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Waters Announces Committee Victories in 2023 National Defense and Authorization Act

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the victories that the Committee successfully secured in the Fiscal Year 2023 National Defense Authorization Act (NDAA) — foundational legislation that supports our nation’s defense and national security. The law includes several priorities of Members of the Financial Services Committee th...

Waters Delivers Opening Statement at Subcommittee Hearing Examining Private Sector Disclosure of Workforce Management, Investment, and Diversity Data

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following statement at a Subcommittee on Investor Protection, Entrepreneurship and Capital Markets hybrid hearing entitled, “E, S, G and W: Examining Private Sector Disclosure of Workforce Management, Investment, and Diversity Data.” Thank you for holding this important hearing, Chair Sherman...

Waters Delivers Opening Statement at Subcommittee Hearing on the Role of Financial Institutions in the Horrors of Slavery and the Need for Atonement, Part Two

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following statement at a Subcommittee on Oversight & Investigations hybrid hearing entitled, “An Enduring Legacy: The Role of Financial Institutions in the Horrors of Slavery and the Need for Atonement, Part Two.” Thank you, Chairman Green. At your previous hearing on this topic, we discussed...

Waters Secures Key Committee Provisions in 2023 National Defense and Authorization Act

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced that the Committee successfully secured key provisions in the latest text of the National Defense Authorization Act (NDAA) for Fiscal Year 2023 — foundational legislation that supports our nation’s defense and national security. The package will soon go to the House of Representatives for ...

Waters Delivers Opening Statement at Subcommittee Hearing Reviewing the Progress Made and a Plan to Achieve Full Economic Inclusion for Every American

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following statement at a Subcommittee on Diversity and Inclusion hearing entitled, “Unfinished Business: A Review of Progress Made and a Plan to Achieve Full Economic Inclusion for Every American.” Thank you very much, Ms. Garcia. As we approach the end of the 117th congress, I’m reflecting o...

Waters Delivers Opening Statement at Full Committee Hearing on The Need for Bold Investments in Fair and Affordable Housing to Combat Inflation

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following statement at a full Committee hearing entitled, “Boom and Bust: The Need for Bold Investments in Fair and Affordable Housing to Combat Inflation.” Good morning, everyone. First, I'd like to say that I am incredibly proud that this Committee has made it a top priority to ensure every...

Waters Announces December 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 December: Thursday, December 1 at 10 a.m. ET: The full Committee will convene for a hybrid hearing entitled, “Boom and Bust: The Need for Bold Investments in Fair and Affordable Housing to Combat Inflation.” Tuesday, December 6 at 10 a.m. ET: The Sub...

Chairwoman Waters Congratulates Acting Chair Marty Gruenberg on Nomination as FDIC Chair

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services released this statement following the Biden administration’s nomination of Martin Gruenberg to be chairman of the Federal Deposit Insurance Corporation (FDIC): “I want to congratulate Acting Chair Martin Gruenberg on his nomination by President Biden to serve as chairman of the Federal Deposit Insura...

ICYMI: Chairwoman Waters Presses Nation’s Regulators on FTX Collapse, Efforts to Protect Communities

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, convened a full committee hearing entitled, “Oversight of Prudential Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions.” As it stands, America’s workers, small businesses, and communities are feeling the impacts of persistent inflation, an ongoing C...

Waters Delivers Opening Statement at Full Committee Hearing on Oversight of Prudential Regulators

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following statement at a full Committee hearing entitled, “Oversight of Prudential Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions.” Good morning, everyone. I would like to welcome Vice Chair Barr, Acting Chairman Gruenberg, Chairman Harper...

Chairwoman Waters, Ranking Member McHenry Announce December Hearing to Investigate FTX Collapse

| Posted in Press Releases

Today, the Chairwoman of the House Financial Services Committee, Congresswoman Maxine Waters (D-CA), and the Ranking Member of the House Financial Services Committee, Congressman Patrick McHenry (R-NC), announced a bipartisan hearing into the collapse of FTX and the broader consequences for the digital asset ecosystem. In December, the Committee expects to hear from the companies and individuals i...

Waters Delivers Opening Statement at Subcommittee Hearing Examining U.S. Capital Flows to Foreign Rivals and Adversaries Around the World

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA) Chairwoman of the House Committee on Financial Services, delivered the following statement at a Subcommittee on Investor Protection, Entrepreneurship and Capital Markets hearing entitled, “Investing in our Rivals: Examining U.S. Capital Flows to Foreign Rivals and Adversaries Around the World.” Each year, billions of dollars of capital from the U.S. are invested ...

Waters Delivers Opening Statement at Subcommittee Hearing on Addressing Chronic Disinvestment in Colonias, the Southern Black Belt, and the U.S. Territories

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA) Chairwoman of the House Committee on Financial Services, delivered the following statement at a subcommittee hearing on Housing, Community Development and Insurance entitled, “Persistent Poverty in America: Addressing Chronic Disinvestment in Colonias, the Southern Black Belt, and the U.S. Territories.” Thank you very much Mr. Cleaver for this hearing. Over 1.7 m...

Waters Announces November 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 November: Tuesday, November 15 at 10 a.m. ET: The Subcommittee on Housing, Community Development, and Insurance will convene for a hybrid hearing entitled, “Persistent Poverty in America: Addressing Chronic Disinvestment in Colonias, the U.S. Territo...

Chairwoman Waters Expresses Concern over HUD’s Draft Solicitation for Housing Assistance Payments, Urges Protection of Federally Assisted Housing Stock

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to the Department of Housing and Urban Development (HUD) expressing concerns about HUD’s current draft solicitation for Housing Assistance Payments (HAP) Contract Support Services and its negative impact on mission-driven Performance Based Contract Administrators (PBCAs), like LA LOMOD Co...

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