Today, Congresswoman Maxine Waters (D-CA), the Ranking Member on the House Financial Services Committee, and U.S. Senator Elizabeth Warren (D-MA), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, sent a letter to Treasury Secretary Scott Bessent and Bureau of Engraving and Printing (BEP) Acting Director Michael Brown, calling for a robust and timely… 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: “Strengthening the American Economy: Promoting Growth, Opportunity, and Prosperity.” Thank you very much, Mr. Chairman. I really should be angry about what is happening in this country and with this economy. But… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congressman Brad Sherman (D-CA), Ranking Member on the Capital Markets Subcommittee, sent a letter to the Federal Emergency Management Agency (FEMA) Administrator Cameron Hamilton requesting an update and urging the immediate release of hazard mitigation funds for critical recovery… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement after U.S. District Judge David O. Carter temporarily blocked the Trump Administration from suspending the Los Angeles Homeless Services Authority (LAHSA) from federal homelessness grant programs, protecting approximately $241 million in dedicated federal… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, along with 20 Committee Democrats sent a letter to Securities and Exchange Commission (SEC) Chairman Paul Atkins, demanding an immediate investigation of reports that Trump Media & Technology Group plans to sell Wall Street trading firms advantageously-timed, machine-readable… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congressional Equality Caucus Chair Mark Takano (D-CA) sent a letter to U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner signed by over 110 House Democrats urging the immediate withdrawal of HUD’s proposed rule, “Equal Access to Housing in HUD Programs… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following testimony before the House Rules Committee in opposition to H.R. 6955, ‘the Main Street Capital Access Act,’ a  Republican Wall Street deregulation package: Thank you, Chair Fox. We all care about community banks and credit unions.  For that… Read more »

WASHINGTON, D.C. - Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a full Committee hearing entitled, “The Semi-Annual Report of the Bureau of Consumer Financial Protection.” Mr. Vought, for a year and a half, Committee Democrats have demanded answers while you have refused to provide… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a full Committee hearing entitled, “The Federal Reserve’s Semi-Annual Monetary Policy Report.”  Chairman Warsh, you are taking the helm of the Federal Reserve at an important moment. Congress designed the Fed to stand apart… Read more »

Tonight, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement after the “21st Century ROAD to Housing Act”— an overwhelmingly bipartisan landmark housing package aimed at increasing affordable housing supply, lowering housing costs, expanding homeownership opportunities, and strengthening housing programs—became the… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, launched a formal Request for Information (RFI) inviting consumer advocates, industry experts, regulators, and the public to submit feedback on the use of Artificial Intelligence (AI) in the financial marketplace.  The RFI is part of the Committee's ongoing work to examine how AI… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Securities and Exchange Commission (SEC) Chairman Paul Atkins seeking information about the agency’s efforts to prevent foreign stock manipulation schemes that have cost American investors billions of dollars. In the letter, Ranking Member Waters raises concerns… 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.   Last week, Donald Trump had a chance to do something that would have made a real difference in the lives of millions of Americans. He could have signed the most significant… 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. Supreme Court blocked President Donald Trump's attempt to remove Federal Reserve Governor Lisa Cook while her case plays out, while separately overturning a 91-year old precedent that was a cornerstone of the independence of many Federal… Read more »

This week, Congresswoman Maxine Waters (D-CA), the Ranking Member on the House Financial Services Committee, sent a letter to Department of Labor Acting Secretary Keith Sonderling, urging him to withdraw its proposed rule, Fiduciary Duties in Selecting Designated Investment Alternatives, warning that it would expose the retirement savings of millions of American workers to risky… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, House Democratic Leader Hakeem Jeffries (D-NY), House Democratic Whip Katherine Clark (D-MA), House Democratic Caucus Chair Pete Aguilar (D-CA), and Congressman Emanuel Cleaver, II (D-MO) Ranking Member on the Housing and Insurance Subcommittee, released the following statement on… Read more »

       This week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, joined Senator Elizabeth Warren (D-MA), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, Democratic Whip Katherine Clark (D-MA), Senate Democratic Leader Chuck Schumer (D-NY), and House and Senate Democrats at a press… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to speak in support of H.R. 6644, the “21st Century ROAD to Housing Act,” a landmark bipartisan legislative package aimed at addressing the nationwide housing supply shortage and affordability crisis. “I rise in support of H.R. 6644, the ‘21st Century ROAD… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congressman French Hill (R-AR), Chairman of the Committee, issued the following statement after the House passed the ‘21st Century ROAD to Housing Act,’ a sweeping bipartisan, bicameral housing package designed to increase housing supply, expand homeownership opportunities,… Read more »

This week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Congressman French Hill (R-AR), Chairman of the Committee issued the following statements after the Senate passed the ‘21st Century ROAD to Housing Act. The legislation represents one of the most significant bipartisan housing packages advanced by Congress in recent years and… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement on the Senate's passage of a bicameral, bipartisan compromise on H.R. 6644, the “21st Century ROAD to Housing Act”: “For years, I have fought to address our nation's worsening affordable housing crisis and to expand access to safe and secure housing… Read more »

Today, Congresswoman Maxine Waters (D-CA), the Ranking Member on the House Financial Services Committee, and Congressman Jamie Raskin (D-MD), the Ranking Member on the House Judiciary Committee, sent a letter to Fidelity, Vanguard, and Charles Schwab, demanding answers following reports that the firms restricted charitable donations to the Southern Poverty Law Center (“SPLC”). In the… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to the Chief Executive Officers of leading U.S. financial institutions, including JPMorgan Chase, Citigroup, Bank of America, Morgan Stanley, Wells Fargo, and Goldman Sachs, demanding an immediate briefing on how they are addressing newly discovered cybersecurity… Read more »

Today, Congresswoman Maxine Waters (D-CA), Ranking Member on the House Financial Services Committee, issued the following statement commending S&P Dow Jones Indices and its Index Committee for declining to weaken the eligibility rules for the S&P 500, S&P mid-cap 400, and S&P small-cap 600, the benchmarks underpinning the retirement savings of tens of millions of American… Read more »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to Congressman French Hill (R-AR), Chair of the Committee, demanding an immediate hearing with Federal Housing Finance Agency (FHFA) Director Bill Pulte following President Trump’s decision to install Pulte as Acting Director of National Intelligence (DNI) while he… Read more »