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 vouchers to house h... 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 also succe... 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 Federal Cr... 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 Federal Reserve ... 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 central bank ... 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 briefs defen... 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 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 »