“Treasury estimates that some advisers may manage billions of dollars ultimately controlled by sanctioned entities—entities that threaten our national interests.”
“Treasury’s decision to delay the IA AML Rule compliance date—and potentially revisit the rule’s substance—once again raises significant questions about the Administration’s plans to protect our financial system and the… Read more »
This week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, led Committee Democrats including Representatives Brad Sherman (D-CA), Stephen Lynch (D-MA), Al Green (D-TX), Joyce Beatty (D-OH), Juan Vargas (D-CA), Ayanna Pressley (D-MA), and Sylvia Garcia (D-TX), in a roundtable discussion with former Federal Reserve Vice… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Trump administration’s request that the Supreme Court reverse lower court rulings that have blocked Trump from illegally firing Federal Reserve Board Governor, Dr. Lisa Cook.
“Despite two different courts blocking his attempted illegal firing of… Read more »
Committee Passes Bipartisan Bills, Including Those Led by Democrats to Support Community Banks and Protect Americans Amid Sinking Economy
Committee Republicans Also Pass Dangerous Bills Giving Mega Corporations and Megabanks More Power
This week, the Committee successfully passed a slate of bipartisan bills, including those led by Committee Democrats.
✔ … Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a roundtable conversation with Former Federal Reserve Board Governor and Vice Chair, Dr. Lael Brainard, to examine threats to Fed independence in light of Trump’s attempted removal of Fed Governor Lisa Cook.
“We are here today because the… 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 very much, Mr. Chairman.
Believe it or not, just a few short months ago, the United States economy was the strongest in the world.
Then Trump took office.
And in just 8 months, inflation has now… Read more »
"As a recent headline in the Daily Caller highlighted, 'Trump Admin May Have Accidentally Empowered Cartels To Flood America With Fentanyl, Republican Legal Experts Warn.'"
"It appears that you are implementing a policy directed by the so-called Department of Government Efficiency (DOGE) that facilitates fraud in federal programs..."
Text of Letter (PDF)
Congresswoman Maxine… Read more »
In 2021, Chairman Hill affirmed that members of “both parties should fight for central bank independence.”
Lawmakers urge: “That point is now. We should not sit idly by as mere observers while the President attempts to undermine the Federal Reserve’s independence with any tool he can find.”
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Committee Democrats sent a letter to Acting Inspector General of the Federal Housing Finance Agency, John Allen, requesting an investigation into the propriety of and the process behind FHFA's allegations into Fed Governor Lisa Cook.
In the letter, Ranking Member Waters and… Read more »
Marks SECOND time Committee Republicans have blocked release of Epstein files
Follows Revelation That JPMorgan Chase Enabled Epstein’s International Child Sex Trafficking Ring
Watch the full clip HERE.
Yesterday, Committee Republicans voted to block a move led by Congresswoman Joyce Beatty (D-OH) and Congresswoman Rashida Tlaib (D-MI)… 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, “Proxy Power and Proposal Abuse: Reforming Rule 14a-8 to Protect Shareholder Value.”
“Good morning. Thank you very much, Mr. Chairman.
For years, this Committee has proudly championed the values of… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement after a federal court issued a preliminary injunction to block President Donald Trump’s unlawful and unconstitutional effort to terminate Federal Reserve Governor Lisa Cook.
“This is a victory for our democracy, the rule of law, and the independence of… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to urge a “NO” vote on H.R. 3838, the National Defense Authorization Act (NDAA). Waters blasted Speaker Johnson for blocking amendments offered by Committee Democrats to strengthen consumer protections, safeguard small businesses and community banks, expand… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a National Security, Illicit Finance, and International Financial Institutions Subcommittee hearing entitled, “Evaluating the Financial Crimes Enforcement Network.”
“Thank you, Chairman Davidson and Ranking Member Beatty. While I am pleased to… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement on the 20th anniversary of Hurricane Katrina.
Congresswoman Waters played an instrumental role in the post-storm recovery. Working with other Members of Congress, Waters helped to secure billions for impacted Gulf communities, deliver 3,000 new… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, reintroduced her bill entitled, the “Strengthening Housing Supply Act,” which aims to tackle the nation’s worsening affordable housing crisis. Waters previously introduced this bill in the 118th Congress, H.R. 6948 and in the 117th Congress, H.R. 9522. During the 117th Congress, Waters… Read more »
Today, 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 Institutions and Monetary Policy, Senator Elizabeth Warren (D-MA), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and Senator Ruben Gallego (D-AZ), are demanding answers from Navy… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following President Donald Trump’s late-night attempt to fire Federal Reserve Board Governor, Dr. Lisa Cook.
“This is what authoritarianism looks like. Donald Trump’s attempt to fire Dr. Lisa Cook is a flagrant, dangerous assault on the independence of the… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement in response to President Trump, Federal Housing Finance Agency Director Bill Pulte, and the Department of Justice’s Weaponization Working Group Director Edward R. Martin Jr.’s allegations and attacks on Federal Reserve (Fed) Governor Lisa Cook. The Fed is the… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following a federal appeals court ruling allowing President Donald Trump to resume the mass firings at the Consumer Financial Protection Bureau (CFPB) and continue shuttering the Bureau. This year, Congresswoman Waters led more than 200 Democrats in two amicus… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Muscogee Nation Supreme Court ruling in favor of full citizenship for descendants of Freedmen formerly enslaved by the tribal nation, rejecting the Muscogee Nation attorney general’s attempt to deny their citizenship rights. Congresswoman Waters has… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following President Trump’s Executive Order making it easier for local jurisdictions to remove homeless people from the streets.
“Let me be very clear: forcibly removing people from the streets and institutionalizing them is not just cruel and inhumane, but… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced the following Democratic-led and bipartisan bills that passed during today’s full Committee markup. The bills aim to expand access to financial services, strengthen small businesses, capital formation, and advance national security at home and abroad.
H.R. 4544, the… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following a federal judge’s decision to reinstate former National Credit Union Administration Board members, Todd Harper and Tanya Otsuka, ruling that President Trump’s move to remove the two Democratic appointees in April was illegal.
“I applaud the U.S.… Read more »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced that the House of Representatives passed twelve bipartisan bills under suspension of the rules. This is a procedure generally used to quickly pass bills which enjoy broad, bipartisan support. Next, these bills will await a vote in the Senate.
H.R. 1764, the “Aligning… Read more »
