Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on National Security, International Development and Monetary Policy virtual hearing entitled, “Dollars Against Democracy: Domestic Terrorist Financing in the Aftermath of Insurrection.”

We are here against the backdrop of the January 6th insurrection, a deplorable yet predictable display of white supremacists such as the Proud Boys, Oath Keepers, QAnon, and others, and nationalist violence incited by President Trump against the Members of this body and against democracy itself. Unfortunately, the violence that we saw on the 6th is not new, but arises from our nation’s legacy of violence towards people of color, religious minorities, LGBTQ+ persons, women, and immigrants. From the KKK and lynchings to the terror in Charleston, Charlottesville, Pittsburg, El Paso, and Escondido, white supremacy and nationalism are not new threats.

But there is hope. The radicalization, recruitment, training, and operations that made January 6th possible also had a money trail, which can and must be targeted to turn the tide against future attacks.

Thank you and I yield back the balance of my time.

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