Skip to Content

Press Releases

Waters Announces May 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 May: Wednesday, May 11 at 10:00 AM ET: The Subcommittee on Investor Protection, Entrepreneurship and Capital Markets will convene for a hybrid hearing entitled, “A Notch Above? Examining the Bond Rating Industry.” Thursday, May 12 at 10:00 AM ET: The...

Waters at Semi-Annual Full Committee Hearing Overseeing the Consumer Financial Protection Bureau: “The CFPB Is Finally Back on Track”

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hearing entitled, “Consumers First: Semi-Annual Report of the Consumer Financial Protection Bureau.” Good morning. Today, we welcome Mr. Rohit Chopra, Director of the Consumer Financial Protection Bureau, before our Committee. Under your leadership, I’m plea...

Waters Statement on Positive COVID Test Result

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement after receiving a positive result for COVID-19. “Today, I have received a positive test result for COVID. I am currently isolating and have no symptoms. I am following all protocols as recommended by the Office of the Attending Physician and CDC guidance. I am gratef...

Waters Statement on Appointment to Conference Committee for America COMPETES Act

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement after being named a Member of the House who will go to conference with the Senate over the House’s America COMPETES Act of 2022: “I am pleased to be appointed by Speaker Pelosi as a member of the conference committee for the America COMPETES Act of 2022. This biparti...

Waters Applauds Nomination of Jaime Lizárraga to Serve as SEC Commissioner

| Posted in Press Releases
Tags: SEC

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the nomination of Jaime Lizárraga to serve as a Commissioner at the Securities and Exchange Commission (SEC): “I applaud and congratulate the nomination of Jaime Lizárraga to serve as an SEC commissioner. Throughout Jaime’s decades of work in Congress, including r...

Waters Delivers Opening Statement at Annual Full Committee Hearing with Treasury Secretary Yellen on the State of the International Financial System

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hearing entitled, “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System.” I would like to welcome Treasury Secretary Janet Yellen who today is presenting testimony for the first time on the state of...

Waters Delivers Opening Statement at Subcommittee Hearing Examining the Enduring Legacy of Slavery in Financial Institutions

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on Oversight and Investigations hybrid hearing entitled, “An Enduring Legacy: The Role of Financial Institutions in the Horrors of Slavery and the Need for Atonement.” Thank you very much, Chair Green. Financial services institutions played a powerful r...

Waters Delivers Opening Statement at Subcommittee Hearing Examining the Movement to End Overdraft Fees

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on Consumer Protection and Financial Institutions hybrid hearing entitled, “The End of Overdraft Fees? Examining the Movement to Eliminate the Fees Costing Consumers Billions.” Thank you so very much, Chair Perlmutter. For far too long, banks have been...

Waters Delivers Opening Statement at Subcommittee Hearing on the Role of America’s Stock Exchanges in Our Economy

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on Investor Protection, Entrepreneurship and Capital Markets hybrid hearing entitled, “Oversight of America’s Stock Exchanges: Examining Their Role in Our Economy.” Thank you very much, Mr. Sherman, for holding this hearing. In the United States, there ...

Waters Announces April 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 April: Tuesday, April 5 at 2:00 PM ET: The Subcommittee on Oversight and Investigations will convene for a hybrid hearing entitled, “An Enduring Legacy: The Role of Financial Institutions in the Horrors of Slavery and the Need for Atonement.” Wednes...

Waters Delivers Opening Statement at Full Committee Hearing Examining Home Appraisal Bias and Discrimination 

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hybrid hearing entitled, “Devalued, Denied, and Disrespected: How Home Appraisal Bias and Discrimination Are Hurting Homeowners and Communities of Color.” Today, we will take a closer look at discrimination of homeowners and communities of color in th...

Waters Announces Updates to March Committee Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule updates for the month of March: March 29 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “Devalued, Denied, and Disrespected: How Home Appraisal Bias and Discrimination Are Hurting Homeowners and Communities of Color.” POSTPONED – Marc...

Chairwoman Waters Sends Letter to the Financial and Commercial Industry Over Russian Disinvestment

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to trade associations representing thousands of American firms from the financial and commercial industry, requesting detailed information on the actions that America’s financial institutions and businesses have taken to end their relationships and engagements in Russia and with businesse...

Chairwoman Waters and Congresswoman Beatty Send Letter to Insurance Companies Requesting Diversity and Inclusion Data

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congresswoman Joyce Beatty (D-OH), Chair of the Subcommittee on Diversity and Inclusion, sent letters to the largest property, casualty and life insurance companies that receive $7 billion in direct premiums or more each year, requesting diversity and inclusion data to examine America’s insurance industry...

Waters Announces Updates to March Committee Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule updates for the month of March: NEW - March 29 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “Devalued, Denied, and Disrespected: How Home Appraisal Bias and Discrimination Are Hurting Homeowners and Communities of Color.” March 30 at...

Waters, Casten and Vargas Applaud SEC’s Approval of Proposed Rule on Climate

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, Representatives Sean Casten (D-IL) and Juan Vargas (D-CA) announced that the Securities and Exchange Commission (SEC) approved a proposed rule requiring climate-related disclosures by public companies. The proposed rule that the SEC released today responds to significant demand from retail and institut...

Committee on Financial Services Passes Legislation to Crack Down on Russia, Support Ukraine

| Posted in Press Releases

Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed five bills to suspend Ukraine’s crippling debt obligations, crack down on Russian oligarchs for evading existing sanctions, deny Putin economic resources and access to financial markets, and isolate Russia from major financial and intergovernmental forums. Four of the bills passed on a bipartisan basis. H...

Waters Opening Statement at March Full Committee Markup of Bipartisan Bills to Punish Russia and Support Ukraine

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hybrid markup. Today, this Committee comes together in the first of a series of markups on legislation to press Russian President Vladimir Putin to end his unprovoked and illegal invasion of the sovereign nation of Ukraine. Russia’s invasion of Ukraine is a ...

Waters Announces Updates to March Committee Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule updates for the month of March: UPDATED - March 17 at 10:00 AM ET: The full Committee will convene for a hybrid markup. March 29 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “The Future of Money: Assessing the Benefits and Risks of a...

Waters Announces Committee Appropriations Victories in 2022 Omnibus Legislation

| Posted in Press Releases
Tags: Budget

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the victories that the Committee successfully secured in the 2022 omnibus spending bill — legislation that provides Congress with the legal authority needed to spend or obligate U.S. Treasury funds. The legislation includes several priorities of Democratic members of the Financial Services...

Waters Statement on President Biden’s Executive Order on Digital Assets, Including Cryptocurrencies, Stablecoins, and Central Bank Digital Currencies

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released the following statement in response to President Biden’s Executive Order on Digital Assets: “President Biden’s Executive Order on digital assets is an important step in furthering our understanding of how cryptocurrencies and other digital assets will shape the future of our financial system a...

Waters Delivers Opening Statement at Full Committee Hearing on Inflation, Corporate Profiteering, and Supply Chain Bottlenecks

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hybrid hearing entitled, “The Inflation Equation: Corporate Profiteering, Supply Chain Bottlenecks, and COVID-19.” Today, we will continue the discussion we began with Chair Pro Tempore Powell last week about the economy and the causes of inflation and its i...

Waters, Brown, Gottheimer Request Information on Financing of Domestic Violent Extremism

| Posted in Press Releases

Yesterday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, Senator Sherrod Brown (D-OH), Chairman of the Committee on Banking, Housing, and Urban Affairs, and Congressman Josh Gottheimer (D-NJ), sent a letter to the Government Accountability Office (GAO) requesting a review of the methods by which domestic violent extremists (DVE) and homegrown violent ext...

ICYMI: Waters, Adams, and Beatty Author Op-Ed Urging Senate Republicans to End Their Block of Well Qualified Federal Reserve Nominees

| Posted in Press Releases

This week, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, Congresswoman Alma Adams (D-NC), and Congresswoman Joyce Beatty (D-OH), released an op-ed on the need to confirm President Biden’s nominees to the Federal Reserve. See the full piece on The Hill or below. Senate Republicans must end their block of well qualified Federal Reserve nominees The Federa...

Waters Delivers Opening Statement at Semiannual Full Committee Hearing with the Federal Reserve

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hearing entitled, “Monetary Policy and the State of the Economy.” I want to start by reiterating that I join with President Biden and our allies in condemning Russia’s shameful, premeditated, and unprovoked invasion of Ukraine. I stand in solidarity w...

Back to top