Skip to Content

Full Committee

ICYMI: Chairwoman Waters Holds Hearing with CEOs of Nation’s Seven Largest Banks

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, convened a full committee hearing entitled, “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.” With an ongoing pandemic, rising interest rates and Russia’s invasion of Ukraine, economic conditions for families are worsening. During today’s hearing, Committee…

Waters Delivers Opening Statement at Full Committee Hearing with CEOs of America’s Seven Largest Commercial Banks

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following statement at a full Committee hearing entitled, “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.” Testifying before us today, we have the CEOs of the seven largest U.S. commercial banks that each serve millions of consumers. As…

ICYMI: Barbados Prime Minister, the Honorable Mia Mottley, Delivers Historic Testimony Before the Full Committee on Impacts of De-Risking on the Caribbean

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, convened a full committee hearing this week entitled, “When Banks Leave: The Impacts of De-Risking on the Caribbean and Strategies for Ensuring Financial Access.” The hearing kicked off with a historic testimony from Barbados Prime Minister, Mia Amor Mottley, on the harmful effects of de-risking…

Chairwoman Waters Introduces Legislation to Strengthen the Community Reinvestment Act, End Modern-Day Redlining

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services introduced H.R. 8833, the “Making Communities Stronger Through the Community Reinvestment Act.” This transformative piece of legislation is a part of Chairwoman Waters’ continuing efforts to root out discrimination in our modern-day banking system and close the racial wealth and…

Waters Announces Witnesses for Hearing with Megabank CEOs

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following witnesses for the September 21, 2022, full Committee hearing entitled, “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.”  The hearing witnesses include: Andy Cecere, Chairman, President, and Chief Executive…

Waters Delivers Opening Statement at Historic Full Committee Hearing on the Impacts of De-Risking on the Caribbean

| 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, “When Banks Leave: The Impacts of De-Risking on the Caribbean and Strategies for Ensuring Financial Access.” I would like to welcome the Prime Minister of Barbados, the Honorable Mia Amor Mottley, to the Financial…

Waters Announces September 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 September: POSTPONED -Thursday, September 8 at 12 p.m. ET: The Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets will convene for a virtual hearing entitled, “Accounting Standards in the 21st Century.” …

Committee on Financial Services Passes Eight Bills to Address Urgent Housing Needs, Protect Consumers, Eliminate Red Tape

| Posted in Press Releases

Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed eight bills to strengthen oversight of our nation’s affordable housing and address the housing and homeless crises, put consumers in the driver’s seat to shape their financial futures and simplify bureaucratic processes to improve communities, here and around the world: H.R. 6889, the…

Chairwoman Maxine Waters’ Statement on Status of Stablecoin Legislation

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the status of ongoing negotiations on the bipartisan stablecoin legislation: I want to thank the Ranking Member and his staff for working with me, my staff, Treasury, and key regulators on legislation that would better regulate stablecoins and require…

Waters’ Opening Statement at July Markup

| 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 markup. Today, this Committee comes together for a markup of nine bills. These bills exemplify the hard work that each one of our members have dedicated to addressing urgent housing needs, protecting consumers, and taking other steps to…

Waters Delivers Opening Statement at Subcommittee Hearing Examining How Mass Shootings Harm Communities, Local Economies, and Economic Growth

| 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 hearing entitled, “Thoughts and Prayers Are Not Enough: How Mass Shootings Harm Communities, Local Economies, and Economic Growth.”   Thank you very much, Chairman Green. To Mayor Brown and all of the…

Waters Announces Committee Victories in 2023 National Defense and Authorization Act

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the victories that the Committee successfully secured in the Fiscal Year 2023 National Defense Authorization Act (NDAA) — foundational legislation that supports our nation’s defense and national security. The law includes several priorities of Democratic Members of the Financial…

Waters Announces July 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 July:   Wednesday, July 13 at 10 AM ET: The Subcommittee on Consumer Protection and Financial Institutions will convene for a hybrid hearing entitled, “Better Together: Examining the Unified Proposed Rule to Modernize the…

Waters at Full Committee Hearing on the Long-Term Impacts of the Hot Housing Market: “Congress Must Pass This Committee’s Housing Title of the Build Back Better Act”

| 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, “Boom and Bust: Inequality, Homeownership, and the Long-Term Impacts of the Hot Housing Market.” As we celebrate National Homeownership Month, we must recognize that homeownership is the primary driver of wealth for most…

Waters and Green Complete Investigation of Meme Stock Market Event; Release Report Revealing the Troubling Business Practices and Inadequate Risk Management Leading up to the Trading Frenzy

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the Committee on Financial Services, and Congressman Al Green (D-TX), Chair of the Subcommittee on Oversight and Investigations, released a Majority staff report entitled, “Game Stopped: How the Meme Stock Market Event Exposed Troubling Business Practices, Inadequate Risk Management, and the Need for Regulatory and Legislative…

Committee on Financial Services Passes 10 Bills to Reduce Housing Costs, Prevent Housing Fires, Support Small Businesses, Stand Up for Consumers and Protect Whistleblowers

| Posted in Press Releases

Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA) passed 10 bills: H.R. 4495, the Downpayment Toward Equity Act is a bill offered by Chairwoman Maxine Waters (D-CA) that would authorize $100 billion for a new HUD grant program to provide financial assistance to first-time, first-generation homebuyers to put towards a downpayment and other…

Waters Delivers Opening Statement at Semiannual Full Committee Hearing with the Federal Reserve: “Republicans Can Talk About the Problems, but They Have Zero Solutions”

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at the semiannual full Committee hearing entitled, “Monetary Policy and the State of the Economy.” Welcome back, Chair Powell, and congratulations on your confirmation as Chair of the Fed. Since you last came before the Committee, Americans continue to…

Waters Delivers Opening Statement at June Full Committee Markup of Bills to Address Inflation, Reduce Housing Costs, Support Small Businesses, and Put Consumers First

| 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 markup.    Today, this Committee will consider a number of bills to reduce housing costs, save lives, put consumers first, support small businesses and entrepreneurs, and protect whistleblowers.   As we mark homeownership…

Waters Announces Updates to June Committee Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following updates to the schedule for the month of June:   POSTPONED - Subcommittee on Consumer Protection and Financial Institutions will convene for a hybrid hearing entitled, “Better, Together: Examining the Unified Proposed Rule to Modernize the Community…

Waters, Green, and Subcommittee Chairs Request Data on Chattel Slavery Financing from Top U.S. Banks and Insurance Companies

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, Congressman Al Green (D-TX), Chair of the Subcommittee on Oversight and Investigations, and all Subcommittee Chairs, sent requests to the nation’s top ten U.S. banks, top five U.S. property and casualty insurance companies, and top five U.S. life insurance companies to inquire about their…

Waters Announces June 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 June:  Tuesday, June 14 at 10:00 AM ET (and subsequent days if necessary): The full Committee will convene for a hybrid markup.  Wednesday, June 22 at 10:00 AM ET: The Subcommittee on Consumer Protection and…

Committee on Financial Services Passes Eight Bills to Keep Up with Evolving Financial Marketplace, Stand Up for Vulnerable Communities

| Posted in Press Releases

Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed eight bills to keep up with an ever-changing marketplace by modernizing our regulatory framework, closing loopholes and ensuring robust oversight, along with bills to promote financial inclusion, expand access to affordable financial services, promote impactful community development and care for…

Waters Opening Statement at May Full Committee Markup

| 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 markup. This Congress, I am so very proud of how Committee Democrats have consistently pushed legislation that reflects our values: bills that put consumers first despite opposition from highly paid lobbyists and big corporations;…

Waters Announces Update to May Committee Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following update to the schedule for the month of May: UPDATED - Tuesday, May 17 at 12:00 PM ET (and subsequent days if necessary): The full Committee will convene for a hybrid markup. Tuesday, May 24 at 12:00 PM ET: The Subcommittee on Diversity and…

Waters Delivers Opening Statement at Full Committee Hearing on the Annual Report of the Financial Stability Oversight Council

| 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, “The Annual Report of the Financial Stability Oversight Council.” Good morning, and welcome Secretary Yellen. Thank you for testifying today on the annual report of the Financial Stability Oversight Council, or FSOC. Before…

Back to top