Press Releases

Waters, Clay, and Heck Request Housing Finance Regulator Pause Rulemaking Increasing Capital for Fannie Mae and Freddie Mac

| Posted in Press Releases
Tags: FHFA

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, Congressman Wm. Lacy Clay (D-MO), Chair of the Subcommittee on Housing, Community Development and Insurance, and Congressman Denny Heck (D-WA), sent a letter to Dr. Mark Calabria, Director of the Federal Housing Finance Agency (FHFA), urging the agency to prioritize economic recovery amid the COVID-19 pand... Read more »

Waters Blasts Senate Inaction on Eviction Moratorium; Continues Fighting to Pass Legislation to Extend Rental Assistance

| Posted in Press Releases
Tags: COVID-19

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, made the following statement regarding the expiration of the federal eviction moratorium: “This weekend, the federal eviction moratorium put in place by Congress in the CARES Act expired. The expiration occurred due to the cruel indifference of Mitch McConnell and Senate Republicans, who for months ref... Read more »

Waters, Nadler and Clay Slam Trump Administration Decision to Terminate Affirmatively Furthering Fair Housing Rule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congressman Jerrold Nadler (D-NY), Chairman of the House Committee on the Judiciary, and Congressman Wm. Lacy Clay (D-MO), Chair of the Subcommittee on Housing, Community Development and Insurance, issued the following statement in response to the U.S. Department of Housing and Urban Development’s ... Read more »

Waters at Hearing on Need for Senate to Pass Heroes Act: Families Are Again Suffering Through No Fault of Their Own; We Must Not Leave Them Behind

| Posted in Press Releases
Tags: COVID-19

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a full Committee hearing entitled, “The Heroes Act: Providing for a Strong Economic Recovery from COVID-19.” 69 days ago, the House passed the Heroes Act to provide the relief to families that is so badly needed in the midst of this ongoing pandemic crisis. Si... Read more »

Ahead of Hearing on Urgently Needed Coronavirus Relief, Waters Denies Ranking Member Request to Cancel Hearing, Highlights Bipartisan Efforts to Help Americans

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Tags: COVID-19

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services sent a letter to Ranking Member Patrick McHenry (R-NC) rejecting his request to reconsider convening a Full Committee hearing entitled, “The Heroes Act: Providing for a Strong Economic Recovery from COVID-19,” and reasserting the urgent need to provide relief to the millions of suffering Americans amid the ... Read more »

Waters Remarks on 10th Anniversary of the Dodd-Frank Act

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following remarks at an event commemorating the 10th Anniversary of the signing of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Thank you very much and thank you for that very generous introduction. I am so pleased and delighted that I was asked to participate today in the 1... Read more »

Chairwoman Waters Announces Additional July Hearings

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following additional hearings in the month of July: July 23 at 10:30 AM – The full Committee will convene for a hearing entitled, “The Heroes Act: Providing for a Strong Economic Recovery from COVID-19." This hearing will convene in a “hybrid” format, which provides for remote Member p... Read more »

Waters, Smith, Engel, Thompson and Pallone Seek Information on Trump Administration Failures to Boost Production of PPE and Testing As COVID-19 Cases Spike

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, Congressman Adam Smith (D-WA), Chairman of the House Committee on Armed Services, Congressman Eliot Engel (D-NY), Chairman of the House Committee on Foreign Affairs, Congressman Bennie Thompson (D-MS), Chairman of the House Committee on Homeland Security, and Congressman Frank Pallone, Jr. (D-NJ), Chai... Read more »

Waters Statement on Supreme Court Decision on Trump v. Deutsche Bank AG

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement on the U.S. Supreme Court’s decision on Trump v. Deutsche Bank, AG, on whether Congress has the authority to subpoena the President’s financial records. “Today, the Supreme Court reaffirmed that the President is not above the law. While I had hoped the Court’s decision t... Read more »

ICYMI: Waters and Wexton Call on HUD to Reconsider Revisions to Equal Access Rule

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Tags: HUD

On June 29, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congresswoman Jennifer Wexton (D-VA) sent a letter to Dr. Ben Carson, Secretary of the U.S. Department of Housing and Urban Development, calling on the agency to reconsider publishing its proposed rule entitled, “Making Admission or Placement Determinations Based on Sex in Facilities Under Com... Read more »

Waters Statement on Supreme Court Decision to Curb Consumer Bureau’s Independence

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Tags: CFPB

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement regarding the Supreme Court decision in Seila Law LLC v. Consumer Financial Protection Bureau. “This decision from the Supreme Court diminishes the independence of the Consumer Financial Protection Bureau (Consumer Bureau) by allowing the President to fire its director w... Read more »

Chairwoman Waters Announces July Hearing Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following virtual hearings in the month of July: July 7 at 12:00 PM - The Subcommittee on National Security, International Development and Monetary Policy will convene for a hearing entitled, “Paycheck Security: Economic Perspectives on Alternative Approaches to Protecting Workers’ Pay... Read more »

Waters Floor Statement on Moving Forward Act

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Today, Congresswoman Maxine Waters (D-CA), gave the following floor statement in support of H.R. 2, the Moving Forward Act. The Moving Forward Act includes Chairwoman Waters’ legislation, H.R. 5187, the Housing Is Infrastructure Act. Thank you very much, Chairman DeFazio for your tremendous leadership and work on this legislation. Mister Speaker, I rise in strong support of H.R. 2, the Moving Forw... Read more »

Waters at Hearing with Powell and Mnuchin on Pandemic Response: We Cannot Endure Another Unequal Crisis or Unequal Recovery

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a full Committee hearing entitled, “Oversight of the Treasury Department's and Federal Reserve's Pandemic Response.” Secretary Mnuchin, Chair Powell, welcome back. The pandemic continues to have a terrible impact. More than 126,000 people have lost their lives... Read more »

House Infrastructure Package Contains Chairwoman Waters’ Housing Infrastructure Bill

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Today, the U.S. House of Representatives is considering the Moving Forward Act, an infrastructure package which includes the Housing Is Infrastructure Act, Chairwoman Waters’ legislation to invest over $100 billion in affordable housing infrastructure to create or preserve approximately 1.8 million affordable homes. The Housing Is Infrastructure Act would make the following investments: $70 billio... Read more »

Waters’ and Meeks’ Resolution to Reverse the OCC’s Harmful Rule Undermining the Community Reinvestment Act Passes the House

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Tags: OCC

Today, H.J. Res 90, a Congressional Review Act resolution of disapproval to nullify the OCC’s harmful Community Reinvestment Act rule introduced by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congressman Gregory Meeks (D-NY), Chair of the Subcommittee on Consumer Protection and Financial Institutions, passed the U.S. House of Representatives. See b... Read more »

Waters and Heck Op-Ed: America Needs Emergency Rental Assistance Now

| Posted in Press Releases
Tags: COVID-19

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congressman Denny Heck (D-WA), released an op-ed on the need for emergency rental assistance during the pandemic crisis. See the full piece on Medium or below. America Needs Emergency Rental Assistance Now By Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, ... Read more »

Waters on Emergency Housing Legislation: Urgent Action Needed to Prevent Eviction Crisis

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement regarding her bill, H.R. 7301, the Emergency Housing Protections and Relief Act of 2020. Thank you, Mr. Speaker. I rise in strong support of H.R. 7301, the Emergency Housing Protections and Relief Act of 2020. This bill includes several provisions that were included i... Read more »

Waters Applauds Inclusion of Her Housing Infrastructure Bill in House Infrastructure Package

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, issued the following statement regarding the inclusion of her legislation, the Housing Is Infrastructure Act, in the Moving Forward Act, House Democrats’ infrastructure package which will soon be considered by the House. “I am very pleased that this very important piece of legislation, the Moving Fo... Read more »

Waters, Clay and Vargas Urge HUD and FHFA to Amend Policies that are Reducing Access to Mortgage Credit for People of Color

| Posted in Press Releases
Tags: HUD, FHFA

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, Congressman Wm. Lacy Clay (D-MO), Chair of the Subcommittee on Housing and Insurance, and Congressman Juan Vargas (D-CA), sent a letter to Ben Carson, Secretary of the U.S. Department of Housing and Urban Development (HUD), and Mark Calabria, Director of the Federal Housing Finance Agency (FHFA), ca... Read more »

Waters Condemns Deregulatory Rulemakings at SEC During the Pandemic

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, sent a letter to Jay Clayton, Chairman of the Securities and Exchange Commission (SEC), reiterating her call for the agency to halt rulemakings unrelated to the pandemic. “At the beginning of the crisis, I called on all of our financial regulators, including the Securities and Exchange Commission, t... Read more »

Waters Sends Letter to Energy Secretary Condemning Redlining Comments, Pushing Back Against Preferential Treatment for Oil and Gas Sector

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, sent a letter to Energy Secretary Dan Brouillette regarding comments he made inappropriately comparing decisions by commercial banks not to finance drilling in the Arctic National Wildlife Refuge to redlining. The letter also addresses Brouillette’s assertion that the Trump Administration is working... Read more »

Waters and Green Request Inspector General Investigation into HUD’s Exclusion of DACA Recipients from FHA Loans

| Posted in Press Releases
Tags: FHA, HUD

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and Congressman Al Green (D-TX), Chair of the Subcommittee on Oversight and Investigations, sent a letter to Rae Oliver Davis, Inspector General for the U.S. Department of Housing and Urban Development (HUD), requesting an investigation into HUD’s decision to exclude Deferred Action for Childhood Ar... Read more »

Waters Announces Addition to the June Committee Calendar

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following addition to the June Committee calendar: June 30 at 12:30 PM: The full Committee will hold a hearing entitled, “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response.” This hearing will convene in a “hybrid” format, which provides for remote Member pa... Read more »

Waters, Neal, and Velázquez Reiterate Demand for Full PPP Transparency

| Posted in Press Releases

Today, Financial Services Committee Chairwoman Maxine Waters (D-CA), Ways and Means Committee Chairman Richard E. Neal (D-MA), and Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the Department of Treasury (Treasury) and the Small Business Administration (SBA) announced they would disclose certain information regarding Paycheck Protection Program ... Read more »



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