Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Financial Institutions Subcommittee hearing entitled, “Enhancing Competition: Shaping the Future of Bank Mergers and De Novo Formation.”
As Prepared for Delivery
“Good afternoon.
“Republicans want faster bank mergers, which will… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Financial Institutions Subcommittee hearing entitled, “Regulatory Overreach: The Price Tag on American Prosperity.”
Good morning. Republicans are once again using community banks to advance an agenda for megabanks. Instead, we should… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee and Congressman Bill Foster (D-IL), the Ranking Member of the Financial Institutions Subcommittee, led 88 House Democrats in a letter to U.S. Department of the Treasury Secretary, Scott Bessent, following an Executive Order issued by President Donald Trump last month, aimed at slashing… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Financial Institutions and Monetary Policy Subcommittee hearing entitled, “Transparency in Global Governance.”
Good morning, everyone we are exploring the topic of “transparency,” but not transparency as to whether small business… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Financial Institutions and Monetary Policy Subcommittee hearing entitled, “Merger Policies of the Federal Banking Agencies.”
Thank you so much, I appreciate that Mr. Chairman. As bank mergers continue to be rubber-stamped by… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Financial Institutions and Monetary Policy Subcommittee hearing entitled, “Agency Audit: Reviewing CFPB Financial Reporting & Transparency.”
Thank you. Today, this Subcommittee could have been examining ways to strengthen consumer… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Financial Institutions and Monetary Policy Subcommittee hearing entitled, “Lender of Last Resort: Issues with the Fed Discount Window and Emergency Lending.”
Thank you very much. It has been nearly a year since we faced the sudden… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Subcommittee on Financial Institutions and Monetary Policy hearing entitled, “The Tangled Web of Global Governance: How the Biden Administration is Ceding Authority Over American Financial Regulation.”
We are 10 days away from a… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a Subcommittee on Financial Institutions and Monetary Policy hearing entitled, “A Holistic Review of Regulators: Regulatory Overreach and Economic Consequences.”
Here we go again. Instead of marking up sensible bills that have bipartisan… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement at a Subcommittee hearing on Financial Institutions entitled, “Implementing Basel III: What’s the Fed’s Endgame?"
We certainly did receive a wake-up call this Spring with the failures of Silicon Valley Bank, Signature Bank, and First… 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), Chairwoman of the House Financial Services Committee, released a report highlighting the historic and transformational work that Committee Democrats achieved under her leadership for both the 116th and 117th Congresses. During a global pandemic, a worsening housing crisis and a widening racial-wealth gap, Committee Democrats have consistently… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of December:
Thursday, December 1 at 10 a.m. ET: The full Committee will convene for a hybrid hearing entitled, “Boom and Bust: The Need for Bold Investments in Fair and Affordable Housing to Combat Inflation.”
… 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 »
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, 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 »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on Consumer Protection and Financial Institutions hybrid hearing entitled, “The End of Overdraft Fees? Examining the Movement to Eliminate the Fees Costing Consumers Billions.”
Thank you so very much, Chair Perlmutter. For far too long,… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule updates for the month of March:
March 29 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “Devalued, Denied, and Disrespected: How Home Appraisal Bias and Discrimination Are Hurting Homeowners and… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule updates for the month of March:
NEW - March 29 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “Devalued, Denied, and Disrespected: How Home Appraisal Bias and Discrimination Are Hurting Homeowners and… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, Representatives Sean Casten (D-IL) and Juan Vargas (D-CA) announced that the Securities and Exchange Commission (SEC) approved a proposed rule requiring climate-related disclosures by public companies.
The proposed rule that the SEC released today responds to significant demand from retail… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of March:
March 2 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “Monetary Policy and the State of the Economy.”
March 8 at 10:00 AM ET: The full Committee will convene for a… Read more »
Following the successful conclusion of their annual retreat, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a report on the Committee’s work during the first session of the 117th Congress. During a time of crisis, the Committee continued to work tirelessly to provide relief and protections to individuals, families, and small businesses… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on Consumer Protection and Financial Institutions hearing entitled, “Small Businesses, Big Impact: Ensuring Small and Minority-Owned Businesses Share in the Economic Recovery.”
Thank you very much, Chair Perlmutter, for holding this… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of February:
February 2 at 10:00 AM ET: The Subcommittee on Housing, Community Development and Insurance will convene for a virtual hearing entitled, “Housing America: Addressing Challenges in Serving People Experiencing Homelessness.”… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on Consumer Protection and Financial Institutions hearing entitled, “Cyber Threats, Consumer Data, and the Financial System.”
Thank you very much, Chair Perlmutter, for holding this important hearing on cybersecurity.
Financial… Read more »
