Today Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to oppose H.R. 4790, the “Prioritizing MAGA Policies Over Economic Growth Act. Among many things, this bill would limit investors’ rights to put forward, and vote on, new corporate policies; inhibit investors’ access to crucial information about the companies they… Read more »

Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following testimony in front of the Rules Committee on Republican-led bill H.R. 4790. Among many things, this bill would limit investors’ rights to put forward, and vote on, new corporate policies; inhibit investors’ access to crucial information about the companies they own; and… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to oppose H.R. 9456, the “Protecting American Agriculture from Foreign Adversaries Act of 2024,” which is a bill that makes harmful and substantive changes to existing law in a way that will increase risks to our national security and concerns about racial… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to oppose the override of President Biden’s veto of H.J.Res.109, a harmful bill aimed at reducing the Securities and Exchange Commission’s ability to protect consumers who buy cryptocurrency. I rise today in opposition to H.J.Res.109, which if passed, would… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to oppose the “Not Fit For Purpose Act,” which is a bill that would significantly restrict the regulatory authority of the Securities and Exchange Commission and eliminate all rules for the crypto industry. I rise in strong opposition to H.R. 4763, which I am… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced the House’s passage, under suspension of the rules, of bipartisan bills to develop a commemorative coin series honoring society’s working dogs and award former Navy officer Evertt Alavarez Jr with a Congressional Gold Medal. This is a procedure often used on the House floor… Read more »

Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following testimony in front of the Rules Committee on H.R. 4763, the “Not Fit For Purpose Act” and H.R.5403, a bill to prohibit any issuance of a central bank digital currency (CBDC). Thank you, Chairman Burgess and Ranking Member McGovern, for the opportunity to testify here… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced that she sent letters to the leadership of the House Committee on Appropriations urging appropriators to fund provisions that would address our nation’s worsening housing and homelessness crisis, support small, minority-owned businesses, and to protect our nation’s investors… Read more »

This morning, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to sound the alarm on our nation's growing housing and homelessness crisis and encourage the Biden administration to commit to addressing this crisis and highlighting it as a major priority in his State of the Union address. Thank you, Mr. Speaker. In… Read more »

This evening, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to oppose H.R. 2799, the “Expanding Access to Fraud Act,” which is a Republican-led bill that would allow fraud and financial abuse to proliferate within our capital markets and raise costs on small businesses. As prepared for delivery Chair, I rise… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced passage of the following bipartisan bills under suspension of the rules. This is a procedure often used on the House floor to act expeditiously on legislation that is generally non-controversial. Next, these bills will await a vote in the Senate. H.R. 5524 "Foreign… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement on the House floor in opposition of Senate Joint Resolution 32, a Republican-led resolution that would hurt small businesses by overturning a Consumer Financial Protection Bureau (CFPB) rule to support small businesses by improving transparency and… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the Financial Services Committee, delivered a speech on the House floor opposing H.Con.Res.9 “Denouncing the horrors of socialism.” Mr. Speaker, yesterday in the Committee on Financial Services we organized and considered the Committee’s oversight plan. We debated homelessness and the lack of affordable housing, how to best… Read more »

Congresswoman Maxine Waters (D-CA), the top Democrat on the House Committee on Financial Services, delivered the following testimony in front of the Rules Committee on the resolution entitled, “Denouncing the Horrors of Socialism.” Thank you. Chairman Cole, Ranking Member McGovern and Members of the Committee, the American public is going to wonder why Republicans are wasting our time… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Committee on Financial Services, announced passage of the following bills under suspension of the rules: H.R. 582, "Credit Union Board Modernization Act" is a bill offered by Representative Juan Vargas (D-CA) that would amend the Federal Credit Union Act to modify the frequency of meetings held by a credit union’s… 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 victories that the Committee successfully secured in the Fiscal Year 2023 National Defense Authorization Act (NDAA) — foundational legislation that supports our nation’s defense and national security. The law includes several priorities of Members of the Financial Services… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced that the Committee successfully secured key provisions in the latest text of the National Defense Authorization Act (NDAA) for Fiscal Year 2023 — foundational legislation that supports our nation’s defense and national security. The package will soon go to the House of… Read more »

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced passage of the following bills under suspension of the rules: H.R. 6889, the “Credit Union Board Modernization Act” is a bill offered by Representative Juan Vargas (D-CA) that would reduce the minimum number of board of director meetings for Federal credit unions that are highly… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following floor speech on the Inflation Reduction Act: I rise in recognition of the very long and difficult negotiations that have taken place following the Build Back Better Act led by President Biden and the Democrats. I applaud the beneficiaries of the reconciliation… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the victories that the Committee members successfully secured during this week’s House vote on suspensions: H.R. 7734, the “Timely Delivery of Bank Secrecy Act Reports Act” is a bill offered by Chairwoman Maxine Waters (D-CA) that preserves Congress’ ability to conduct… Read more »

Today, Chairwoman Maxine Waters secured passage by the U.S. House of Representatives of nine bipartisan bills The Fair Hiring in Banking Act (H.R. 5911), a bill by Representative Joyce Beatty (D-OH). This bill would expand employment opportunities at banks and credit unions by reducing barriers to employment based on past minor criminal offenses. The bill specifically provides an… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement after being named a Member of the House who will go to conference with the Senate over the House’s America COMPETES Act of 2022: “I am pleased to be appointed by Speaker Pelosi as a member of the conference committee for the America COMPETES Act of 2022.… Read more »

Yesterday, the U.S. House of Representatives passed a bipartisan bill in honor of Black History Month. The ‘Six Triple Eight’ Congressional Gold Medal Act of 2021” (S.321) a bill by Senator Moran (R-KS). This is the Senate companion bill to H.R. 1012, introduced by Rep. Moore (D-WI). This bill directs the Speaker of the House of Representatives and the President pro tempore of… Read more »

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the passage of the America Creating Opportunities for Manufacturing Pre-Eminence in Technology and Economic Strength (COMPETES) Act of 2022 in the House, which includes key provisions that Chairwoman Waters worked closely with members on the Financial Services Committee and with… Read more »