Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following news that Capital One Financial Corporation is proposing to purchase Discover Financial Services for $35 billion.
“I am deeply opposed to Capital One’s announced acquisition of Discover. This merger, which involves two of the country’s largest banks… Read more »
During last week’s 2024 Democratic Issues Conference, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, hosted a breakout session entitled, “Housing for All: Tackling the Affordable Housing and Homelessness Crisis.” The breakout session included Congressman Emanuel Cleaver (D-MO), the Ranking Member on the Subcommittee on Housing and… 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 Annual Report of the Financial Stability Oversight Council.”
(U.S. Secretary of the Treasury Janet Yellen and House Financial Services Committee Ranking Member Maxine Waters)
Treasury… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and the Committee’s Subcommittee Ranking Members sent a letter to Congressman Patrick McHenry (R-NC), Chair of the Committee, calling for an immediate hearing to address significant racial disparities in mortgage approval rates at Navy Federal Credit Union (NFCU), the largest credit… 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, “Oversight of the Department of Housing and Urban Development & the Federal Housing.”
Good morning, Madam Secretary. It is indeed my honor to welcome you before the Committee today. On behalf of… 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.”
Good morning. I’d like to welcome Director Rohit Chopra back to our Committee and applaud the excellent work the CFPB has done… 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, “Oversight of Prudential Regulators.”
Good morning and thank you Mr. Chairman for holding this hearing, continuing the tradition that Democrats started in holding semi-annual hearings to provide… Read more »
Today, 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. Next, these bills will await passage on the House floor.
H.R. 6365, the “Stopping Illicit Oil Shipments Act of 2023” led by Ranking Member Maxine Waters (D-CA). This… 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.
Good morning. On October 7th, Hamas launched a deadly attack against the people of Israel, resulting in the death of more than 1,400 Israelis, as well as over 30 Americans. I again condemn Hamas for 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, “Oversight of the Securities and Exchange Commission.”
Good morning. The Chairman just indicated that his patience is running thin, mine is thinner with the opposite side of the aisle and extreme MAGA… Read more »
Today, 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.
H.R. 5523, the “Financial Access Improvements Act” led by Ranking Member Maxine Waters (D-CA). This bill would add optional components to the State Department’s… 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.
When I was Chairwoman of this Committee last Congress, this Committee came together after Russia’s unprovoked invasion of Ukraine, to craft bipartisan legislation aimed at protecting Ukraine and holding Russia… 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, “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 »
