Subcommittee on Oversight & Investigations

Chairwoman Waters Announces Updates to June Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced the following updates to the Committee schedule for the month of June. Tuesday, June 11 at 10:00 AM – The Subcommittee on Oversight and Investigations will convene a hearing entitled, “An Examination of State Efforts to Oversee the $1.5 Trillion Student Loan Servicing Market.” Tuesday, June 1... Read more »

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... Read more »

Waters: Buying A Car Should Be Fair, Transparent and Free of Discrimination

| Posted in Press Releases

Today, at a Subcommittee on Oversight and Investigations hearing entitled, “Examining Discrimination in the Auto Loan and Insurance Industries,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee gave the following opening statement. As Prepared for Delivery Thank you, Mr. Chairman. Buying a car is a significant purchase for many Americans and should be a fair... Read more »

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 »

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 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 Announces Subcommittee Assignments

| Posted in Press Releases

Following Thursday’s announcement of House Financial Services Subcommittee Chairs, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced Subcommittee assignments for the 116th Congress. Subcommittee on Investor Protection, Entrepreneurship and Capital Markets Congresswoman Carolyn B. Maloney (NY-12), Chair Congressman Brad Sherman (CA-30) Congressman D... 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 and Committee Democrats Press Mnuchin on Suspicious Activity Reports Related to Trump Associates

| Posted in Press Releases

WASHINGTON, D.C. - Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, Congressman Dan Kildee (D-MI), Vice Ranking Member of the Committee on Financial Services, Congresswoman Gwen Moore (D-WI), Ranking Member of the Subcommittee on Monetary Policy and Trade, Congressman Al Green (D-TX), Ranking Member of the Subcommittee on Oversight and Investigation... Read more »

Waters Calls for Hearing to Examine Wells Fargo’s Consumer Abuses

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, Congressman Daniel T. Kildee (D-MI), Vice Ranking Member of the Committee on Financial Services, and Congressman Al Green (D-TX), Ranking Member of the Subcommittee on Oversight and Investigations, wrote to Committee Chairman Jeb Hensarling requesting a public hearing to review the ongoing violations ... Read more »

Committee Dems Introduce Resolution of Inquiry to Follow Trump Money Trail

| Posted in Press Releases

Throughout the controversy surrounding the Trump Administration’s suspicious and undisclosed financial dealings and business partnerships, House Financial Services Committee Democrats have remained committed to following the money trail. Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, Congressman Daniel Kildee (D-MI), Vice Ranking Member of the Committee ... Read more »

Waters and House Committee Democrats Introduce Resolutions of Inquiry to Hold the Trump Administration Accountable

| Posted in Press Releases

WASHINGTON - Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, joined Democratic Leader Nancy Pelosi and other House Democratic Committee leaders to highlight House Republicans’ failure to investigate and conduct adequate oversight of the Trump Administration. At the press conference, Ranking Member Waters stressed the urgency behind investigating th... Read more »

Waters Announces the Democratic Vice Ranking Member, Subcommittee Ranking Members, and Subcommittee Assignments

| Posted in Press Releases

Today, Ranking Member Maxine Waters (D-CA) and Democrats on the House Committee on Financial Services elected their Vice Ranking Member and their Subcommittee Ranking Members. Members also selected their Subcommittee assignments for the 115th Congress.‎ The Democratic Caucus created the Vice Ranking Member position to provide more representation of the diversity of the Democratic Caucus, and stren... Read more »

Waters Announces Financial Services Subcommittee Assignments

| Posted in Press Releases

Ranking Member Maxine Waters (D-CA) today announced subcommittee assignments for the Democratic Members of the House Financial Services Committee. The Ranking Members of each subcommittee were chosen through a selection process based on seniority, with the confirmation of all Committee members. Positions on each subcommittee were secured through an open-bidding process in which all members of the ... Read more »

Cordray and Republicans Trade Barbs at Hearing

| Posted in In Case You Missed It

The head of the Consumer Financial Protection Bureau had several testy exchanges with House Republicans on Wednesday at a hearing held to examine allegations of discrimination and retaliation at the consumer agency. CFPB Director Richard Cordray appeared before the House Financial Services Oversight and Investigations Subcommittee to address charges that have surfaced in recent months of discrimin... Read more »

Waters Statement at CFPB Hearing

| Posted in Press Releases

Congresswoman Maxine Waters, Ranking Member of the Financial Services Committee, gave the following remarks at today’s Subcommittee on Oversight and Investigations hearing to discuss “Allegations of Discrimination and Retaliation within the Consumer Financial Protection Bureau.” At the hearing, Waters continued to underscore the seriousness of the allegations at the CFPB, and again called on Repub... Read more »

Waters Announces New Democratic Subcommittee Membership

| Posted in Press Releases

Congresswoman Maxine Waters, Ranking Member of the Financial Services Committee, today announced changes in the Democratic membership of the Financial Services’ subcommittees. Changes were necessary due to the departure of former Rep. Mel Watt (D-NC) to head the Federal Housing Finance Agency, and the appointment of Rep. Steven Horsford (D-NV) to the Committee. Ranking Members of the various subco... Read more »

Waters, Green Call for Hearing with Senior Management at CFPB

| Posted in Press Releases

At today’s Financial Services’ Subcommittee on Oversight and Investigations hearing to discuss allegations of discrimination and retaliation at the Consumer Financial Protection Bureau (CFPB), Congresswoman Maxine Waters (D-CA) and Congressman Al Green (D-TX) expressed serious concern over the revelations of the witnesses and underscored the need for senior Bureau officials to come before the Comm... Read more »

Key Democratic Leaders Call for Review of Employment Practices at CFPB, Financial Regulators

| Posted in Press Releases

Subcommittee on Oversight asks inspectors general to review workplace discrimination Democratic members of the Financial Services Committee Subcommittee on Oversight and Investigations have called on inspectors general at the Consumer Financial Protection Bureau (CFPB) and all other financial regulators to assess whether any personnel practices and policies have created an unfair or discriminatory... Read more »

Waters Calls for Aggressive Prosecution of Financial Institutions Involved in Drug Money Laundering

| Posted in Press Releases

Congresswoman Maxine Waters, Ranking Member of the House Financial Services Committee, lit up a committee hearing Wednesday by calling for aggressive prosecution of financial institutions involved in the laundering of illegal drug money. The hearing, held by the Oversight and Investigations Subcommittee of the House Committee on Financial Services, focused on the question of whether large financia... Read more »

Subcommittee Members of the Democratic Caucus of the House Financial Services Committee

| Posted in Press Releases

Congresswoman Maxine Waters, Ranking Member of the House Financial Services Committee, today announced the Democratic Members of the subcommittees of the FSC. The memberships of the subcommittees were determined by an open bidding process within the Democratic caucus of the committee. The process was guided in part by Members’ years of service to the committee, but it also gave all Members a chanc... Read more »



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