This week, Congresswoman Maxine Waters (D-CA), the Ranking Member on the House Financial Services Committee, and U.S. Senator Elizabeth Warren (D-MA), the Ranking Member on the Senate Banking Committee, led 184 current and former Members of Congress in filing their fifth amicus brief in support of the Consumer Financial Protection Bureau, as the full U.S. Court of Appeals for the District of Colum... Read More »

Read the Full Report This week, the Government Accountability Office (GAO) released its initial report on the Consumer Financial Protection Bureau’s (CFPB) “Status of Reorganization Efforts” in response to a request from Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, Congressman Bill Foster (D-IL), Ranking Member of the Subcommittee on Financial Insti... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a full Committee hearing entitled, “Priced Out of the American Dream: Understanding the Policies Behind Rising Costs of Housing and Borrowing.” “$1.4 BILLION DOLLARS. That’s how much the Trump family has pocketed since Trump returned to the White House. Wh... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement after the U.S. House of Representatives passed H.R. 6644, the “Housing for the 21st Century Act.” This bipartisan bill represents a critical first step toward solving the affordable housing crisis by expanding local development opportunities and modernizing existi... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House Floor in support of H.R. 6664, the “Housing for the 21st Century Act.” This landmark bipartisan legislation represents a critical first step toward solving the affordable housing crisis by expanding local development opportunities and modernizing existing housing programs. The b... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced key victories that Committee Democrats successfully secured in H.R.7148, the “Consolidated Appropriations Act, 2026.” The legislation authorizes federal funding for government departments, agencies, and programs through the fiscal year ending September 30, 2026. The bill includes severa... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a full Committee hearing entitled, “The Annual Report of the Financial Stability Oversight Council.” “Last week, Donald Trump marked his first year in office with consumer confidence plummeting to a twelve-year low. That is not a coincidence. Trump promise... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement in response to Donald Trump’s nomination of former Federal Reserve Governor Kevin Warsh to serve as Chair of the Federal Reserve: “With the nomination of Kevin Warsh, Donald Trump continues to make one thing unmistakably clear: he wants a Federal Reserve stacked wit... Read More »

This week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, held a press conference outside the Supreme Court of the United States ahead of oral arguments in the case involving Federal Reserve Board Governor Cook and the Trump Administration. Waters was joined by Reps. Sean Casten (D-IL), Vice Ranking Member of the Committee on Financial Services; Ju... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a full Committee markup. “Thank you, Chairman Hill. Yesterday, I was joined by Committee Democrats at the Supreme Court to stand up for the rule of law and defend the independence of our nation’s Central Bank, as Donald Trump and his crooked Administration... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a full Committee hearing entitled, “Oversight of the Department of Housing and Urban Development and the Federal Housing Administration.” “Mr. Chairman, after countless calls for hearings, warnings, and questions from Committee Democrats, I am glad this da... Read More »

Following the postponement of a Senate Banking Committee markup on risky crypto legislation scheduled for this week, today Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, Congressman Sean Casten (D-IL), Vice Ranking Member on the Committee, and Congressman Brad Sherman (D-CA), Ranking Member on the Capital Markets Subcommittee, sent a letter to Secur... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force hearing entitled, “Striking the Right Balance Sheet.” “Thank you so very very much. I appreciate so very much Mr. Vargas and Mr. Lucas and this hearing that you have put toge... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee hearing entitled, “Delivering for American Consumers: A Review of FinTech Innovations and Regulations.” “President Trump promised to reduce the cost of living. Instead, unempl... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement in response to reports that the Department of Justice served the Federal Reserve with grand jury subpoenas threatening criminal charges against Chair Jerome Powell related to his testimony before the Senate Banking Committee last June. “The Trump Administration’s la... Read More »