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Waters on Reviewing the Federal Reserve’s Emergency Lending Powers: We Must Ensure the Fed’s Actions Reach Main Street

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on National Security, International Development and Monetary Policy hybrid hearing, entitled, “Lending in a Crisis: Reviewing the Federal Reserve’s Emergency Lending Powers During the Pandemic and Examining Proposals to Address Future Economic Crises.” Thank y...

Waters and Committee Democrats Pass Legislation to Expedite Emergency Rental Assistance to Renters and Landlords

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Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a statement following the passing of her legislation, H.R. 5156, the ‘‘Expediting Assistance to Renters and Landlords Act of 2021,” by the House Committee on Financial Services, which will reform the Emergency Rental Assistance (ERA) program. The bill passed the Committee by a vote of 28-22. “Even be...

Waters Endorses Nomination of Sandra L. Thompson as Director of FHFA

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a statement calling for Federal Housing Finance Agency (FHFA) Acting Director Sandra Thompson to be nominated to lead the agency. “Today, I call on President Biden to nominate Sandra L. Thompson as Director of the Federal Housing Finance Agency (FHFA). As an independent agency, the FHFA has a ...

Waters Announces Updates to September Committee Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of September: September 21 at 10:00 AM ET: The Task Force on Financial Technology will convene for a hybrid hearing entitled, “Preserving the Right of Consumers to Access Personal Financial Data.” POSTPONED: The Subcommittee on Investor Protection, Entr...

Committee Passes Legislation to Expedite Emergency Rental Assistance and Provide Protections for Descendants of Black Native American Freedmen

| Posted in Press Releases

Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed bills to expedite emergency rental assistance and reauthorize the Native American Housing Assistance and Self-Determination Act with protections for descendants of Black Native American Freedmen. The following bill passed the Committee by a vote of 35-15. H.R. 5195, the “Native American Housing Assistance...

Committee Passes Build Back Better Agenda to Provide Long-Overdue Investments in Housing Resources

| Posted in Press Releases

Today, the House Financial Services Committee passed the Financial Services Committee Title of the Build Back Better Act to provide long-overdue investments in housing resources, such as affordable housing, downpayment assistance, and efforts to end homelessness. The following bill passed the Committee by a vote of 30-24. The Build Back Better Act is a bill that would provide $322 billion in fundi...

Waters Opening Statement at September Full Committee Markup to Advance the Build Back Better Act and Critical Housing Legislation

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a full Committee hybrid markup. Today, this Committee will mark up a key part of the President’s Build Back Better agenda, legislation that will provide a critical investment of $322 billion toward our nation’s affordable housing infrastructure. For the first ...

Waters on Expediting Emergency Rental Assistance to Renters and Landlords: Our Work Is Not Done

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hearing entitled, “Protecting Renters During the Pandemic: Reviewing Reforms to Expedite Emergency Rental Assistance to Renters and Landlords.” From the very beginning of this pandemic, I have sounded the alarm about the urgent need for congressional action ...

Waters Announces September Committee Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of September: September 10 at 12:00 PM ET: The full Committee will convene for a virtual hearing entitled: “Protecting Renters During the Pandemic: Reviewing Reforms to Expedite Emergency Rental Assistance.” September 13 at 12:00 PM ET: The full Committ...

Waters Details Plans to Reform the Emergency Rental Assistance Program and Expedite Aid to Renters and Landlords

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee sent a Dear Colleague letter informing Members of Congress of her plans to move Emergency Rental Assistance Reform legislation that would allow renters and landlords to quickly receive much needed relief. “Last night the Supreme Court, along partisan lines, decided that the CDC eviction moratorium in ar...

Waters Statement on Supreme Court Decision to End CDC Eviction Moratorium

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, issued the following statement following a 6-3 Supreme Court decision that ended the Centers for Disease Control and Prevention (CDC) eviction moratorium. “Tonight, the Supreme Court, along partisan lines, decided that the CDC eviction moratorium in areas experiencing high rates of COVID-19 could no...

Waters Floor Statement in Support of President Biden’s Build Back Better Plan

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement on the House floor in support of the rule, which would pass the House’s budget resolution. Thank you so very much. I am very appreciative for the time that I’ve been afforded. And I rise in support of the rule, which would pass the House’s budget resolution. The budget r...

Waters Applauds SEC’s Approval of a National Stock Exchange Rule to Require Diversity Data Reporting

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the Securities and Exchange Commission’s approval of a proposed rule that would require companies listed on a national stock exchange to meet gender and racial diversity requirements and provide diversity data of their board members. “As Chairwoman of the Financia...

Waters Urges Federal Agencies and Bank Regulators to Strengthen and Enforce Foreclosure Protections for Homeowners

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent two letters to federal agencies and banking regulators urging them to strengthen foreclosure and mortgage servicing protections for borrowers and provide greater oversight to prevent unnecessary foreclosures during the pandemic. In a letter to the U.S. Department of Housing and Urban Development (...

Waters Urges Administration to Target Burma Military Junta’s Access to Oil and Gas Revenues

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Janet Yellen, Secretary of the U.S. Department of Treasury, urging the Administration to impose immediate sanctions on Burma’s state-owned energy firm, the Myanmar Oil and Gas Enterprise, in order to prevent the military junta from accessing hundreds of millions of dollars in gas reve...



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