Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following statement at a full Committee hearing entitled, “Oversight of Prudential Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions.”
Good morning, everyone. I would like to welcome Vice Chair Barr, Acting Chairman… Read more »
Today, the Chairwoman of the House Financial Services Committee, Congresswoman Maxine Waters (D-CA), and the Ranking Member of the House Financial Services Committee, Congressman Patrick McHenry (R-NC), announced a bipartisan hearing into the collapse of FTX and the broader consequences for the digital asset ecosystem. In December, the Committee expects to hear from the companies and… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of November:
Tuesday, November 15 at 10 a.m. ET: The Subcommittee on Housing, Community Development, and Insurance will convene for a hybrid hearing entitled, “Persistent Poverty in America: Addressing Chronic Disinvestment in… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, joined Professor Chris Brummer, Professor at Georgetown University Law Center and founder of DC Fintech Week, at his annual DC Fintech Week to discuss financial technology and the future of finance.
Since assuming the Chair in 2019, Chairwoman Waters and the Committee have been leading the… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, convened a full committee hearing entitled, “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.” With an ongoing pandemic, rising interest rates and Russia’s invasion of Ukraine, economic conditions for families are worsening. During today’s hearing, Committee… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following statement at a full Committee hearing entitled, “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.”
Testifying before us today, we have the CEOs of the seven largest U.S. commercial banks that each serve millions of consumers.
As… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, convened a full committee hearing this week entitled, “When Banks Leave: The Impacts of De-Risking on the Caribbean and Strategies for Ensuring Financial Access.” The hearing kicked off with a historic testimony from Barbados Prime Minister, Mia Amor Mottley, on the harmful effects of de-risking… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services introduced H.R. 8833, the “Making Communities Stronger Through the Community Reinvestment Act.” This transformative piece of legislation is a part of Chairwoman Waters’ continuing efforts to root out discrimination in our modern-day banking system and close the racial wealth and… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following witnesses for the September 21, 2022, full Committee hearing entitled, “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.”
The hearing witnesses include:
Andy Cecere, Chairman, President, and Chief Executive… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hybrid hearing entitled, “When Banks Leave: The Impacts of De-Risking on the Caribbean and Strategies for Ensuring Financial Access.”
I would like to welcome the Prime Minister of Barbados, the Honorable Mia Amor Mottley, to the Financial… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of September:
POSTPONED -Thursday, September 8 at 12 p.m. ET: The Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets will convene for a virtual hearing entitled, “Accounting Standards in the 21st Century.”
… Read more »
Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed eight bills to strengthen oversight of our nation’s affordable housing and address the housing and homeless crises, put consumers in the driver’s seat to shape their financial futures and simplify bureaucratic processes to improve communities, here and around the world:
H.R. 6889, the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the status of ongoing negotiations on the bipartisan stablecoin legislation:
I want to thank the Ranking Member and his staff for working with me, my staff, Treasury, and key regulators on legislation that would better regulate stablecoins and require… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee markup.
Today, this Committee comes together for a markup of nine bills. These bills exemplify the hard work that each one of our members have dedicated to addressing urgent housing needs, protecting consumers, and taking other steps to… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on Oversight and Investigations hearing entitled, “Thoughts and Prayers Are Not Enough: How Mass Shootings Harm Communities, Local Economies, and Economic Growth.”
Thank you very much, Chairman Green. To Mayor Brown and all of the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the victories that the Committee successfully secured in the Fiscal Year 2023 National Defense Authorization Act (NDAA) — foundational legislation that supports our nation’s defense and national security. The law includes several priorities of Democratic Members of the Financial… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of July:
Wednesday, July 13 at 10 AM ET: The Subcommittee on Consumer Protection and Financial Institutions will convene for a hybrid hearing entitled, “Better Together: Examining the Unified Proposed Rule to Modernize the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hearing entitled, “Boom and Bust: Inequality, Homeownership, and the Long-Term Impacts of the Hot Housing Market.”
As we celebrate National Homeownership Month, we must recognize that homeownership is the primary driver of wealth for most… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the Committee on Financial Services, and Congressman Al Green (D-TX), Chair of the Subcommittee on Oversight and Investigations, released a Majority staff report entitled, “Game Stopped: How the Meme Stock Market Event Exposed Troubling Business Practices, Inadequate Risk Management, and the Need for Regulatory and Legislative… Read more »
Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA) passed 10 bills:
H.R. 4495, the Downpayment Toward Equity Act is a bill offered by Chairwoman Maxine Waters (D-CA) that would authorize $100 billion for a new HUD grant program to provide financial assistance to first-time, first-generation homebuyers to put towards a downpayment and other… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at the semiannual full Committee hearing entitled, “Monetary Policy and the State of the Economy.”
Welcome back, Chair Powell, and congratulations on your confirmation as Chair of the Fed. Since you last came before the Committee, Americans continue to… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee markup.
Today, this Committee will consider a number of bills to reduce housing costs, save lives, put consumers first, support small businesses and entrepreneurs, and protect whistleblowers.
As we mark homeownership… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following updates to the schedule for the month of June:
POSTPONED - Subcommittee on Consumer Protection and Financial Institutions will convene for a hybrid hearing entitled, “Better, Together: Examining the Unified Proposed Rule to Modernize the Community… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, Congressman Al Green (D-TX), Chair of the Subcommittee on Oversight and Investigations, and all Subcommittee Chairs, sent requests to the nation’s top ten U.S. banks, top five U.S. property and casualty insurance companies, and top five U.S. life insurance companies to inquire about their… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of June:
Tuesday, June 14 at 10:00 AM ET (and subsequent days if necessary): The full Committee will convene for a hybrid markup.
Wednesday, June 22 at 10:00 AM ET: The Subcommittee on Consumer Protection and… Read more »
