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Ranking Member Maxine Waters Urges Department of Labor to Withdraw Proposal That Would Put Americans’ Retirement Savings at Risk

| Posted in Press Releases

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 investments while ...

Ranking Member Maxine Waters, Jeffries, Aguilar, Clark and Cleaver, Statements on President Trump Abandoning Landmark Bipartisan Housing Legislation

| Posted in Press Releases

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 President Trump...

ICYMI: Ranking Member Maxine Waters Rails Against Trump’s Refusal to Sign Historic Housing Package—the 21st Century ROAD to Housing Act—Into Law

| Posted in Press Releases

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 conference condemning President Trump's abrupt,...

Ranking Member Maxine Waters Floor Statement in Support of Landmark Bipartisan Housing Legislation: “This Bill Represents the Most Significant Housing Reform Package In Decades and Will Finally Get America Back on Track to Building Affordable Housing.”

| Posted in Press Releases

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 to Housing Act,’...

Ranking Member Maxine Waters and Chairman French Hill Celebrate Final Passage of Historic Bipartisan, Bicameral Housing Package

| Posted in Press Releases

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, strengthen housing...

Waters, Hill Applaud Senate Passage of 21st Century ROAD to Housing Act

| Posted in Press Releases

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 includes doz...

Ranking Member Maxine Waters Secures Bipartisan, Bicameral Deal to Get Critical Housing Bill Across the Finish Line: It’s Time to Get America Back to Building Affordable Housing

| Posted in Press Releases

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 for families a...

Ranking Members Maxine Waters and Jamie Raskin Demand Answers from Major Financial Institutions Following Reports of Restrictions on Donations to Southern Poverty Law Center

| Posted in Press Releases

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 letter, the R...

Ranking Member Maxine Waters Calls for Urgent Briefing from Top U.S. Financial Institutions on Emerging Cybersecurity Threats Identified by Mythos

| Posted in Press Releases

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 vulnerabilities lin...

Ranking Member Maxine Waters Applauds S&P For Refusing to Lower Standards for America’s Benchmark Indices

| Posted in Press Releases

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 workers and retirees. “I ...

Ranking Member Maxine Waters Urges Chair Hill to Call Immediate Hearing with FHFA Director Bill Pulte Following Alarming Trump Appointment as Acting Director of National Intelligence

| Posted in Press Releases

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 continues serving...

Ranking Member Maxine Waters: “Committee Democrats Are Focused on Lowering Costs for Working Families and Ensuring Americans Can Access Affordable Mortgages, Small Business Loans, and Financial Products.”

| Posted in Press Releases

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, “Oversight of Prudential Regulators.” “Good morning. Trump’s reckless and unlawful war in Iran has cost every American $450 more at the gas pump. In parts of my district, gas is nearly $7 a gallon. Yet, when asked...

Ranking Member Maxine Waters, Chairman French Hill, Representatives Cleaver and Flood, Lead the Overwhelmingly Bipartisan House Passage of H. Res. 1299, the “21st Century ROAD to Housing Act,” and Urge Senate Passage

| Posted in Press Releases

This week, the House passed the “21st Century ROAD to Housing Act,” led by the House Committee on Financial Services Ranking Member Maxine Waters (D-CA), Chairman French Hill (R-AR), Subcommittee on Housing and Insurance Ranking Member Emanuel Cleaver (D-MO), and Subcommittee on Housing and Insurance Chair Mike Flood (R-NE). The Members issued the following statements after the House passed by a ...

Ranking Member Maxine Waters Statement on the Passing of Former Congressman and House Financial Services Committee Chairman Barney Frank

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement after the passing of former Congressman and Chairman of the House Financial Services Committee, Barney Frank: “Barney Frank was a transformational force in Congress, a brilliant legislator, and one of the most fearless champions for working people and communities I ...

Ranking Member Maxine Waters Floor Statement in Support of Landmark Bipartisan Housing Legislation: “Our Housing Bill Is the Most Comprehensive Housing Reform Bill in a Generation and Is a Huge Step Towards Finally Addressing the Affordable Housing and Homelessness Crises in Our Country.”

| Posted in Press Releases

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. Res. 1299, a resolution amending 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. Res. 1299, ...

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