Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Supreme Court ruling in Securities and Exchange Commission (SEC) v. Jarkesy and Loper Bright Enterprises v. Raimondo. “This week the Supreme Court significantly weakened the ability of the federal government to protect our consumers and investors, our housing... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Supreme Court’s ruling in the case of Gloria Johnson v. City of Grants Pass, Oregon to determine whether local government policies that ban sleeping or “camping” in public spaces without alternative shelter violate Constitutional protections against cruel and... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Housing and Insurance Subcommittee hearing entitled, “Housing Oversight: Testimony of the HUD and FHFA Inspectors General.” Thank you very much, Mr. Chairman. Housing is the number one domestic issue and a priority for voters across the political... Read More »
Read the full NBC story below. The Texas man who was indicted last year and accused of threatening to kill Rep. Maxine Waters, D-Calif., in a series of phone calls has been sentenced to 33 months in federal prison, federal officials announced Monday. Brian Michael Gaherty, 61, of Houston, was sentenced Monday and fined $10,000, according to the U.S. Attorney’s Office for the Central District of Ca... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to the United States Department of Justice (DOJ), including Attorney General Merrick B. Garland, Assistant Attorney General Kristen Clarke, and Attorney for the Central District California E. Martin Estrada, as well as Acting Comptroller Michael Hsu of the Office of the Comptroller ... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released a statement applauding President Biden’s nomination of Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero to serve as Chair of the Federal Deposit Insurance Corporation (FDIC). “I applaud President Biden for his decision to nominate CFTC Commissioner Christ... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released a statement applauding President Biden’s nomination of Commodity Futures Trading Commission (CFTC) Commissioner Kristin Johnson to serve as Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury. “I applaud President Biden for his decision to nominate CFTC ... 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 Semi-Annual Report of the Bureau of Consumer Financial Protection.” Thank you very much, Mr. Chairman. And first, let me say to Director Rohit Chopra, thank you for your patience this morning. I know that you... Read More »
Last week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee led Committee Democrats, including Representatives Joyce Beatty (D-OH), Juan Vargas (D-CA), and Steven Horsford (D-NV) on a trip to Silicon Valley, California to explore the intersection of Artificial Intelligence (AI), tech, and financial services, and to better understand how venture capita... 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, “Oversight of the FDIC’s Failed Leadership and Toxic Workplace Culture.” Good morning. Thank you to our witnesses for being here today, including Acting Comptroller Hsu who testified just a few weeks ago. As Commi... Read More »
Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee and Senator Elizabeth Warren (D-MA), Chair of the Senate Banking Subcommittee on Economic Policy, led 36 lawmakers in a letter to the Securities and Exchange Commission (SEC) urging the SEC to remain focused on the risk that climate change poses to investors. Among other calls to action, the letter urges... Read More »
House Financial Services Committee Ranking Member Maxine Waters (D-CA), House Veterans’ Affairs Committee (HVAC) Ranking Member Mark Takano (D-CA), and HVAC Economic Opportunity Subcommittee Ranking Member Mike Levin (D-CA) have introduced the End Veteran Homelessness Act of 2024. This legislation will help reduce casework bottlenecks and expand eligibility for the HUD-VA Supportive Housing (HUD-V... Read More »
Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, alongside Congressman French Hill (R-AR), and House Foreign Affairs Committee Ranking Member Congressman Gregory Meeks (D-NY), sent a letter to Treasury Secretary Janet Yellen and Secretary of State Antony Blinken urging for the swift and full implementation of the Rebuilding Prosperity and Opportunity ... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to oppose H.R. 5403, the “CDBC Anti-Surveillance State Act,” which would prohibit the issuance of a central bank digital currency and prohibit the Federal Reserve from holding bank reserves that are critical to operating payment systems and combatting inflation. I rise in ... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to oppose the “Not Fit For Purpose Act,” which is a bill that would significantly restrict the regulatory authority of the Securities and Exchange Commission and eliminate all rules for the crypto industry. I rise in strong opposition to H.R. 4763, which I am calling the “... Read More »
