Export-Import Bank

Waters, House Chairs Seek Accounting of Political Appointees Burrowing into Career Positions at Dozens of Agencies

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and other House Committee Chairs sent a letter to 61 federal agencies requesting information on conversions of political appointees to civil service positions during the Trump Administration. “Protecting the nonpartisan expertise of the career civil service is essential to the safety and security of...

Waters, House Committee Chairs Send Dozens of Letters Directing White House and Federal Agencies to Preserve Documents

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and other Committee Chairs across the House of Representatives sent letters directing the White House and more than 50 federal agencies within their jurisdictions to comply with federal record-keeping laws and preserve information responsive to congressional subpoenas and investigations. “As the Tru...

Waters Statement on the Inclusion of Bipartisan Agreements on TRIA, EXIM Bank, and the World Bank in Approps Package

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement on the inclusion of World Bank funding and seven-year reauthorizations of the Terrorism Risk Insurance Act (TRIA) and the Export-Import Bank (EXIM) in House FY2020 appropriations legislation. “At the beginning of this Congress, I made clear that the long-term reauthorizat...

Waters Applauds Inclusion of Bipartisan Agreements on TRIA, EXIM Bank, and the World Bank in Approps Package

| Posted in Press Releases

Following months of negotiations, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, applauded the inclusion of World Bank funding and seven-year reauthorizations of the Terrorism Risk Insurance Act (TRIA) and the Export-Import Bank (EXIM) in House FY2020 appropriations legislation. The provisions included in the appropriations legislation closely mirror the ...

House Passes Waters’ Bill to Preserve and Create American Jobs at Home

| Posted in Press Releases

Today, the U.S. House of Representatives passed H.R. 4863, The United States Export Finance Agency Act of 2019, legislation introduced by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, to reauthorize and improve the Export-Import (EXIM) Bank which supports American workers, businesses and the economy. It was passed by a vote of 235-184. H.R. 4863, The Uni...

Waters Floor Statement on Legislation to Reauthorize the Job-Creating EXIM Bank

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, delivered the following floor statement on H.R. 4863, the United States Export Finance Agency Act of 2019, a bill she introduced to reauthorize and improve the Export-Import (EXIM) Bank, which supports American workers, businesses and the economy. As Prepared for Delivery Mr. Chairman, I rise in strong...

Committee Passes Legislation to Increase Regulator Accountability and Protect American Workers and Businesses

| Posted in Press Releases

Today, the House Financial Services Committee passed four bills to hold regulators accountable and reauthorize the Terrorism Risk Insurance Program and the Export-Import Bank. See the Chairwoman’s opening statement here and the legislation below. The United States Export Finance Agency Act (H.R. 4863), a bill by Representative Maxine Waters (D-CA), Chairwoman of the House Financial Services Commit...

Waters’ Opening Statement at Markup of Legislation to Hold Regulators Accountable and Support American Workers and Small Businesses

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following opening statement at a full committee markup: As Prepared for Delivery Good afternoon. At today’s markup we will consider four bills, as well as approving subcommittee assignments for Republican members. At the beginning of this Congress, I made clear that I would be looking ...

Waters Announces Fall 2019 Priorities and Highlights Committee Accomplishments

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced an overview of the Committee’s fall 2019 priorities and highlighted the Committee’s efforts in the 116th Congress to work on behalf of consumers, investors, and vulnerable families. Fall 2019 Priorities This fall, the Committee will continue its work to ensure fairness, competition, and trans...

Waters Statement on CFPB Student Loan Ombudsman Announcement

| Posted in Press Releases

Following the announcement that Robert Cameron, former head of compliance and risk mitigation at the Pennsylvania Higher Education Assistance Agency (PHEAA/FedLoan Servicing), will serve as the Private Education Loan Ombudsman at the Consumer Financial Protection Bureau (CFPB), Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement....

Committee Passes Legislation to Protect Residents of HUD-Subsidized Housing from Carbon Monoxide

| Posted in Press Releases

Today, the House Financial Services Committee, held a markup of H.R. 1690, the Safe Housing for Families Act of 2019, legislation that protects residents of public housing from carbon monoxide poisoning. This legislation, introduced by Rep. Chuy Garcia (D-IL), would authorize $300 million over three years to fund the installation and maintenance of carbon monoxide detectors in Department of Housin...

Waters Opening Statement at Hearing on Reauthorization of the EXIM Bank

| Posted in Press Releases

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 (...

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...

Waters: Trump Budget Would Harm Consumers, Open the Door to Another Financial Crisis

| Posted in Press Releases

Today, in response to the Trump Administration’s release of its full budget request to Congress for Fiscal Year 2019, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, issued the following statement: “Trump’s budget proposal would harm American consumers, hurt our nation’s communities and wipe out financial reforms that are in place to prevent another finan...

Waters Speaks Out Against Maneuver to Remove Bipartisan Export-Import Bank Amendment from Omnibus Funding Bill

| Posted in Press Releases

During consideration of H.R. 3354, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, spoke on the House floor against a ruling to eliminate an amendment introduced by Congressman Charlie Dent (R-PA) which would temporarily modify the Export-Import Bank’s quorum requirement, allowing the Bank to consider transactions of all sizes and clear its significant ba...

Democrats Slam Hensarling Plan to Undermine Bipartisan Export-Import Bank Amendment

| Posted in Press Releases

Following Financial Services Committee Chairman Jeb Hensarling's request to eliminate a bipartisan amendment to temporarily modify the Export-Import Bank’s quorum requirement, which would allow the Bank to consider transactions of all sizes and clear its significant backlog, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, Congressman Steny Hoyer (D-MD), H...

Waters Strongly Opposes Garrett’s Nomination to Lead Ex-Im

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, issued the following statement opposing President Trump’s official nomination of former Representative Scott Garrett, a staunch opponent of the Export-Import Bank (Ex-Im), to serve as its next president: “Despite all the claims Trump made over the course of his campaign, the selection of former right-...

Waters: Ex-Im Opponent Scott Garrett is the Wrong Choice to Lead the Ex-Im Bank

| Posted in Press Releases

WASHINGTON - Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, issued the following statement opposing the pending nomination of former Representative Scott Garrett, a staunch opponent of the Ex-Im Bank, to serve as its next president: “Despite all the claims Trump made over the course of his campaign, the selection of former right-wing Representati...

Waters Strongly Opposes Trump’s Harmful Budget Proposal

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, released the statement below in response to President Trump’s budget blueprint: “This a dangerous budget, but we only know part of it. Trump’s massive cuts to housing and economic development programs would put millions of Americans and their communities at risk. But this is only part of the story: Trump’s b...

Statement by Ranking Member Maxine Waters on the Resignation of Export-Import Bank Chairman and President Fred P. Hochberg

| Posted in Press Releases

“As the Obama Administration comes to a close, we must acknowledge the noble men and women who dedicated themselves to serving this Administration. Fred Hochberg, one of the most distinguished business leaders in our nation’s history, served with distinction, compassion, and a commitment to creating jobs and supporting our economic recovery. “Over the course of more than 80-years, the Export-Impor...

Waters Opposes Bill to Undermine Iran Nuclear Deal, Warns of Global Risks Under Trump

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, spoke on the House floor opposing H.R. 5711, a bill that would undermine the Iran nuclear deal, thereby jeopardizing both U.S. and global security. “I am particularly concerned that this bill comes at a time of deep global uncertainty about U.S. foreign policy," Waters said. "We have a President-elect whose ...

Waters Opposes Republicans’ Unacceptable Short-Term Funding Bill

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Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, issued the following statement on Republicans’ continuing resolution (CR) that would fund the government until December: “Republicans have proposed a continuing resolution to fund our government and services to the American people that is simply unacceptable. This CR is an insult to the people of Flin...

At Markup, Waters Opposes GOP Efforts to Undermine Iran Nuclear Deal

| Posted in Press Releases

In opening remarks during a Financial Services Committee markup today, Congresswoman Maxine Waters (D-CA), the Committee’s Ranking Member, expressed concern with legislation that would violate or undermine the U.S.’s commitments under the Iran nuclear deal. “We are considering two pieces of legislation today that would have serious consequences for our ability to uphold the Iran nuclear deal and a...

ICYMI: Hoyer, Waters, Moore, Heck Send Letter Urging Confirmation of J. Mark McWatters to the Board of the Export-Import Bank

| Posted in In Case You Missed It

House Democratic Whip Steny H. Hoyer, along with House Financial Services Committee Ranking Member Maxine Waters, Monetary Policy & Trade Subcommittee Ranking Member Gwen Moore, and Rep. Denny Heck, today sent a letter to Senate Banking Committee Chairman Richard Shelby urging action on the confirmation of J. Mark McWatters to a four-year term serving on the Board of the Export-Import Bank. The le...

Waters Lauds Final Passage Vote to Renew Ex-Im

| Posted in Press Releases

As the House completed votes on final passage of H.R. 22, and with it the four-year reauthorization of the Export-Import Bank, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, hosted a press conference to mark the long-awaited renewal of the export credit agency. Waters discussed the many ways she and other supporters have worked to achieve reauthorization...



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