Full Committee

Chairwoman Waters Announces July 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 July: Wednesday, July 10 at 10:00 AM — The full Committee will convene a hearing entitled, “Monetary Policy and the State of the Economy.” Wednesday, July 10 at 2:00 PM — The Subcommittee on Investor Protection, Entrepreneurship and Capital Markets ... Read more »

Waters Convenes Hearing on Need For Diversity on Federal and Corporate Boards

| Posted in Press Releases

Today, at a full Committee hearing entitled, “Diversity in the Boardroom: Examining Proposals to Increase the Diversity of America’s Boards,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement: As Prepared for Delivery Today, this Committee convenes for a hearing on the lack of racial, ethnic and gender diversity on fed... 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 opening statement at a full Committee markup of eight bills to strengthen housing protections, crack down on illicit finance activities and reform the National Flood Insurance Program. As Prepared for Delivery Today, this Committee convenes for a markup of eight bills. The slate of l... Read more »

Chairwoman Waters Announces Updates to June 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 June. Tuesday, June 11 at 10:00 AM – The Subcommittee on Oversight and Investigations will convene a hearing entitled, “An Examination of State Efforts to Oversee the $1.5 Trillion Student Loan Servicing Market.” Tuesday, June 1... Read more »

Waters and Beatty Continue Push for Diversity Data from Big Banks

| Posted in Press Releases

On Wednesday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congresswoman Joyce Beatty (D-OH), Chairwoman of the House Financial Services Subcommittee on Diversity and Inclusion, sent letters to 37 bank holding companies requesting their diversity and inclusion data and policies from 2015 to the present. The letters request data on diversity and incl... Read more »

Waters Opening Statement at Hearing on Reauthorization of the EXIM Bank

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Today, at a full Committee hearing entitled, “Promoting American Jobs: Reauthorization of the U.S. Export-Import Bank,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement: As Prepared for Delivery Today this Committee convenes for a hearing to discuss the revival and long-term reauthorization of the Export-Import Bank (... Read more »

Committee Democrats Fact-Check Secretary Carson’s Committee Testimony

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This week, at a full Committee hearing with U.S. Department of Housing and Urban Development (HUD) Secretary Benjamin Carson entitled, “Housing in America: Oversight of the U.S. Department of Housing and Urban Development,” Committee Democrats asked questions about many of the Secretary’s harmful actions at HUD that he repeatedly answered inaccurately. Read below for a list of the top 5 inaccurate... Read more »

Chairwoman Waters Announces June 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 June: Tuesday, June 4 at 10:00 AM – The full Committee will convene a hearing entitled, “Promoting American Jobs: Reauthorization of the U.S. Export-Import Bank.” Tuesday, June 4 at 2:00 PM – The Subcommittee on Consumer Protection and Financial Ins... Read more »

Committee Passes Bills to Promote Innovation, Strengthen the Financial System and Protect Consumers, Small Businesses and Investors

| Posted in Press Releases

This week, the House Financial Services Committee, held a markup of five bills and two resolutions to promote responsible innovation through financial technology, crack down on money laundering and illicit finance, protect small businesses and investors, and uphold consumer protections. See the legislation below. HR 1988, the Protect Affordable Mortgages for Veterans Act of 2019, bipartisan legisl... Read more »

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 »

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 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 »

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 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 to Wells Fargo: You Are Simply Too Big to Manage

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at a hearing entitled, “Holding Megabanks Accountable: An Examination of Wells Fargo's Pattern of Consumer Abuses” with Timothy Sloan, President and Chief Executive Officer of Wells Fargo and Company. As Prepared for Delivery Today, we examine Wells Fargo’s egregiou... Read more »

Waters Calls on Consumer Bureau Director to Explain Anti-Consumer Actions

| 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, “Putting Consumers First? A Semi-Annual Review of the Consumer Financial Protection Bureau.” Today, this Committee convenes for a hearing on the Semiannual Report of the Consumer Financial Protection Bureau. Testifying today before t... Read more »

Waters to Fed Chair: It is Critical that the Federal Reserve Remain Vigilant in Protecting this Economy

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at the semiannual Humphrey-Hawkins hearing on monetary policy and the state of the economy with Federal Reserve Chairman Jerome Powell. Chairman Powell, welcome back to the Committee. I am concerned about some of the actions of President Trump and his Administration... Read more »

Waters Holds Credit Bureaus Accountable

| Posted in Press Releases

Today, at a full Committee hearing entitled, “Who's Keeping Score? Holding Credit Bureaus Accountable and Repairing a Broken System,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee gave the following statement. As Prepared for Delivery Today, this Committee convenes for a hearing on repairing the nation’s broken credit reporting system and holding the majo... Read more »

Chairwoman Waters Announces March 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 March. Wednesday, March 6 at 10:00 AM – The full Committee will convene a markup of FY2020 Budget Views and Estimates. Thursday, March 7 at 10:00 AM – The full Committee will convene a hearing entitled, “Putting Consumers First? A Semi-Annual Review... Read more »

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 »



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