This week, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement on the House floor urging the passage of H.R. 1187 the Corporate Governance Improvement and Investor Protection Act. This bill provides key protections to investors by requiring that companies provide environmental, social, and governance information that can assist ... Read More »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement on the Republican efforts that prevented the passage of the LGBTQ Business Equal Credit Enforcement and Investment Act (H.R. 1443), a bill by Financial Services Committee Member Representative Ritchie Torres (D-NY) that would provide transparency and promote fair lending... Read More »
This week, the U.S. House of Representatives passed three bipartisan bills introduced by House Financial Services Committee Members. The House passed the following bill by a vote of 406-21. To award four congressional gold medals to the United States Capitol Police and those who protected the U.S. Capitol on January 6, 2021 (H.R. 3325), a bill by House Speaker Nancy Pelosi (D-CA). The House passed... Read More »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at the Subcommittee on Housing, Community Development and Insurance virtual hearing entitled, “Flexible Federal Funding: Examining the Community Development Block Grant Program and Its Impact on Addressing Local Challenges.” Thank you very much, Chairman Cleaver. I want ... Read More »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced at the first hearing held by the Task Force on Financial Technology that she has organized a Digital Assets Working Group of Democratic Members. “As cryptocurrencies, central bank digital currencies and other digital assets enter the mainstream, the Committee will look at how digital asset... Read More »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at the White House, where she was joined by Vice President Kamala Harris, Treasury Secretary Janet Yellen, Senator Mark Warner (D-VA), and Opportunity Finance Network President and CEO Lisa Mensah, on the initial release of funds secured by Congresswoman Waters as part o... Read More »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at the Task Force for Financial Technology virtual hearing entitled, “Digitizing the Dollar: Investigating the Technological Infrastructure, Privacy, and Financial Inclusion Implications of Central Bank Digital Currencies.” Thank you very much, Chair Lynch. Today’s heari... Read More »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the U.S. Department of Housing and Urban Development’s (HUD) efforts to restore the Affirmatively Furthering Fair Housing Rule. “I am pleased that Secretary Fudge has begun to reverse the previous administration’s actions that gutted the Affirmatively Furthering F... Read More »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following closing statement at a full Committee virtual hearing entitled, “Universal Vouchers: Ending Homelessness and Expanding Economic Opportunity in America.” Today’s hearing has highlighted the need to move forward urgently on legislation to make Housing Choice Vouchers universally ava... Read More »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of June: June 9 at 12:00 PM ET: The full Committee will convene for a virtual hearing entitled, “Universal Vouchers: Ending Homelessness and Expanding Economic Opportunity in America.” June 15 at 10:00 AM ET: The Task Force on Financial Technology will ... Read More »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee virtual hearing entitled, “Holding Megabanks Accountable: An Update on Banking Practices, Programs and Policies.” Good Afternoon. Today, this Committee convenes for a hearing entitled, “Holding Megabanks Accountable: An Update on Banking Practices, Pr... Read More »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at the Subcommittee on Oversight and Investigations virtual hearing entitled, “Consumer Credit Reporting: Assessing Accuracy and Compliance.” Thank you very much, Mr. Green for holding this important hearing on credit reporting. In February 2019, one of the first hearing... Read More »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement a Subcommittee on Investor Protection, Entrepreneurship and Capital Markets virtual hearing entitled, “Going Public: SPACs, Direct Listings, Public Offerings, and the Need for Investor Protections.” Thank you, Chair Sherman. Special purpose acquisition companies, known a... Read More »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following updates to the hearing schedule for the month of May: May 24 at 12:00 PM ET: The Subcommittee on Investor Protection, Entrepreneurship and Capital Markets will convene for a virtual hearing entitled, “Going Public: SPACs, Direct Listings, Public Offerings, and the Need for In... Read More »
This week, the U.S. House of Representatives passed seven bipartisan House Financial Services Committee bills. The House passed the following bills along with other measures en bloc by a vote of 350-75: The Financial Inclusion in Banking Act (H.R. 1711), a bill by Representative David Scott (D-GA), which would direct the Consumer Financial Protection Bureau’s (CFPB) Office of Community Affairs to ... Read More »
