have crafted together to defend our national security. My bill, the “No Russian Agriculture… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congressman Zach Nunn (R-IA), announced the introduction of bipartisan legislation entitled, “No Russian Agriculture Act.” Over the last 17 months, Russia’s unprovoked, criminal war against Ukraine, led by Russian President Vladimir Putin, his military, and his mercenaries, has posed… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Serviced Committee, delivered the following opening statement at a full Committee hearing entitled, “Protecting Investor Interests: Examining Environmental and Social Policy in Financial Regulation.”
Good morning. Today’s hearing marks the beginning of a month-long Republican offensive to feed the daily… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor in opposition of H.R. 3564, a Republican bill that would hurt homeownership for middle-class families, and urged her colleagues to vote “no.”
I rise in strong opposition to H.R. 3564, the “MAGA Housing Scam Act,” which follows the blueprint of the GOP Tax Scam… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a full Committee hearing entitled, “The Federal Reserve’s Semi-Annual Monetary Policy Report.”
Chairman Powell, welcome back.
First, I’d like to start by acknowledging that the Federal Reserve made the right decision to pause interest… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced the introduction of a first wave of Committee Democratic bills to respond to the recent failures of Silicon Valley Bank (SVB), Signature Bank, and First Republic Bank, which were the 2nd, 3rd, and 4th largest bank failures in U.S. history. This first wave includes legislation… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Congressman Patrick McHenry (R-NC), Chair of the Committee, urging McHenry to immediately convene a hearing to explore the implications of generative Artificial Intelligence (AI) on housing and financial services. In the letter, Ranking Member Waters sounds the alarm on… 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 hearing entitled, “The Semi-Annual Report of the Bureau of Consumer Financial Protection.”
Remarks as prepared for delivery:
Good morning, and welcome Director Chopra.
I am so pleased that we’re here this… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a full Committee hearing entitled, “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem.”
Good afternoon. Last week, Republicans posted a bill that would rewrite our nation’s securities and commodities laws.… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a full Committee hearing entitled, “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System.”
Good morning. I’d like to welcome Secretary Yellen before our Committee today.
I want to… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement at a full Committee hearing entitled, “FHFA Oversight: Protecting Homeowners and Taxpayers.”
Good morning, all. I’m pleased to welcome Director Sandra L. Thompson before our Committee this morning.
Earlier this month, the Federal Housing… Read more »
Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to First Citizens Bank following its acquisition of Silicon Valley Bank (SVB) on March 26th. In the letter, Waters urges First Citizens to ensure the continued implementation of SVB’s $11.2 billion Community Benefits Plan, which SVB agreed to in 2021 and is aimed at providing… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement at a full Committee hearing entitled, “Oversight of Prudential Regulators.”
Good morning, everyone. First, I’d like to welcome our banking and credit union regulators who are here to testify before our Committee today. On the heels of the collapse of… Read more »
Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Chairman Patrick McHenry (R-NC) urging the Chair to act quickly to schedule a hearing with the CEOs of Silicon Valley Bank, Signature Bank and First Republic. In the letter, Ranking Member Waters highlights a series of concerns with the role that these CEOs played in the… 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.
Last month our nation’s economy was rocked by two of the largest bank failures in U.S. history – Silicon Valley Bank and Signature Bank. These failures harmed small businesses everywhere. But we are not here… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced the following Democratic Committee members selected to be Vice Ranking Members for the 118th Congress:
Congresswoman Sylvia Garcia, Texas – Vice Ranking Member of the Full Committee
Congressman Sean Casten, Illinois – Vice Ranking Member of the… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement at a full Committee hearing entitled, “Oversight of the Securities and Exchange Commission.”
As prepared for delivery
Good morning and welcome, Chair Gensler.
Right now, our financial system is still recovering from the sudden collapse of… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement at a full Committee hearing entitled, “The Federal Regulators' Response to Recent Bank Failures.”
Good morning. I’d like to thank Chairman McHenry for working with me in a bipartisan way on investigating the failures of Silicon Valley Bank and… Read more »
Today, the Ranking Member of the House Financial Services Committee, Maxine Waters (CA-43), and the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced a bipartisan hearing with federal financial regulators in response to the failures of Silicon Valley Bank (SVB) and Signature Bank to be held at 10:00 AM ET on March 29, 2023. This will be the first of… Read more »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, and Senator Sherrod Brown (D-OH), Chair of the Senate Committee on Banking, Housing, and Urban Affairs, released the following statement after the Federal Reserve, Treasury Department and the Federal Deposit Insurance Corporation (FDIC), announced new actions regarding Silicon… Read more »
