News List

Waters Opening Statement at Historic Hearing on Homelessness

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, convened the first Committee hearing of the 116th Congress and the Committee’s first ever full Committee hearing on the issue of homelessness in this country. For years, Committee Democrats have worked to bring attention to the homelessness crisis and have put forth proactive solutions to address this ... Read more »

Waters Pushes for Committee Bipartisanship

| Posted in Press Releases

Today, in response to a letter from Patrick McHenry (R-NC), Ranking Member of the House Financial Services Committee, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, invited the Ranking Member to work with Committee Democrats to enact meaningful change and address the many difficult problems facing our country today. “In the 116th Congress, the Committe... Read more »

Waters and Cleaver Express Concerns About Nomination of David Malpass to Lead World Bank

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congressman Emanuel Cleaver (D-MO), Chair of the Subcommittee on National Security, International Development, and Monetary Policy, issued the following statements on the nomination of David Malpass, Under Secretary of the Treasury for International Affairs, to serve as President of the World Bank.... Read more »

Waters Statement on Proposed SunTrust/BB&T Merger

| Posted in Press Releases

Today, following the announcement that SunTrust and BB&T plan to merge, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement: “Last Congress, I and other Democrats warned that S.2155, which Republicans claimed to be a bill to benefit community banks, was in fact a broader deregulatory giveaway to large banks that would fuel merge... Read more »

Waters and Green Request Documents from Consumer Bureau on Recent Settlements

| Posted in Press Releases
Tags: CFPB

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and Congressman Al Green (D-TX), Chairman of the Subcommittee on Oversight and Investigations, wrote to Consumer Financial Protection Bureau Director Kathy Kraninger to request documents relating to recent settlements that do not require companies that have violated the law to provide redress to con... Read more »

Waters Blasts CFPB Giveaway to Predatory Payday Loan Sharks

| Posted in Press Releases
Tags: CFPB

Today, in response to the Consumer Financial Protection Bureau’s announcement that it is reconsidering its 2017 Payday, Small-Dollar, and Car Title rule that would put a stop to abusive payday loans, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement: “I am deeply troubled by the Consumer Bureau’s proposal to gut a much-needed r... Read more »

Chairwoman Waters Announces February Hearings

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of February. Tuesday, February 12 at 10:00 AM – The full Committee will convene a hearing entitled, “The Use of Sanctions and Economic Statecraft in Addressing U.S. National Security and Foreign Policy Challenges.” Wednesday, February 13 at 10:00 AM – ... Read more »

Waters Opposes HUD’s Efforts to Take Over New York’s Largest Public Housing Authority

| Posted in Press Releases
Tags: HUD

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to the U.S. Department of Housing and Urban Development, expressing concerns with the agency’s efforts to enter the New York City Housing Authority (NYCHA) into receivership. “Every family deserves access to safe, decent, and affordable housing, and NYCHA’s residents are no exception,” th... Read more »

Waters Statement at First Committee Markup of 116th Congress

| Posted in Press Releases

Today, after commencing the first official meeting of the House Financial Services Committee in the 116th Congress, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement. As Prepared for Delivery Today marks the first official meeting of the Committee on Financial Services in the 116th Congress, convened to adopt the Committe... Read more »

House Passes Waters’ Resolution to Help Americans Affected by the Trump Shutdown

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement, on H. Res. 77, a resolution to encourage financial institutions, consumer reporting agencies, and other entities to do what they can to help consumers, including federal employees, contractors, small businesses, and other individuals affected by the Trump shutdown. A... Read more »

Chairwoman Waters Announces Subcommittee Assignments

| Posted in Press Releases

Following Thursday’s announcement of House Financial Services Subcommittee Chairs, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced Subcommittee assignments for the 116th Congress. Subcommittee on Investor Protection, Entrepreneurship and Capital Markets Congresswoman Carolyn B. Maloney (NY-12), Chair Congressman Brad Sherman (CA-30) Congressman D... Read more »

Committee Chairs Press Mnuchin for Documents on Sanctions Relief for Businesses Tied to Deripaska

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee; Congressman Adam Schiff (D-CA), Chairman of the Permanent Select Committee on Intelligence; and Congressman Eliot Engel (D-NY), Chairman of the Committee on Foreign Affairs, sent a letter to Steven Mnuchin, Secretary of the U.S. Department of the Treasury, requesting all documents and records pertainin... Read more »

Democratic Committee Leaders Respond to the Trump Administration’s Lifting of Sanctions on Russian Businesses Tied to Oleg Deripaska

| Posted in Press Releases

Today, House Financial Services Committee Chairwoman Maxine Waters (D-CA), House Foreign Affairs Committee Chairman Eliot L. Engel (D-NY), Ways and Means Committee Chairman Richard Neal (D-MA), and House Permanent Select Committee on Intelligence Chairman Adam Schiff (D-CA) released the following statement after the Treasury Department lifted sanctions against companies tied to Russian oligarch Ol... Read more »

Waters Floor Statement on Bipartisan Legislation to Investigate Abuses of Financial Technology

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement on H.R. 56, the Financial Technology Protection Act, bipartisan legislation that would strengthen efforts to deter terrorist and illicit abuses of financial technology. As Prepared for Delivery I’m so pleased that this body will vote on H.R. 56, the Financial Technolo... Read more »

Waters Floor Statement in Support of Bipartisan Bill to Counter Drug and Sex Trafficking

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement on H.R. 502, the FIND Trafficking Act, bipartisan legislation which requires the Government Accountability Office (GAO) to study how online marketplaces and virtual currencies are being used for sex and drug trafficking. As Prepared for Delivery Mr. Speaker, I support... Read more »

Waters Floor Statement on Her Bipartisan Legislation to Curb Illegal Insider Trading

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement on 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 in... Read more »

Chairwoman Waters Issues Statement on the Passing of Tom Duncan

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement on the passing of Thomas Gamble Duncan, former House Financial Services Committee General Counsel: “I am deeply saddened to learn of the passing of Tom Duncan. Tom’s knowledge and mastery of the legislative process was indispensable. “During his tenure, he served under Ch... Read more »

Waters and Brown Call on Otting to Detail His Plans for FHFA

| Posted in Press Releases
Tags: GSE, OCC, FHFA

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and Senator Sherrod Brown (D-OH), Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, sent a letter to Joseph Otting, Comptroller of the Currency, following President Trump’s appointment of Otting to serve as Acting Director of the Federal Housing Finance Agency (FHFA). Ch... Read more »

Chairwoman Waters Announces Financial Services Subcommittee Leadership

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced the six Committee Members who will serve as Subcommittee Chairs. Each Subcommittee Chair was chosen through a selection process based on seniority, with the confirmation of all Committee Democrats. “I am pleased to announce the very talented, experienced and diverse new leadership of our six ... Read more »

Waters to Financial Institutions: Describe Your Activities to Help Customers Affected by the Shutdown

| Posted in Press Releases

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 governmen... Read more »

Waters Calls Out Carson for Failing to Protect Critical Housing Programs During Trump Shutdown

| Posted in Press Releases
Tags: HUD, Budget

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 ... Read more »

Waters Statement on the Trump Shutdown’s Impact on the Treasury Department

| Posted in Press Releases

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 concer... Read more »

Waters and McHenry Introduce Bipartisan Legislation to Curb Illegal Insider Trading

| Posted in Press Releases
Tags: SEC

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 ... Read more »

Waters Applauds House Passage of Resolution of Disapproval to Block the Trump Administration’s Actions to Ease Sanctions on Companies Tied to Russian Oligarch

| Posted in Press Releases

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 D... Read more »

Chairwoman Waters: It’s a New Day

| Posted in Press Releases

Following her first policy speech as Chairwoman of the House Financial Services Committee, Congresswoman Maxine Waters (D-CA), sat down for a brief discussion where she outlined her plans as Chairwoman in the 116th Congress and addressed a wide range of important issues, including consumer protection, affordable housing, diversity and inclusion, working across the aisle, and the racial wealth gap.... Read more »



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