Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Marcia Fudge, Secretary of the United States Department of Housing and Urban Development (HUD) as well as the Appraisal Subcommittee, the Appraisal Foundation, and the Appraisal Institute regarding ongoing appraisal bias and discrimination, calling on the federal… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, issued the following statement after the U.S. Housing and Urban Development (HUD) Office of Inspector General (OIG) released a report that found that the Los Angeles Homeless Services Authority (LAHSA) failed to utilize $3.5 million in federal homeless assistance funds that later expired… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and several Democratic Members of the Committee, including Congressman Emanuel Cleaver (D-MO), Congressman Ritchie Torres (D-NY), Congresswoman Alexandria Ocasio-Cortez (D-NY) and Congresswoman Madeleine Dean (D-PA), sent letters to Marcia Fudge, Secretary of the United States Department of… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent two letters to federal agencies and banking regulators urging them to strengthen foreclosure and mortgage servicing protections for borrowers and provide greater oversight to prevent unnecessary foreclosures during the pandemic. In a letter to the U.S. Department of Housing and Urban… 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, “Building Back A Better, More Equitable Housing Infrastructure for America: Oversight of the Department of Housing and Urban Development.”  First of all, a happy good morning, Secretary Fudge. I am so… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee sent a letter to Marcia Fudge, Secretary of the U.S. Department of Housing and Urban Development (HUD); Thomas Vilsack, Secretary of the U.S. Department of Agriculture (USDA); Denis McDonough, Secretary of the U.S. Department of Veterans Affairs (VA); Dave Uejio, Acting Director of the Consumer… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the U.S. Department of Housing and Urban Development’s (HUD) efforts to restore the Affirmatively Furthering Fair Housing Rule. “I am pleased that Secretary Fudge has begun to reverse the previous administration’s actions that gutted the Affirmatively… Read more »

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent letters to senior Members of the House Committee on Appropriations urging them to fund the Minority Business Development Agency, the Community Development Financial Institutions (CDFI) Fund, the Securities and Exchange Commission (SEC), and programs that support affordable housing and address… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the U.S. Department of Housing and Urban Development’s reversal of the Trump Administration’s attempt to weaken the Equal Access Rule. “I am pleased that Secretary Fudge has reversed the previous administration’s efforts that would have gutted the… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the confirmation of Marcia Fudge as Secretary of the U.S. Department of Housing and Urban Development (HUD). “I congratulate Marcia Fudge on her confirmation as Secretary of the Department of Housing and Urban Development (HUD).  “Marcia… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released the following statement on President Biden’s Memorandum on Redressing Our Nation’s and the Federal Government’s History of Discriminatory Housing Practices and Policies. “I am pleased that President Biden has issued this important executive action to reassert the federal… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, issued the following statement applauding President-Elect Joe Biden’s nomination of Representative Marcia Fudge (D-OH), to serve as Secretary of the Department of Housing and Urban Development. “In nominating Representative Marcia Fudge as Secretary of the Department of Housing and Urban… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, sent a letter to President-Elect Joseph R. Biden, providing recommendations on areas where the Biden Administration should immediately reverse the actions of the Trump Administration, and several actions that the Biden Administration can immediately take to coordinate the federal response… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the Committee on Financial Services, sent a letter to agencies within the Committee’s jurisdiction calling on them to cease and desist from finalizing any “midnight rulemakings” or other administrative actions until President-Elect Joseph R. Biden is sworn into office on January 20, 2021.  “On November 3, 2020, the American… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and other House Committee Chairs sent a letter to 61 federal agencies requesting information on conversions of political appointees to civil service positions during the Trump Administration. “Protecting the nonpartisan expertise of the career civil service is essential to the safety and… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and other Committee Chairs across the House of Representatives sent letters directing the White House and more than 50 federal agencies within their jurisdictions to comply with federal record-keeping laws and preserve information responsive to congressional subpoenas and investigations.… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, issued the following statement after Ben Carson, Secretary of the Department of Housing and Urban Development announced the department’s final rule on the disparate impact standard under the Fair Housing Act. “The Trump Administration has been relentless in its attacks on the Fair… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congressman Jerrold Nadler (D-NY), Chairman of the House Committee on the Judiciary, and Congressman Wm. Lacy Clay (D-MO), Chair of the Subcommittee on Housing, Community Development and Insurance, issued the following statement in response to the U.S. Department of Housing and Urban… Read more »

On June 29, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congresswoman Jennifer Wexton (D-VA) sent a letter to Dr. Ben Carson, Secretary of the U.S. Department of Housing and Urban Development, calling on the agency to reconsider publishing its proposed rule entitled, “Making Admission or Placement Determinations Based on Sex in Facilities… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, Congressman Wm. Lacy Clay (D-MO), Chair of the Subcommittee on Housing and Insurance, and Congressman Juan Vargas (D-CA), sent a letter to Ben Carson, Secretary of the U.S. Department of Housing and Urban Development (HUD), and Mark Calabria, Director of the Federal Housing Finance Agency… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and Congressman Al Green (D-TX), Chair of the Subcommittee on Oversight and Investigations, sent a letter to Rae Oliver Davis, Inspector General for the U.S. Department of Housing and Urban Development (HUD), requesting an investigation into HUD’s decision to exclude Deferred Action for… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, led a letter to Benjamin Carson, Secretary of the Department of Housing and Urban Development (HUD), urging him to withdraw the agency’s harmful 2020 Affirmatively Furthering Fair Housing (AFFH) proposal. This proposal would gut an important rule finalized by the Obama Administration that… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, led six letters to Administration officials, prudential regulators, financial services organizations and credit reporting agencies expressing concerns about risks related to coronavirus disease 2019 (COVID-19) and the steps they are taking to prevent Americans and the financial system from… Read more »

Today, the House Financial Services Committee passed seven bills to benefit consumers, investors and the economy. The bills passed by the Committee include: H.R. 149, the Housing Fairness Act, a bill introduced by Congressman Al Green (D-TX), Chairman of the Subcommittee on Oversight and Investigations, which would authorize increased funding for the Department of Housing and… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement on the Department of Housing and Urban Development’s (HUD) 2019 report which highlights the rise in homelessness in this country. “HUD’s Annual Homeless Assessment Report to Congress only confirms what we already know. There is a devasting homelessness crisis… Read more »