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CFPB

Waters Speaks to U.S. Chamber of Commerce

| Posted in Press Releases

Congresswoman Maxine Waters, Ranking Member of the House Financial Services Committee, spoke before the U.S. Chamber of Commerce Center for Capital Markets Competitiveness today. Waters’ 30 minute speech outlines policy areas such as regulatory relief for community banks in which she is optimistic about working with the Republican majority on the Committee. However, she made clear…

Ranking Member Waters Welcomes Cordray Nomination

| Posted in Press Releases

  Congresswoman Maxine Waters, Ranking Member of the House Financial Services Committee (HFSC), today released the following statement in response to the news that President Barack Obama will nominate Richard Cordray to head the Consumer Financial Protection Bureau (CFPB).  The CFPB was established by the Wall Street Reform and Consumer Protection Act, which was drafted and…

Waters Backs Mortgaging Servicing Rule but Calls for Additional Protections

| Posted in Press Releases

Congresswoman Maxine Waters, Ranking Member of the House Financial Services Committee, released the following statement today in response to the announcement by the Consumer Financial Protection Bureau of a rule governing actions by mortgage servicers: The rule is a strong first step towards limiting widespread predatory practices by the mortgage servicing industry, which have led to…

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