Full Committee

House Republicans Block Emergency Legislation by Chairwoman Waters to Extend Federal Eviction Moratorium

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a statement following Republican objections to the Majority Leader’s unanimous consent request to take up her bill, H.R. 4791, the “Protecting Renters from Evictions Act of 2021,” which would extend the federal eviction moratorium through the end of the year. “The eviction moratorium ends tomo...

Waters at Hearing on Oversight of HUD: Key to Building Back Better, and More Equitably, Is Understanding That Housing Is Infrastructure

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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, “Building Back A Better, More Equitable Housing Infrastructure for America: Oversight of the Department of Housing and Urban Development.” First of all, a happy good morning, Secretary Fudge. I am so delighted to have you with...

Waters at Hearing on the State of the Economy: The Fed Must Play a Central Role in This Economic Transformation

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee virtual hearing entitled, “Monetary Policy and the State of the Economy.” First, I would like to welcome back, Chair Powell. We’re delighted to have you with us here today. Much has happened since the last time you testified on the Fed’s Monetary Poli...

Waters at Hearing on Overhauling Credit Reporting System: We Need Big, Bold Legislative Solutions

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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, “A Biased, Broken System: Examining Proposals to Overhaul Credit Reporting to Achieve Equity.” As the title of this hearing indicates, our current credit reporting system is broken. Good credit is a gateway to wealth. Yet, for...

Waters Announces July Committee Schedule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of July: July 14 at 12:00 PM ET: The full Committee will convene for a virtual hearing entitled, “Monetary Policy and the State of the Economy.” July 15 at 12:00 PM ET: The Subcommittee on Oversight and Investigations will convene for a virtual hearing ...

Waters Opening Statement at June Full Committee Markup

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a full Committee hybrid markup. Today, this Committee will mark up four bills. As Chairwoman of this Committee, I am very pleased to advance several strong legislative solutions that have been introduced by Committee Democrats. These bills build on lessons lea...

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 that all remaining hearings for the month of June will convene in hybrid format with an in-person and virtual option. June 23 at 10:00 AM ET: The full Committee will convene for a hybrid markup. June 29 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “A Biase...

Waters at Hearing on Ending Homelessness: We Must Move Forward on Legislation to Make Housing Vouchers Universally Available

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following closing statement at a full Committee virtual hearing entitled, “Universal Vouchers: Ending Homelessness and Expanding Economic Opportunity in America.” Today’s hearing has highlighted the need to move forward urgently on legislation to make Housing Choice Vouchers universally ava...

Waters at Hearing on Megabanks: I Have Made It a Priority to Ensure Rigorous Oversight Over Megabanks

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee virtual hearing entitled, “Holding Megabanks Accountable: An Update on Banking Practices, Programs and Policies.” Good Afternoon. Today, this Committee convenes for a hearing entitled, “Holding Megabanks Accountable: An Update on Banking Practices, Pr...

Waters Opening Statement at Hearing on Oversight of Prudential Regulators

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee virtual hearing entitled, “Oversight of Prudential Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions.” Welcome, Chairman Harper and Acting Comptroller Hsu, and welcome back Chairman McWilliams and Vic...

Waters Announces Subcommittee Vice Chairs for 117th Congress

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the Financial Services Committee Vice Chairs for the 117th Congress. “I am excited to announce the Committee’s Subcommittee Vice Chairs for the 117th Congress,” said Chairwoman Waters. “Financial Services Committee Democrats are a diverse, talented, knowledgeable and effective group of lea...

Waters Announces Auchincloss as Financial Services Committee Vice Chair

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Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced that Congressman Jake Auchincloss (D-MA) will serve as Vice Chair of the Committee in the 117th Congress. Representative Auchincloss was elected to serve as Vice Chair by Committee Democrats. “I am pleased to announce that Congressman Jake Auchincloss will serve as Vice Chair of the Financial Servic...

Committee Passes Legislation to Help Combat Lending Discrimination, Support LGBTQ-Owned Businesses, and Hold Public Companies Accountable

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The House Committee on Financial Services passed six bills to help combat credit discrimination, ensure fair lending testing, support LGBTQ-owned businesses, improve language access in mortgage servicing, and hold public companies accountable for disclosing pay raise information, climate change risks, and total amounts paid in taxes to better inform investors. The bills passed by the Committee inc...

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 hybrid markup. Today, this Committee will mark up six bills. As Chairwoman of this Committee, I am very pleased to advance several strong legislative solutions that have been introduced by Committee Democrats. At this markup the Committee will...

Waters at Third Hearing on Ongoing Market Volatility: This Committee Is Focused on Ensuring Accountability for Wall Street

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee virtual hearing entitled, “Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide, Part III.” Today, this Committee convenes for part three of our series of hearings focused on market volatility related to Game...

Waters Announces Witnesses for Third Committee Hearing on Market Volatility

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following witnesses for the May 6 full committee virtual hearing entitled: “Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide, Part III.” The Honorable Gary Gensler, Chairman, U.S. Securities and Exchange Commission Michael Bodson, Presiden...

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: May 4 at 12:00 PM ET: The Subcommittee on Housing, Community Development and Insurance will convene for a virtual hearing entitled, “Built to Last: Examining Housing Resilience in the Face of Climate Change.” May 6 at 12:00 PM ET: The full Commi...

House Passes Seven Bipartisan Financial Services Bills

| Posted in Press Releases

This week, the U.S. House of Representatives passed seven bipartisan bills introduced by House Financial Services Committee Members. The House passed the SAFE Banking Act (H.R. 1996), a bipartisan bill by Representative Ed Perlmutter (D-CO), which would help ensure cannabis businesses operating in nearly all states that have legalized its use have access to basic banking products and services, by ...

Committee Passes Legislation to Advance Racial Equity, Protect Consumers, and Improve Disclosures by Public Companies

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Today, the House Financial Services Committee passed eight bills, including legislation to advance racial and economic justice, promote equity in the financial system, ensure consumers are not exposed to abusive debt collection practices, and provide key material information to investors. The bills passed by the Committee include. The Shareholder Political Transparency Act (H.R. 1087), a bill by R...

Waters, Brown Announce Hearings with Major Bank CEOs

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and U.S. Senator Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, announced that hearings with the CEOs of the nation’s largest banks, including JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley, will be held...

Waters at Infrastructure Hearing: We Have Momentum for Serious, Equitable Investments in Our Housing System

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee virtual hearing entitled, “Build Back Better: Investing in Equitable and Affordable Housing Infrastructure.” Today, the Committee will be focusing on the need for major investments in equitable and affordable housing infrastructure. Last month, Congre...

Waters at Hearing with Yellen and Powell: We Must Ensure That There is a Sustained and Equitable Recovery

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a full Committee virtual hearing entitled, “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response.” I’d like to welcome Secretary Yellen and Chair Powell. I am very pleased that, with Democrats’ passage of President Biden’s American Re...

Waters at Second Hearing on Ongoing Market Volatility: The Committee Must Assess Legislative Next Steps

| 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 virtual hearing entitled, “Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide, Part II.” Good morning every one. Today this Committee convenes for our second hearing on the ongoing volatility involv...

Waters at Racial Equity Hearing: Institutional Racism Has Led to the Exclusion of Communities of Color From Housing and Financial Services

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a full Committee virtual hearing entitled, “Justice for All: Achieving Racial Equity Through Fair Access to Housing and Financial Services.” Today we are here to discuss steps that this Committee can take to create justice and achieve racial equity through acc...

Waters Announces Updates to March Hearing 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 hearing schedule for the month of March: March 10 at 10:00 AM ET: The full Committee will convene for a virtual hearing entitled, “Justice for All: Achieving Racial Equity Through Fair Access to Housing and Financial Services.” March 11 at 10:00 AM ET: The Subc...



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