This week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, held a press conference outside the Supreme Court of the United States ahead of oral arguments in the case involving Federal Reserve Board Governor Cook and the Trump Administration. Waters was joined by Reps. Sean Casten (D-IL), Vice Ranking Member of the Committee on Financial Services; Ju... 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. Yesterday, I was joined by Committee Democrats at the Supreme Court to stand up for the rule of law and defend the independence of our nation’s Central Bank, as Donald Trump and his crooked Administration... 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, “Oversight of the Department of Housing and Urban Development and the Federal Housing Administration.” “Mr. Chairman, after countless calls for hearings, warnings, and questions from Committee Democrats, I am glad this da... Read More »
Following the postponement of a Senate Banking Committee markup on risky crypto legislation scheduled for this week, today Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, Congressman Sean Casten (D-IL), Vice Ranking Member on the Committee, and Congressman Brad Sherman (D-CA), Ranking Member on the Capital Markets Subcommittee, sent a letter to Secur... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force hearing entitled, “Striking the Right Balance Sheet.” “Thank you so very very much. I appreciate so very much Mr. Vargas and Mr. Lucas and this hearing that you have put toge... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee hearing entitled, “Delivering for American Consumers: A Review of FinTech Innovations and Regulations.” “President Trump promised to reduce the cost of living. Instead, unempl... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement in response to reports that the Department of Justice served the Federal Reserve with grand jury subpoenas threatening criminal charges against Chair Jerome Powell related to his testimony before the Senate Banking Committee last June. “The Trump Administration’s la... Read More »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member on the House Financial Services Committee, announced the opening of a Democratic staff investigation that would look into reports that insiders may have illicitly profited from non-public and potentially classified information connected to the Trump Administration’s recent military strike in Venezuela. The strike resulted in the capture of ... Read More »
Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee and Co-Chair of the Congressional Caribbean Caucus, issued the following statement in response to the Trump Administration’s unauthorized military strike in Venezuela, carried out without congressional approval, which reportedly resulted in the seizure of Nicolás Maduro, Venezuela’s former President, and h... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement after a federal court ordered the Trump Administration to continue funding the Consumer Financial Protection Bureau (CFPB) while litigation proceeds, rejecting their latest arguments used to justify efforts to defund and abandon the agency. The ruling marks the late... 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), the Chairman of the Committee, urging him to hold a hearing with the Securities and Exchange Commission (SEC) Chairman, Paul S. Atkins. In the letter, Ranking Member Waters underscored the importance of fulfilling the Committee’s obligation to cond... Read More »
Today, Congresswoman Maxine Waters (D-CA), Ranking Member on the House Financial Services Committee, announced an important victory that she successfully secured in the Fiscal Year 2022 National Defense Authorization Act (NDAA) — legislation that authorizes the federal government to spend money on the nation’s defense. The law includes language that is substantially similar to Ranking Member Water... 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 of the House Judiciary Committee sent a letter to Attorney General Pam Bondi demanding answers about the Trump Administration’s latest maneuver to cripple the Consumer Financial Protection Bureau (CFPB) through the wholesale transfer of th... Read More »
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement after the successful bipartisan passage of the “Housing for the 21st Century Act” out of the Committee. This bill represents a momentous step toward increasing affordable home construction, by expanding local development opportunities and modernizing existing housin... Read More »
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 this week’s full Committee markup. The bills aim to tackle the ongoing housing crisis and address banking challenges by strengthening oversight, promoting competition, and curbing excessive consolidation that leaves communiti... Read More »
