Community Banks

Waters Statement in Opposition to Bill That Would Help Megabanks and Predatory Lenders Escape Accountability

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, gave the following floor statement in opposition to H.R. 4545, a bill that makes it more likely that bad actors, including megabanks and predatory lenders, would avoid or delay accountability when they break federal law. As Prepared for Delivery Mr. Speaker, H.R. 4545 is yet another harmful bill that ... Read more »

Waters Statement in Opposition to Bill that Rolls Back Important Dodd-Frank Rules for Large Banks

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, gave the following floor statement in opposition to H.R. 3312, a bill that would deregulate some of the largest banks: Mr. Chairman, I rise in strong opposition to H.R. 3312, the Systemic Risk Designation Improvement Act. At a time when big banks are doing very well and the industry made record profi... Read more »

In Floor Remarks, Waters Denounces Partisan Change to Small Bank Policy Statement

| Posted in Press Releases

In remarks on the House floor today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, led Democrats in opposition to H.R. 3791, which would increase by fivefold the asset threshold under the Small Bank Holding Company Policy Statement, encouraging more consolidation of small community banks and endangering their safety and soundness. In her remarks, Waters... Read more »

Waters Statement on Full Committee Markup

| Posted in Press Releases

During opening remarks at a Financial Services Committee markup of nearly a dozen legislative proposals today, Congresswoman Maxine Waters (D-CA), the Committee’s Ranking Member, outlined a number of areas where Democrats are willing to with Republicans to find bipartisan compromise. However, the Ranking Member also stressed that while Democrats are willing to work with their Republican colleagues... Read more »

Democrats Urge Regulators to Provide Targeted Volcker Relief to Community Banks

| Posted in Press Releases

As regulators contemplate changes to a provision of the “Volcker Rule” related to the treatment of investments in Collateralized Debt Obligations (CDOs) backed by Trust Preferred Securities (TruPS), 22 Democratic members of the Financial Services Committee have expressed their support for providing important regulatory relief to the community banking sector while preserving strong controls on bank... Read more »

Waters Opening Statement for Hearing on Community banks need easing of regulatory burden, and benefit when larger institutions are appropriately regulated

| Posted in Press Releases

Ranking Member Waters opening statement at 4-16-2013 Financial Institutions Subcommittee Hearing titled, “Examining Community Bank Regulatory Burdens” I want to thank the witnesses for taking time to come talk to us today. I know it’s still a challenging time for community sized institutions such as yourselves and it can’t be easy to take time away from your businesses. And I want to get you all b... Read more »



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