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Subcommittee on Financial Institutions and Monetary Policy

Waters on Climate Change as a Systemic Risk: We Have Witnessed How Climate Change Can Disrupt Our Financial System

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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, “Addressing Climate as a Systemic Risk: The Need to Build Resilience within Our Banking and Financial Institutions.”  Thank you, Chair Perlmutter. Over the past…

Waters Announces July Committee Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of July: July 14 at 12:00 PM ET: The full Committee will convene for a virtual hearing entitled, “Monetary Policy and the State of the Economy.” July 15 at 12:00 PM ET: The Subcommittee on Oversight and Investigations…

Waters Announces Updates to June Committee Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced that all remaining hearings for the month of June will convene in hybrid format with an in-person and virtual option. June 23 at 10:00 AM ET: The full Committee will convene for a hybrid markup. June 29 at 10:00 AM ET: The full Committee will convene…

Waters Announces Subcommittee Vice Chairs for 117th Congress

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the Financial Services Committee Vice Chairs for the 117th Congress. “I am excited to announce the Committee’s Subcommittee Vice Chairs for the 117th Congress,” said Chairwoman Waters. “Financial Services Committee Democrats are a diverse, talented, knowledgeable and…

Waters Opening Statement at Subcommittee Hearing on Trends in Financial Institution Charters

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a Subcommittee on Consumer Protection and Financial Institutions virtual hearing entitled, “Banking Innovation or Regulatory Evasion? Exploring Trends in Financial Institution Charters.” Thank you very much Chairman Perlmutter for holding this very…

Waters Announces Updates to March Hearing Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following updates to the hearing schedule for the month of March: March 10 at 10:00 AM ET: The full Committee will convene for a virtual hearing entitled, “Justice for All: Achieving Racial Equity Through Fair Access to Housing and Financial Services.” …

Waters Announces March Hearing Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following virtual hearings in the month of March: March 10 at 10:00 AM ET: The full Committee will convene for a virtual hearing entitled, “Justice for All: Achieving Racial Equity Through Fair Access to Housing and Financial Services.” March 11 at…

Chairwoman Waters Announces Financial Services Subcommittee Assignments for the 117th Congress

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Following the announcement of the House Financial Services Subcommittee Chairs, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced Democratic Subcommittee assignments for the 117th Congress.*  Subcommittee on Investor Protection, Entrepreneurship and Capital Markets Congressman Brad Sherman (CA-30), Chair Congresswoman Carolyn B.…

Chairwoman Waters Announces Financial Services Subcommittee Leadership for the 117th Congress

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced the six Committee Members who will serve as Subcommittee Chairs for the 117th Congress. Subcommittee Chairs were chosen through a selection process based on seniority, with the confirmation of all Committee Democrats. “I am pleased to announce the very experienced, dedicated,…

Committee Releases Report on 2020 Activities

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a report on the Committee’s work during the second session of the 116th Congress. During a time of crisis, the Committee worked tirelessly to provide relief and protections to individuals, families, and small businesses across the nation. “When the pandemic hit in 2020, the…

Waters Announces Virtual Hearings in June

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following virtual hearings in the month of June: June 3 at 12:00 PM – The Subcommittee on Consumer Protection and Financial Institutions will convene for a hearing entitled, “Promoting Inclusive Lending During the Pandemic: Community Development Financial…

Committee Holds Bipartisan Virtual Roundtable with Prudential Regulators

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Yesterday, the Consumer Protection and Financial Institutions Subcommittee held a virtual roundtable with prudential regulators entitled, “Update from Prudential Regulators.” The virtual roundtable panelists included: The Honorable Rodney Hood, Chairman, National Credit Union Administration The Honorable Jelena McWilliams, Chairman, Federal Deposit Insurance…

Committee to Hold Bipartisan Virtual Roundtable with Financial Regulators

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced that on Wednesday, May 13, Consumer Protection and Financial Institutions Subcommittee Chairman Gregory Meeks (D-NY) and Ranking Member Blaine Luetkemeyer (R-MO) will host a virtual roundtable discussion entitled, “Update from Prudential Regulators.” Panelists for the…

Waters and Subcommittee Chairs Hold Mortgage Servicers Accountable During COVID-19

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On Monday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee; Congressman Gregory Meeks (D-NY), Chair of the Subcommittee on Consumer Protection and Financial Institutions; Congressman Wm. Lacy Clay (D-MO), Chair of the Subcommittee on Housing, Community Development, and Insurance; and Congressman Al Green (D-TX), Chair of the Subcommittee on…

Chairwoman Waters Announces March Committee Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several hearings for the month of March: March 4 at 10:00 AM – The Subcommittee on National Security, International Development, and Monetary Policy will convene for a hearing entitled, “The Traffickers’ Roadmap: How Bad Actors Exploit Financial Systems to Facilitate the…

Chairwoman Waters Announces Updates to Committee Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several updates to the Committee schedule: January 14 at 10:00 AM – The full Committee will convene for a hearing entitled, “On the Brink of Homelessness: How the Affordable Housing Crisis and the Gentrification of America Is Leaving Families Vulnerable.” …

Chairwoman Waters Announces January Committee Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of January: January 14 at 10:00 AM – The full Committee will convene for a hearing entitled, “On the Brink of Homelessness: How the Affordable Housing Crisis and the Gentrification of America Is Leaving Families Vulnerable.” …

Waters Statement at Subcommittee Hearing on Minority Depository Institutions

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, delivered the following opening statement at a Subcommittee on Consumer Protection and Financial Institutions hearing entitled, “An Examination of Regulators’ Efforts to Preserve and Promote Minority Depository Institutions.” As Prepared for Delivery Thank you, Chairman Meeks. Minority…

House Passes Bill to Increase Corporate Diversity

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Today, the U.S. House of Representatives passed H.R. 5084, the Improving Corporate Governance Through Diversity Act of 2019, a bill that requires public companies to annually disclose the voluntarily, self-identified gender, race, ethnicity, and veteran status of their board of directors, nominees, and senior executive officers. This bill was introduced by Congressman Gregory Meeks…

Waters Announces November Hearings

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of November: November 13 at 10:00 AM: The Subcommittee on National Security, International Development, and Monetary Policy will convene for a hearing entitled, “How America Leads Abroad: An Examination of Multilateral Development…

Waters Announces Updates to October Hearing Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of October: Wednesday, October 16 at 10:00 AM: The full Committee will convene a hearing entitled, “Who Is Standing Up for Consumers? A Semi-Annual Review of the Consumer Financial Protection Bureau.” Wednesday,…

Waters Announces October Hearings

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of October: Wednesday, October 16 at 10:00 AM: The full Committee will convene a hearing entitled, “Who is Standing Up for Consumers? A Semi-Annual Review of the Consumer Financial Protection Bureau.” Wednesday,…

Waters Announces Fall 2019 Priorities and Highlights Committee Accomplishments

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced an overview of the Committee’s fall 2019 priorities and highlighted the Committee’s efforts in the 116th Congress to work on behalf of consumers, investors, and vulnerable families. Fall 2019 Priorities This fall, the Committee will continue its work to ensure fairness,…

Waters Announces September Hearings

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of September: Wednesday, September 4 at 10:00 AM — The Subcommittee on Oversight and Investigations will convene a field hearing entitled, “Examining Discrimination and Other Barriers to Consumer Credit, Homeownership, and Financial…

Committee Passes Legislation to Reform the Credit Reporting System, Increase Diversity, and Strengthen Housing Protections

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Today, the House Financial Services Committee, held a markup of ten bills to reform the broken credit reporting system, increase diversity and inclusion efforts in the financial services sector, improve the homebuying process and preserve the affordability of rural housing. See the legislation below. H.R. 281, the Ensuring Diverse Leadership Act of 2019, a bill that would…

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