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Subcommittee on Digital Assets, Financial Technology and Inclusion

Waters Announces Updates to September Committee Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of September: September 21 at 10:00 AM ET: The Task Force on Financial Technology will convene for a hybrid hearing entitled, “Preserving the Right of Consumers to Access Personal Financial Data.” POSTPONED: The…

Waters Announces September Committee Schedule

| Posted in Press Releases

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 Applauds SEC’s Approval of a National Stock Exchange Rule to Require Diversity Data Reporting

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the Securities and Exchange Commission’s approval of a proposed rule that would require companies listed on a national stock exchange to meet gender and racial diversity requirements and provide diversity data of their board members. “As Chairwoman of…

Waters Announces Updates to June Committee Schedule

| Posted in Press Releases

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 Announces May Committee Schedule

| Posted in Press Releases

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.” …

Waters and Beatty Request Diversity Data From the Nation’s Largest Investment Firms

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and Congresswoman Joyce Beatty (D-OH), Chair of the Subcommittee on Diversity and Inclusion, sent requests to the nation’s 31 largest investment firms—those with $400 billion or more of assets under management—for data on their diversity and inclusion.  “We are making progress to…

Waters at Subcommittee Hearing on Diversity Data: We Are Continuing to Hold the Financial Services Industry Accountable

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a Subcommittee on Diversity and Inclusion virtual hearing entitled, “By the Numbers: How Diversity Data Can Measure Commitment to Diversity, Equity and Inclusion.” Today, we are continuing to hold the financial services industry accountable for…

Waters Announces Updates to March Hearing Schedule

| Posted in Press Releases

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

| Posted in Press Releases

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

| Posted in Press Releases

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

| Posted in Press Releases

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

| Posted in Press Releases

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 Blasts Wells Fargo CEO’s Remarks on Recruiting Diverse Executives

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement regarding Wells Fargo CEO Charles Scharf’s remarks on the recruitment of Black executives. "Charlie Scharf’s comments—spoken to Wells Fargo employees in June and then later memorialized in a memo to them—are sadly familiar to Black people who work in the…

Waters, Maloney, and Beatty Statement on Release of GAO Report They Requested Examining Diversity and Inclusion at Fannie Mae and Freddie Mac

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, Congresswoman Carolyn B. Maloney (D-NY), Chairwoman of the House Committee on Oversight and Reform, and Congresswoman Joyce Beatty (D-OH), Chairwoman of the House Financial Services Subcommittee on Diversity and Inclusion, issued the following statements on a new Government Accountability…

Chairwoman Waters Announces September Hearing Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following virtual and hybrid hearings for the month of September: September 8 at 12:00 PM – The Subcommittee on Diversity and Inclusion will convene for a virtual hearing entitled, “Holding Financial Regulators Accountable for Diversity and Inclusion:…

Chairwoman Waters Announces July Hearing Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following virtual hearings in the month of July: July 7 at 12:00 PM - The Subcommittee on National Security, International Development and Monetary Policy will convene for a hearing entitled, “Paycheck Security: Economic Perspectives on Alternative Approaches to…

Waters Thanks Visa for Proactive Submission of Its Diversity and Inclusion Data

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued a statement regarding Visa Incorporated’s efforts to proactively provide the Committee with their diversity and inclusion data and practices. Last month, the Committee published a report on diversity and inclusion among large banks with more than $50 billion in assets. That report…

Waters and Beatty Release Committee Staff Report Highlighting Lack of Diversity at Nation’s Large Banks

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the Committee on Financial Services, and Congresswoman Joyce Beatty (D-OH), Chair of the Subcommittee on Diversity and Inclusion, released a multimedia Majority staff report entitled, “Diversity and Inclusion: Holding America’ Large Banks Accountable.” This report is part of a longstanding effort to hold financial institutions…

Chairwoman Waters Announces February Committee Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several hearings for the month of February: February 5 at 10:00 AM – The full Committee will convene for a hearing entitled, “Rent-A-Bank Schemes and New Debt Traps: Assessing Efforts to Evade State Consumer Protections and Interest Rate Caps.” February 5…

Waters and Beatty Blast Lack of Diversity on SEC Advisory Committees

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congresswoman Joyce Beatty (D-OH), Chair of the Subcommittee on Diversity and Inclusion, sent a letter to Jay Clayton, Chairman of the Securities and Exchange Commission (SEC), expressing concerns about the ongoing lack of ethnic and racial diversity on the…

Chairwoman Waters Announces January Committee Schedule

| Posted in Press Releases

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 Announces Updates to October Hearing Schedule

| Posted in Press Releases

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

| Posted in Press Releases

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

| Posted in Press Releases

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,…

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