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 long led ... 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 also blatantly ... 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 “American Access to ... 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. District Judge fo... 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 SEC Regulations for... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, personally delivered a letter to Chairman French Hill (R-AR) during a full Committee Markup, urging him to comply with the Committee’s legal obligation under the Dodd-Frank Act requiring the Consumer Financial Protection Bureau (CFPB) Director to appear before Congress for a semi-annual report. T... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement in response to reports that the U.S. Department of Housing and Urban Development (HUD) is preparing to drop seven major investigations and cases against local and state governments across the U.S. concerning alleged discriminatory housing practices. “The Trump Adm... Read More »
Committee Republicans just voted to block an amendment from Congresswoman Rashida Tlaib (D-MI) which would have forced the release of Jeffrey Epstein’s financial files, and particularly details about his shady and suspicious financial transactions. Recent reports revealed billions of dollars in payments to women, including those in Belarus and Russia. Unfortunately, Committee Republicans voted to ... 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 markup. “Good morning and thank you Mr. Chairman. Today, we are marking up a series of bills. While I’m encouraged that many are bipartisan, I’m deeply concerned that a few proposals from my Republican colleagues will worsen econom... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, reintroduced H.R. 4551, the “Employee Paycheck and Small Business Protection Act.” This bill would update the deposit insurance framework for business payment accounts to ensure small businesses can bank with community financial institutions and continue to pay their employees, even if their bank... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced the introduction of H.R. 4544, the “American Access to Banking Act.” This bill is designed to promote the creation of new community banks and credit unions known as de novo depository institutions. This includes new Minority Depository Institutions, Community Development Financial Insti... Read More »
On the fifth and final day of Anti-Crypto Corruption Week, Ranking Member Maxine Waters and Committee Democrats are doing a deep dive into Trump’s staggering personal fortune made solely from his crypto schemes—$1.2 billion and counting, according to a Forbes investigation. Source: Forbes From day 1 in office, Trump has been doing everything in his power to ensure crypto watchdogs were put down an... Read More »
Today Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House Floor to blast H.R. 1919, the Republicans’ so-called “Anti-CBDC Surveillance State Act,” a bill that would immediately halt and prohibit the United States from exploring the potential benefits of a central bank digital currency, or CBDC. “Over the hours, we will hear arguments fr... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to blast S. 1582, the Republicans’ so-called “GENIUS Act.” This bill lacks critical provisions to maintain the longstanding separation of banking and commerce, protect consumers, preserve our national security, promote financial stability, and importantly, fails to address... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to blast H.R. 3633, Republicans’ so called “CLARITY Act.” The bill presents several serious risks: it exposes consumers to exploitation by bad actors in the crypto industry, undermines national security, and ignores Donald Trump’s escalating conflicts of interest tied to h... Read More »
