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Waters at Hearing with Yellen and Powell: We Must Ensure That There is a Sustained and Equitable Recovery
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a full Committee virtual hearing entitled, “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response.”
I’d like to welcome Secretary Yellen and Chair Powell.
I am very pleased that, with Democrats’ passage of President Biden’s American Rescue Plan, help is now arriving for millions of struggling individuals, families and small businesses all across this country. The Biden plan delivers much-needed relief in the form of additional direct payments, expanded child tax credits, emergency rental and homeowner assistance, unemployment assistance, support for small and minority-owned businesses, as well as funding for other key programs. The American Rescue Plan is exactly what the nation needs in the midst of this ongoing crisis, and will help to put us on the path to a faster and more equitable recovery.
I am also very relieved that we now have President Biden’s capable leadership in the White House, and that he is putting in place a team to ensure that the pandemic response and the implementation of relief programs is efficient, effective, and a top priority so that we can beat this deadly virus…
Click here to read her full opening statement.
Tweets of the Week
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Member Spotlight
| Congressman Emanuel Cleaver (D-MO) |
This week, Congressman Emanuel Cleaver (D-MO), Chair of the Subcommittee on Housing, Community Development and Insurance, chaired his first hearing of the Subcommittee. Watch the virtual hearing, entitled “Preserving a Lifeline: Examining Public Housing in a Pandemic,” here.
Weekend Reads
Chairwoman’s Corner
Waters Opening Statement at Hearing on Public Housing During the Pandemic
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a Subcommittee on Housing, Community Development and Insurance virtual hearing entitled, “Preserving a Lifeline: Examining Public Housing in a Pandemic.”
Thank you very much Mr. Chairman. I certainly appreciate this hearing that you’re holding today. Of course, I have been a longtime advocate for public housing and greatly appreciate all the work public housing authorities and their staff have done to keep their residents safe and connected to their community during this trying time. I want you to know that while I did not grow up in public housing, many of my family members did grow up in public housing. Don’t forget, I am one of thirteen children and so I was gone from the family residence and after I was gone, many of those family members ended up having the only place that was affordable to them, was public housing. And so, I’m from St. Louis, Missouri and we have some of the oldest public housing in St. Louis – Carr Square Village, and of course I was there when they developed Pruitt-Igoe and when they tore it down, and we learned a lot from those lessons. And so, I am very pleased to be with you today. housing is infrastructure and we are going to make sure that public housing is covered in our infrastructure bill.
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