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Ranking Member Waters Delivers Opening Statement During Subcommittee Hearing on Financial Regulation: “We are 10 Days Away from A Costly Government Shutdown, and Instead of Working with Democrats...Republicans Are Advancing Funding Bills That Slash Critical Funding and Undermine Agencies.”
Washington, DC, November 7, 2023
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Subcommittee on Financial Institutions and Monetary Policy hearing entitled, “The Tangled Web of Global Governance: How the Biden Administration is Ceding Authority Over American Financial Regulation.”
We are 10 days away from a costly government shutdown, and instead of working with Democrats to prevent that, Republicans are advancing funding bills that are dead on arrival because they slash critical funding and undermine agencies, like the Consumer Financial Protection Bureau.