News List

Waters Announces San Nicolas as Financial Services Committee Vice Chair

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced Congressman Michael San Nicolas (D-GU) as Vice Chair of the Committee in the 116th Congress. San Nicolas was elected to serve as Vice Chair by Committee Democrats. “Congressman San Nicolas comes to the Committee with a wealth of experience and expertise in financial services,” said Chairwoman... Read more »

Waters Writes to Prudential Regulators on Proposed SunTrust/BB&T Merger

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Jerome H. Powell, Chairman of the Board of Governors of the Federal Reserve System, and Jelena McWilliams, Chairman of the Federal Deposit Insurance Corporation, calling on them to postpone any final decisions on the SunTrust and BB&T merger application until after the Committee has co... Read more »

Waters Opening Statement at Full Committee Markup

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following statement at a full Committee markup to consider six bills and two resolutions. As Prepared for Delivery Today this Committee convenes for a markup of six bills and resolutions creating two taskforces. As I have said before, under my leadership, it’s a new day and a new way for this ... Read more »

Mnuchin to Return on May 22 to Continue Testimony Before Committee

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced the continuation of a full Committee hearing with U.S. Department of the Treasury Secretary Steven Mnuchin entitled, “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System.” The Treasury Secretary will appear before the Committee on Wednesday... Read more »

Waters Statement on the CFPB’s Weak Debt Collection Proposal

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement on the Consumer Financial Protection Bureau’s (Consumer Bureau’s) proposal to address predatory debt collection practices: “This is yet another example of an anti-consumer action at the Consumer Bureau by a Trump Administration appointee. Last year, the Consumer Bureau re... Read more »

Waters and Engel Demand Overdue Russian Sanctions Report

| Posted in Press Releases

Representative Maxine Waters, Chairwoman of the House Committee on Financial Services, and Representative Eliot L. Engel, Chairman of the House Committee on Foreign Affairs, have taken the Trump Administration to task for its failure to produce a report that is now four months past a statutory deadline detailing actions to crack down on human-rights abusers in Russia. In a letter to Secretary of S... Read more »

Waters Demands Answers from Mnuchin on Reported Ransom Demand From North Korean Government

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Steven Mnuchin, Secretary of the U.S. Department of Treasury, expressing her concerns about a recent report that the Trump administration accepted, and possibly paid, a “medical bill” or ransom demand from the North Korean government related to American student and hostage Otto Warmbie... Read more »

Waters: Buying A Car Should Be Fair, Transparent and Free of Discrimination

| Posted in Press Releases

Today, at a Subcommittee on Oversight and Investigations hearing entitled, “Examining Discrimination in the Auto Loan and Insurance Industries,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee gave the following opening statement. As Prepared for Delivery Thank you, Mr. Chairman. Buying a car is a significant purchase for many Americans and should be a fair... Read more »

House Passes Bipartisan Financial Services Bills

| Posted in Press Releases
Tags: SEC

Today, the U.S. House of Representatives passed the following bipartisan bills, offered by House Financial Services Committee Members in recognition of Financial Literacy Month. H. Res. 327, Encouraging Greater Public-Private Sector Collaboration to Promote Financial Literacy for Students and Young Adults, a resolution to encourage financial planning efforts among students and young adults. This l... Read more »

Waters Calls for Infrastructure Investments to Include Affordable Housing

| Posted in Press Releases
Tags: HUD

Today, at a full Committee hearing entitled, “Housing in America: Assessing the Infrastructure Needs of America’s Housing Stock,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee gave the following opening statement. As Prepared for Delivery Today this Committee convenes for a hearing on assessing the infrastructure needs of America’s housing stock. Congress... Read more »

Waters Announces Updates to April Committee Schedule and May Hearings

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings and a markup: Tuesday, April 30 at 10:00 AM – The full Committee will convene a hearing entitled, “Housing in America: Assessing the Infrastructure Needs of America’s Housing Stock.” Tuesday, April 30 at 2:00 PM – The Subcommittee on Consumer Protection and Financia... Read more »

ICYMI: At Hearing with Megabank CEOs, Committee Democrats Ask Hard-Hitting Questions

| Posted in Press Releases

Yesterday, at a hearing entitled, “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis,” Committee Democrats asked the Chief Executive Officers (CEOs) of seven of the nation’s largest financial institutions tough questions on behalf of hardworking consumers. Read below for 10 tough questions Committee Democrats asked the CEOs to answer... Read more »

Waters Calls on Megabank CEOs to Serve Millennials Struggling with Student Debt

| Posted in Press Releases

Today, at a full Committee hearing with the CEOs of seven of the nation’s largest financial institutions, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, called for megabanks to craft a solution to help Americans saddled with student loan debt to achieve economic goals such as homeownership. “I’m going to ask you in all that you do to think about all that ... Read more »

Waters at Hearing with Megabank CEOs: Megabanks Have Treated Fines as Cost of Doing Business

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at hearing entitled, “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis.” Today, this Committee convenes for a hearing on the U.S. Global Systemically Important Banks (GSIBs). Before us today as wit... Read more »

Waters to Mnuchin: I Expect You To Be Forthcoming With This Committee

| Posted in Press Releases

Today, at a full Committee hearing with U.S. Department of the Treasury Secretary Steven Mnuchin entitled, “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement: Today, this Committee convenes for a hearing to receiv... Read more »

Waters Stands Up for Low-Income Families in Rural America

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following statement at a Subcommittee on Housing, Community Development and Insurance hearing entitled, “The Affordable Housing Crisis in Rural America: Assessing the Federal Response.” As Prepared for Delivery Thank you very much, Chairman Clay. I am very pleased that you are focusing on rura... Read more »

During Fair Housing Month, Waters Convenes Hearing on Housing Discrimination in America

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, convened a hearing entitled, “The Fair Housing Act: Reviewing Efforts to Eliminate Discrimination and Promote Opportunity in Housing.” See the Chairwoman’s opening statement below. As Prepared for Delivery Good morning, everyone. Today, the Committee convenes for a hearing on the Fair Housing Act, to r... Read more »

Chairwoman Waters on Why Tim Sloan’s Departure from Wells Fargo Is Long Overdue

| Posted in Press Releases
Tags: CFPB, SEC, OCC

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released the following statement in response to an announcement by Wells Fargo & Company that Tim Sloan would step down as CEO, President, and Board member, effective immediately. “I agree with Tim Sloan that it is best that he steps down. Tim Sloan has a 31-year history at Wells Fargo, and oversaw the... Read more »

Committee Passes Bills to End Homelessness, Benefit Consumers and Investors and Help Small Businesses and Financial Institutions

| Posted in Press Releases

This week, the House Financial Services Committee, held a markup of five bills to crack down on foreign corruption, uphold consumer protections, increase access to the financial system, protect retirement savers, and address the national homelessness crisis. See the legislation below. HR 389, Kleptocracy Asset Recovery Rewards Act, legislation that establishes a rewards program to incentivize indi... Read more »

Waters Opening Statement at Markup of Five Bills

| Posted in Press Releases

Today, at a full Committee markup, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee gave the following opening statement. As Prepared for Delivery Today, this Committee convenes for a markup of five overdue bills. As I have said before, under my leadership, this Committee will be focused on fairness and policies to benefit consumers, investors, small busines... Read more »

Chairwoman Waters Introduces Bill to End Homelessness in America

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, introduced H.R. 1856, the Ending Homelessness Act of 2019, legislation that provides a comprehensive plan to ensure that every person experiencing homelessness in America has a place to call home. “In the richest country in the world, it is simply unacceptable that we have people living in the streets,... Read more »

House Committee Chairs Joint Statement Calling for Full Disclosure of Mueller Report from DOJ and Release of Underlying Evidence to Relevant Committees

| Posted in Press Releases

On February 22, the chairs of six committees in the U.S. House of Representatives wrote a letter to Attorney General William Barr to inform him of their expectation that he will make Special Counsel Robert Mueller’s report public “without delay.” Today, after the Department of Justice informed Congress that Special Counsel Mueller had submitted his final report to Attorney General Barr, House Comm... Read more »

Chairwoman Waters Announces April 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 April. Tuesday, April 2 at 10:00 AM – The full Committee will convene a hearing entitled, “The Fair Housing Act: Reviewing Efforts to Eliminate Discrimination and Promote Opportunity in Housing.” Tuesday, April 2 at 2:00 PM – The Subcommittee on Hou... Read more »

Waters, Maloney and Beatty Statements on GAO Report on Diversity at Federal Home Loan Banks

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, Congresswoman Carolyn Maloney (D-NY), Chairwoman of the House Financial Services Subcommittee on Investor Protection, Entrepreneurship and Capital Markets, and Congresswoman Joyce Beatty (D-OH), Chairwoman of the House Financial Services Subcommittee on Diversity and Inclusion, issued the following ... Read more »

Chairwoman Waters Announces Updates to March Committee Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced the following updates to the Committee schedule for the month of March: Tuesday, March 26 at 2:00 PM – The full Committee will convene a markup of the following bills: HR ___, the Ending Homelessness Act (Waters) HR 389, Kleptocracy Asset Recovery Rewards Act (Lynch/Budd) HR 1500, the Consume... Read more »



Subscribe for Updates

Twitter Feed