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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 to Financial Institutions: Describe Your Activities to Help Customers Affected by the Shutdown January 20, 2019 On Friday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, wrote to the heads of financial services industry trade associations and the largest credit reporting agencies to call on them to describe what their institutions and member companies are doing to help consumers affected by the Trump shutdown. “President Trump’s shutdown of the federal government is inflicting tremendous harm to millions of Americans,” wrote Chairwoman Waters in the letter. “A... More
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Waters Calls Out Carson for Failing to Protect Critical Housing Programs During Trump Shutdown January 18, 2019 Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Ben Carson, Secretary of the U.S. Department of Housing and Urban Development (HUD), demanding that HUD follows its own Contingency Plan during the longest shutdown in U.S. history. In the letter, Chairwoman Waters expressed concerns about HUD’s failure to ensure appropriate responses to emergency situations and adequate funding for housing programs that affect HUD-assisted families,... More
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Waters Statement on the Trump Shutdown’s Impact on the Treasury Department January 18, 2019 Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement on the impact of the Trump shutdown on the U.S. Department of Treasury, the agency that plays a critical role in the U.S. economy including collecting taxes and paying the debts of the United States. “The Trump shutdown is the longest in U.S. history. I remain very concerned about its impact on hardworking Americans and agencies like the Department of Treasury. “The Tre... More
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Waters and McHenry Introduce Bipartisan Legislation to Curb Illegal Insider Trading January 18, 2019 Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and Congressman Patrick McHenry (R-NC), Ranking Member of the House Committee on Financial Services, announced the introduction of H.R. 624, the Promoting Transparent Standards for Corporate Insiders Act, bipartisan legislation which requires the Securities and Exchange Commission (SEC) to consider certain types of amendments to Rule 10b5-1 that would ensure corporate insiders are unable to indire... More
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Waters Applauds House Passage of Resolution of Disapproval to Block the Trump Administration’s Actions to Ease Sanctions on Companies Tied to Russian Oligarch January 17, 2019 Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement applauding House passage of H.J. Res. 30, a Resolution of Disapproval to reverse the U.S. Department of the Treasury’s decision to lift sanctions on companies owned by Russian oligarch Oleg Deripaska. “Today the House overwhelmingly passed H.J. Res. 30, a Resolution of Disapproval which reverses Treasury’s decision to lift sanctions on three companies owned by Oleg Der... More
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