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Committee Passes Legislation to Protect Retail Investors from Predatory Practices and Promote Fair Hiring Opportunities

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Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed six bills to protect investors, ensure fair employment opportunities for justice-involved individuals, and reform credit union governance, as working families across this country struggle to rebuild their savings after the pandemic.  H.R. 5911, the Fair Hiring in Banking Act is a…

Waters Opening Statement at November Full Committee Markup

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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 full Committee markup. Today, this Committee will mark up six bills, half of which have bipartisan support. After the stress the pandemic has placed on our economy, Democrats are responding with legislative solutions and working across the aisle…

Waters Announces November 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 November: November 2 at 10:00 AM ET: The Task Force on Financial Technology will convene for a hybrid hearing entitled, “Buy Now, Pay More Later? Investigating Risks and Benefits of BNPL and Other Emerging Fintech Cash Flow…

Waters Announces October 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 October: October 5 at 12:00 PM ET: The full Committee will convene for a virtual hearing entitled, “Oversight of the U.S. Securities and Exchange Commission: Wall Street’s Cop Is Finally Back on the Beat.” October…

Waters and Committee Democrats Pass Legislation to Expedite Emergency Rental Assistance to Renters and Landlords

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Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a statement following the passing of her legislation, H.R. 5156, the ‘‘Expediting Assistance to Renters and Landlords Act of 2021,” by the House Committee on Financial Services, which will reform the Emergency Rental Assistance (ERA) program. The bill passed the Committee by a vote of…

Committee Passes Legislation to Expedite Emergency Rental Assistance and Provide Protections for Descendants of Black Native American Freedmen

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Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed bills to expedite emergency rental assistance and reauthorize the Native American Housing Assistance and Self-Determination Act with protections for descendants of Black Native American Freedmen. The following bill passed the Committee by a vote of 35-15. H.R. 5195, the “Native…

Committee Passes Build Back Better Agenda to Provide Long-Overdue Investments in Housing Resources

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Today, the House Financial Services Committee passed the Financial Services Committee Title of the Build Back Better Act to provide long-overdue investments in housing resources, such as affordable housing, downpayment assistance, and efforts to end homelessness.  The following bill passed the Committee by a vote of 30-24. The Build Back Better Act is a bill that would provide…

Waters Opening Statement at September Full Committee Markup to Advance the Build Back Better Act and Critical Housing Legislation

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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 full Committee hybrid markup. Today, this Committee will mark up a key part of the President’s Build Back Better agenda, legislation that will provide a critical investment of $322 billion toward our nation’s affordable housing infrastructure.…

Waters Announces September 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 September: September 10 at 12:00 PM ET: The full Committee will convene for a virtual hearing entitled: “Protecting Renters During the Pandemic: Reviewing Reforms to Expedite Emergency Rental Assistance.” September…

Waters Opening Statement at June Full Committee Markup

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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 full Committee hybrid markup.  Today, this Committee will mark up four bills. As Chairwoman of this Committee, I am very pleased to advance several strong legislative solutions that have been introduced by Committee Democrats. These bills…

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…

Committee Passes Legislation to Help Combat Lending Discrimination, Support LGBTQ-Owned Businesses, and Hold Public Companies Accountable

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The House Committee on Financial Services passed six bills to help combat credit discrimination, ensure fair lending testing, support LGBTQ-owned businesses, improve language access in mortgage servicing, and hold public companies accountable for disclosing pay raise information, climate change risks, and total amounts paid in taxes to better inform investors. The bills passed by the…

Waters Opening Statement at May Full Committee Markup

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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 full Committee hybrid markup.  Today, this Committee will mark up six bills. As Chairwoman of this Committee, I am very pleased to advance several strong legislative solutions that have been introduced by Committee Democrats.  At…

Waters Announces May 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 May: May 4 at 12:00 PM ET: The Subcommittee on Housing, Community Development and Insurance will convene for a virtual hearing entitled, “Built to Last: Examining Housing Resilience in the Face of Climate Change.” …

Committee Passes Legislation to Advance Racial Equity, Protect Consumers, and Improve Disclosures by Public Companies

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Today, the House Financial Services Committee passed eight bills, including legislation to advance racial and economic justice, promote equity in the financial system, ensure consumers are not exposed to abusive debt collection practices, and provide key material information to investors. The bills passed by the Committee include. The Shareholder Political Transparency Act…

Waters Announces Committee Reauthorization of Task Forces on Financial Technology and Artificial Intelligence for 117th Congress

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced the reauthorization of the Financial Technology and Artificial Intelligence Task Forces. “I am very pleased to announce that our Task Forces on Financial Technology and Artificial Intelligence will continue their work examining emerging technologies in the financial services and…

Waters Delivers Opening Statement at Full Committee Markup

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hybrid markup.  Good morning. Today, we are here to mark up a series of important measures.     I am very pleased that, following the Committee’s hearing in March on racial justice and racial equity, today the Committee…

Waters Convenes Financial Services Markup on American Rescue Plan, Advancing COVID-19 Relief for Families in Need

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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 markup to consider legislation to carry out President Biden’s American Rescue Plan. Today this Committee convenes for a mark up to consider legislation to carry out President Biden’s American Rescue Plan, the American Rescue Plan Act of 2021.…

Waters Opening Statement at Committee Organizational Meeting and Markup to Adopt Committee Rules

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at a full Committee organizational meeting and markup to consider a resolution to adopt the Committee’s rules for the 117th Congress.  As Prepared for Delivery Today marks the first official meeting of the Committee on Financial Services in the…

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…

Committee Continues Efforts to Advance Legislation Benefiting Consumers and Investors

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, delivered the following opening statement at a full Committee markup to make housing more affordable and available, fight housing discrimination, and increase transparency and disclosures in the nation’s capital markets. As Prepared for Delivery In 2019, the Committee had a very…

Chairwoman Waters Announces Additional Updates to February Committee Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced an updated Committee schedule to conform with a recent change to the House calendar on February 26.  February 26 at 2:00 PM – The full Committee will convene for a markup. February 27 at 10:00 AM – The full Committee will convene for a continuation of the…

Chairwoman Waters Announces Updates to February Committee Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced an updated Committee schedule for the remainder of the month of February:  February 11 at 10:00 AM – The full Committee will convene for a hearing entitled, “Monetary Policy and the State of the Economy." February 12 at 10:00 AM – The Subcommittee on…

Committee Passes Commonsense Legislation to Benefit Hardworking Americans

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Yesterday, the House Financial Services Committee passed eight bills to protect student borrowers, enhance consumer credit reporting, ensure that regulators are working to preserve and promote Minority Depository Institutions (MDIs), and improve cybersecurity. The bills passed by the Committee included. Protecting Your Credit Score Act of 2019 (H.R. 5332), a bipartisan…

Waters Opening Statement at Final Committee Markup of 2019

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at a full Committee markup to protect student loan borrowers, improve our broken credit reporting system, preserve and promote Minority Depository Institutions and strengthen our nation’s cybersecurity As Prepared for Delivery Today the Committee will…

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