Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement regarding the bipartisan COVID-19 relief bill.
“After much negotiation, I am very pleased that I have been able to secure $25 billion in emergency rental assistance, a one-month extension of the eviction moratorium, and $12 billion in funding for community… Read more »
Today, House Committee on Financial Services Chairwoman Maxine Waters (D-CA) and Ways and Means Committee Chairman Richard E. Neal (D-MA) issued the following statement as Senate Republicans demanded the inclusion of a dangerous provision from Senator Pat Toomey (R-PA) in COVID-19 relief legislation that would hamstring the new Administration’s ability to recover from the economic crisis… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement on the House floor on the urgent need to pass coronavirus response legislation.
Mister Speaker, the COVID-19 pandemic crisis continues to have a terrible impact throughout the nation. Cases are surging, and thousands are dying from the virus every day. There… 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 House Financial Services Committee gave the following statement at a full Committee hearing entitled, “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response.”
Today the Committee convenes to conduct oversight over the Treasury Department’s and Federal Reserve’s pandemic response.
This pandemic… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement regarding the need for Congress to pass additional COVID-19 relief legislation:
“Today, at our regularly scheduled caucus meeting of Financial Services Committee Democrats, Members expressed grave concerns about the COVID-19 pandemic and the need for the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following hearing schedule for the month of December:
December 2 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response.”
All hearings are livestreamed on… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, sent a letter to General Services Administration (GSA) Administrator Emily Murphy requesting that she immediately ascertain Joe Biden as the president-elect and initiate the transition process with the Biden transition team.
“I request that you immediately ascertain Joe Biden as the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services Committee, blasted the Trump Administration for the announcement that it is attempting to shut down key emergency lending programs created by the CARES Act to support the economy during the COVID-19 pandemic:
“It is clear that Trump and Mnuchin are willing to spitefully destroy the… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following statement at a Subcommittee on Housing, Community Development, and Insurance virtual hearing entitled, “Insuring against a Pandemic: Challenges and Solutions for Policyholders and Insurers.”
“Thank you very much Chairman Clay. When the COVID-19 pandemic hit in March,… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee gave the following statement at a full Committee hearing entitled, “Oversight of Prudential Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions during the Pandemic.”
On November 3, America decisively rejected President Trump, his harmful… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released the following statement on the Trump Administration’s inadequate COVID-19 relief proposal:
“The Trump Administration’s coronavirus relief proposal fails America’s most vulnerable working families, who are losing their lives and livelihoods to this devastating pandemic. After five months… Read more »
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement during floor debate on the updated Heroes Act:
“Democrats have been working every single day to respond to this pandemic and provide much-needed relief and protections for families across the country,” said Chairwoman Waters. “139 days ago, House Democrats voted to… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement in support of the updated Heroes Act:
Mr. Speaker, I rise in strong support of the House Amendment to H.R. 925, the updated version of the Heroes Act.
Mr. Speaker, Democrats have been working every single day to respond to this pandemic and provide… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following statement regarding reports that the Trump Administration -used funding allocated by Congress for the pandemic response for unrelated defense purposes:
“The Trump Administration has failed to use the funding provided by Congress to produce medical equipment and supplies… Read more »
This week, the U.S. House of Representatives passed ten financial services bills, including legislation to support diversity in community banking, protect investors and consumer from pandemic-related fraud, combat trafficking, and promote more flexible CARES Act funding.
The bills passed include:
The Ensuring Diversity in Community Banking Act (H.R. 5322) a bill by… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following statement at a full Committee hearing entitled, “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response.”
Welcome back, Chair Powell and Secretary Mnuchin.
Since you last testified before this Committee in June, the coronavirus crisis has… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following statement at a full Committee hearing entitled “The Need for Financial Aid to America’s States and Territories During the Pandemic: Supporting First Responders, Assisting Schools in Their Efforts to Safely Educate, and Preventing Mass Layoffs.”
As Prepared For… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement in response to the Trump Administration’s announcement regarding a temporary halt on some residential evictions.
“Instead of working with Democrats to pass the Heroes Act, the Trump Administration has resorted to threatening criminal penalties and even… Read more »
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:… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement in response to Trump’s issuance of several executive orders and presidential memoranda:
“Today, Trump issued four highly questionable executive orders and presidential memoranda on payroll taxes, student loans, unemployment insurance, and evictions. These… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, Congressman Josh Gottheimer (D-NJ), Congressman Brad Sherman (D-CA), Chairman of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets, Congressman Bill Foster (D-IL), Chairman of the Task Force on Artificial Intelligence, and Congressman Stephen F. Lynch (D-MA),… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a full Committee hearing entitled, “Protecting Consumers During the Pandemic? An Examination of the Consumer Financial Protection Bureau.”
As Prepared for Delivery
I would like to welcome Director Kraninger to what I hope will be her last… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement regarding the potential inclusion of legislation to weaken capital requirements for big banks in Senate Republicans’ HEALS Act:
“Senate Republicans have been asleep at the wheel for months while this crisis continued to balloon in scale. Now, they have put… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following remarks at a virtual press conference on the impending eviction crisis brought on by COVID-19 and the Republican Senate’s failure to act.
I am very pleased that you invited me to be a part of this press conference today. This is extraordinarily important. I’m pleased to… Read more »