“Treasury estimates that some advisers may manage billions of dollars ultimately controlled by sanctioned entities—entities that threaten our national interests.” “Treasury’s decision to delay the IA AML Rule compliance date—and potentially revisit the rule’s substance—once again raises significant questions about the Administration’s plans to protect our financial system and the American people.”... Read More »

This week, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, led Committee Democrats including Representatives Brad Sherman (D-CA), Stephen Lynch (D-MA), Al Green (D-TX), Joyce Beatty (D-OH), Juan Vargas (D-CA), Ayanna Pressley (D-MA), and Sylvia Garcia (D-TX), in a roundtable discussion with former Federal Reserve Vice Chair Dr. Lael Brainard to exam... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the Trump administration’s request that the Supreme Court reverse lower court rulings that have blocked Trump from illegally firing Federal Reserve Board Governor, Dr. Lisa Cook. “Despite two different courts blocking his attempted illegal firing of Federal Reser... Read More »

Committee Passes Bipartisan Bills, Including Those Led by Democrats to Support Community Banks and Protect Americans Amid Sinking Economy Committee Republicans Also Pass Dangerous Bills Giving Mega Corporations and Megabanks More Power This week, the Committee successfully passed a slate of bipartisan bills, including those led by Committee Democrats. ✔ H.R. 5344, the “Kleptocracy Asset Recovery R... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a roundtable conversation with Former Federal Reserve Board Governor and Vice Chair, Dr. Lael Brainard, to examine threats to Fed independence in light of Trump’s attempted removal of Fed Governor Lisa Cook. “We are here today because the President of the ... 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 very much, Mr. Chairman. Believe it or not, just a few short months ago, the United States economy was the strongest in the world. Then Trump took office. And in just 8 months, inflation has now climbed up to 2.9%—well a... Read More »

"As a recent headline in the Daily Caller highlighted, 'Trump Admin May Have Accidentally Empowered Cartels To Flood America With Fentanyl, Republican Legal Experts Warn.'" "It appears that you are implementing a policy directed by the so-called Department of Government Efficiency (DOGE) that facilitates fraud in federal programs..." Text of Letter (PDF) Congresswoman Maxine Waters (D-CA), Ranking... Read More »

In 2021, Chairman Hill affirmed that members of “both parties should fight for central bank independence.” Lawmakers urge: “That point is now. We should not sit idly by as mere observers while the President attempts to undermine the Federal Reserve’s independence with any tool he can find.” Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee and Co... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, and Committee Democrats sent a letter to Acting Inspector General of the Federal Housing Finance Agency, John Allen, requesting an investigation into the propriety of and the process behind FHFA's allegations into Fed Governor Lisa Cook. In the letter, Ranking Member Waters and Committee Democrat... Read More »

Marks SECOND time Committee Republicans have blocked release of Epstein files Follows Revelation That JPMorgan Chase Enabled Epstein’s International Child Sex Trafficking Ring Watch the full clip HERE. Yesterday, Committee Republicans voted to block a move led by Congresswoman Joyce Beatty (D-OH) and Congresswoman Rashida Tlaib (D-MI) to subpoena the Treasury Department for unredacted documents re... 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, “Proxy Power and Proposal Abuse: Reforming Rule 14a-8 to Protect Shareholder Value.” “Good morning. Thank you very much, Mr. Chairman. For years, this Committee has proudly championed the values of capitalism and the free... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement after a federal court issued a preliminary injunction to block President Donald Trump’s unlawful and unconstitutional effort to terminate Federal Reserve Governor Lisa Cook. “This is a victory for our democracy, the rule of law, and the independence of the Federal... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, took to the House floor to urge a “NO” vote on H.R. 3838, the National Defense Authorization Act (NDAA). Waters blasted Speaker Johnson for blocking amendments offered by Committee Democrats to strengthen consumer protections, safeguard small businesses and community banks, expand affordable hous... Read More »

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following statement during a National Security, Illicit Finance, and International Financial Institutions Subcommittee hearing entitled, “Evaluating the Financial Crimes Enforcement Network.” “Thank you, Chairman Davidson and Ranking Member Beatty. While I am pleased to welcome back... Read More »

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 »