Rep. Maxine Waters (D-Calif.) used a Wednesday hearing to blast GOP leaders for opposing reauthorization of the Export-Import (Ex-Im) Bank. Waters argued Financial Services Committee Chairman Jeb Hensarling (R-Texas) has made killing the bank his top priority and questioned whether the hearing would be fair. “Let’s be serious, this hearing is not going to be a forthright… Read more »

At today’s full committee hearing to discuss the Financial Stability Oversight Council (FSOC) with Treasury Secretary Jack Lew, Congresswoman Maxine Waters (D-CA) highlighted the important work of the Council in identifying systemic risk and protecting American homeowners, consumers, and the economy. Specifically, the Ranking Member of the Committee on Financial Services… Read more »

In response to statements made by Rep. Kevin McCarthy regarding his newfound opposition to the Export-Import Bank, a critical lifeline for countless American businesses, Congresswoman Maxine Waters (D-CA), Ranking Member of the Financial Services Committee, blasted the newly-elected leader’s reversal of position on the Bank’s future. The comments come just one day before the… Read more »

A senior House Democrat on Tuesday blasted a decision by a top GOP leader to oppose the reauthorization of the Export-Import Bank. Rep. Maxine Waters (D-Calif.), ranking member of the House Financial Services Committee, criticized incoming Majority Leader Kevin McCarthy (R-Calif.) for changing his mind about supporting the bank after backing it in the past. "Just days after being… Read more »

House Democrats will launch a campaign Tuesday to re-authorize the Export-Import Bank even as incoming Majority Leader Kevin McCarthy is discounting the measure’s chance of success. Authorization for the bank, which provides federal loans intended to boost U.S. exports, expires at the end of September. But Republicans aren’t rushing to re-up the charter, saying the bank is ill equipped… Read more »

In today’s full Committee markup, Congresswoman Maxine Waters, Ranking Member of the Financial Services Committee, blasted Republicans for continuing to waste the Committee’s time and resources on measures that weaken important consumer protections, undo transparency and accountability measures for Wall Street’s biggest actors and carve out major exceptions for large public… Read more »

Today, Congresswoman Maxine Waters, Ranking Member of the Financial Services Committee, reiterated her strong support for the Export-Import Bank and the quick renewal of its charter. Waters’ comments come in reaction to remarks made by Committee Chairman Jeb Hensarling during a speech today at the conservative Heritage Foundation, in which he once again expressed his longstanding… Read more »

At today’s press conference to discuss, among other issues, the need for action to reauthorize the Export-Import Bank, Congresswoman Maxine Waters (D-CA), Ranking Member of the Financial Services Committee, underscored the importance of a quick renewal of the Bank’s charter to create and sustain American jobs.   At the press conference, Waters and Financial Services Committee member… Read more »

At today’s Financial Services Committee hearing with regulatory officials to discuss “government red tape,” Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, applauded regulators for putting the financial system on more stable footing after the worst economic crisis in a generation, and criticized the majority for continuing to push an… Read more »

Urges speedy reauthorization of Bank’s charter At a Panel Discussion sponsored today by Congresswoman Maxine Waters (D-CA) on the importance of the Export-Import Bank, the Congresswoman underscored the importance of a quick reauthorization of the Bank’s charter to create and sustain American jobs.   The event featured the perspectives of a diverse array of business owners, large and… Read more »

On Tuesday, April 8, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, will host a panel discussion on the importance to U.S. workers and economic growth of a timely reauthorization of the Export-Import Bank. Since the announcement of the panel, Committee Republicans have incorrectly asserted that a hearing on this year’s Ex-Im reauthorization… Read more »

In today’s Financial Services Committee hearing on “Why Debt Matters,” Ranking Member Maxine Waters (D-CA), underscored the importance of promoting growth and reducing income inequality through short-term increases in discretionary fiscal stimulus in order to reduce the nation’s debt and deficit.  In her remarks, Waters criticized austerity measures such as the Sequester for… Read more »

Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, today gave the following opening statement at today’s full committee markup of five bills intended to promote economic growth and the majority’s Budget Views and Estimates for fiscal year 2015. Her remarks are below.  )  As prepared for delivery: Thank you Mr. Chairman. Promoting… Read more »

House Democrats on the Financial Services Committee are calling for panel leaders to hold a hearing on the reauthorization of the Export-Import Bank, which they argue bolsters job and economic growth. In a letter to Committee Chairman Jeb Hensarling (R-Texas) and subcommittee Chairman John Campbell (R-Calif.), 26 Democratic lawmakers said the bank is a self-sustaining agency that has… Read more »

In the face of a Republican agenda that seeks to erode consumer protection and undermine Wall Street reform, Democratic members of the Financial Services Committee have called for a renewed focus on a legislative goal that is proven to preserve and create U.S. jobs by helping American businesses compete internationally for opportunities to export goods and services. In a letter to… Read more »

Congresswoman Maxine Waters, Ranking Member of the House Financial Services Committee, today released the following statement in response to news that the U.S. Export-Import Bank generated a profit of more than $1 billion in fiscal year 2013, which was reported on Wednesday: “I am very pleased with yesterday’s news that the Export-Import Bank has delivered more than $1 billion in revenue… Read more »