Full Committee

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 »

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 »

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 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 »

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 »

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 »

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 »

Waters Welcomes New Democratic Members of the Financial Services Committee

| Posted in Press Releases

Following Speaker Pelosi’s announcement of new appointments to the House Committee on Financial Services, Congresswoman Maxine Waters (D-CA), Chairwoman of the Committee, issued the following statement: “The 116th Congress is the most diverse in U.S. history and I am very pleased that the Financial Services Committee Democratic Caucus will reflect its diversity. We have new Members bringing fresh ... Read more »

Waters Outlines Agenda in First Policy Speech as Committee Chairwoman

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following remarks during her first policy speech in the 116th Congress: As Prepared for Delivery Thank you for the very warm welcome, and to the Center for American Progress for holding this event. CAP’s research and policy work are highly respected and a valued resource for Members of... Read more »

Waters Chosen by House Democrats to Be First Woman and African American to Chair Financial Services Committee

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA) released the following statement after being approved by the Democratic Caucus to serve as the first woman and the first African American Chair of the House Financial Services Committee: “I am honored to have been selected by my colleagues to be the first Chairwoman of the House Financial Services Committee in the 116th Congress. Since 1995, I have served ... Read more »

Waters Statement at Hearing on National Debt

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, gave the following statement at a full Committee hearing entitled, “The Peril of an Ignored National Debt.” As Prepared for Delivery Thank you, Mr. Chairman. Mr. Chairman, since this hearing is about attention to the national debt, I think it is important for the public to understand that the Re... Read more »



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