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In an op-ed published today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, discussed the numerous ways in which the Consumer Financial Protection Bureau (Consumer Bureau) continues to fight for hardworking Americans…
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Waters Statement on Senate Resolution to Block the Trump Administration’s Actions to Ease Sanctions on Companies Tied to Russian Oligarch January 14, 2019 Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement regarding the U.S. Treasury Department’s decision in December to remove sanctions on three Russian companies connected to Russian oligarch Oleg Deripaska: “I am very concerned about the Treasury Department’s actions to lift sanctions on businesses connected to Oleg Deripaska. Deripaska is a Russian oligarch with close ties to Vladimir Putin, who also has a history with... More
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Waters Urges Regulators to Protect Americans Experiencing Financial Hardship Due to Trump Shutdown January 11, 2019 On Thursday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, wrote a letter to Federal Reserve Chairman Jerome Powell, Federal Deposit Insurance Corporation Chairman Jelena McWilliams, Consumer Financial Protection Bureau Director Kathy Kraninger, Comptroller of the Currency Joseph Otting, and National Credit Union Administration Chairman Mark McWatters, urging the regulators to consider the needs of consumers who may be experiencing temporary financi... More
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Waters Statement on the Trump Shutdown’s Impact on Housing in this Country January 10, 2019 Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, made the following statement on the impact of the Trump shutdown on the Department of Housing and Urban Development (HUD), the agency that is responsible for expanding housing opportunities and providing safe, decent, and affordable housing for millions of families across the country: “Today marks the 20th day of the second longest government shutdown in U.S. history. It is shameful that President Tr... More
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Waters: Trump Shutdown is Jeopardizing Integrity of our Financial Markets January 9, 2019 Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee of Financial Services, made the following floor statement in support of H.R. 264, the Financial Services and General Government Appropriations Act of 2019, which would restore funding for federal government agencies to continue their important work on behalf of the American public: Thank you very much Mr. Speaker and Members. I look forward to working with my colleagues on the opposite side of the aisle, but today, I ri... More
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House Chairs Demand Answers On Sanctions Relief For Russian Oligarch January 8, 2019 The chairs of seven committees in the House of Representatives today are calling on the Trump Administration to explain the easing of sanctions on businesses tied to Russian oligarch Oleg Deripaska. In response to a December 19, 2018 notification that the Treasury Department intends to terminate sanctions against three companies tied to Deripaska, the lawmakers wrote Secretary of the Treasury Steven Mnuchin requesting a briefing for Members of Congress and a postponement of the sanctions termina... More
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