Department of the Treasury

Mnuchin to Return on May 22 to Continue Testimony Before Committee

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced the continuation of a full Committee hearing with U.S. Department of the Treasury Secretary Steven Mnuchin entitled, “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System.” The Treasury Secretary will appear before the Committee on Wednesday... Read more »

Waters and Engel Demand Overdue Russian Sanctions Report

| Posted in Press Releases

Representative Maxine Waters, Chairwoman of the House Committee on Financial Services, and Representative Eliot L. Engel, Chairman of the House Committee on Foreign Affairs, have taken the Trump Administration to task for its failure to produce a report that is now four months past a statutory deadline detailing actions to crack down on human-rights abusers in Russia. In a letter to Secretary of S... Read more »

Waters to Mnuchin: I Expect You To Be Forthcoming With This Committee

| Posted in Press Releases

Today, at a full Committee hearing with U.S. Department of the Treasury Secretary Steven Mnuchin entitled, “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement: Today, this Committee convenes for a hearing to receiv... Read more »

Committee Chairs Press Mnuchin for Documents on Sanctions Relief for Businesses Tied to Deripaska

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee; Congressman Adam Schiff (D-CA), Chairman of the Permanent Select Committee on Intelligence; and Congressman Eliot Engel (D-NY), Chairman of the Committee on Foreign Affairs, sent a letter to Steven Mnuchin, Secretary of the U.S. Department of the Treasury, requesting all documents and records pertainin... Read more »

Democratic Committee Leaders Respond to the Trump Administration’s Lifting of Sanctions on Russian Businesses Tied to Oleg Deripaska

| Posted in Press Releases

Today, House Financial Services Committee Chairwoman Maxine Waters (D-CA), House Foreign Affairs Committee Chairman Eliot L. Engel (D-NY), Ways and Means Committee Chairman Richard Neal (D-MA), and House Permanent Select Committee on Intelligence Chairman Adam Schiff (D-CA) released the following statement after the Treasury Department lifted sanctions against companies tied to Russian oligarch Ol... Read more »

Waters Floor Statement on Bipartisan Legislation to Investigate Abuses of Financial Technology

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement on H.R. 56, the Financial Technology Protection Act, bipartisan legislation that would strengthen efforts to deter terrorist and illicit abuses of financial technology. As Prepared for Delivery I’m so pleased that this body will vote on H.R. 56, the Financial Technolo... Read more »

Waters Statement on the Trump Shutdown’s Impact on the Treasury Department

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement on the impact of the Trump shutdown on the U.S. Department of Treasury, the agency that plays a critical role in the U.S. economy including collecting taxes and paying the debts of the United States. “The Trump shutdown is the longest in U.S. history. I remain very concer... Read more »

Waters Applauds House Passage of Resolution of Disapproval to Block the Trump Administration’s Actions to Ease Sanctions on Companies Tied to Russian Oligarch

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement applauding House passage of H.J. Res. 30, a Resolution of Disapproval to reverse the U.S. Department of the Treasury’s decision to lift sanctions on companies owned by Russian oligarch Oleg Deripaska. “Today the House overwhelmingly passed H.J. Res. 30, a Resolution of D... Read more »

Waters Statement on Senate Resolution to Block the Trump Administration’s Actions to Ease Sanctions on Companies Tied to Russian Oligarch

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement regarding the U.S. Treasury Department’s decision in December to remove sanctions on three Russian companies connected to Russian oligarch Oleg Deripaska: “I am very concerned about the Treasury Department’s actions to lift sanctions on businesses connected to Oleg Derip... Read more »

House Chairs Demand Answers On Sanctions Relief For Russian Oligarch

| Posted in Press Releases

The chairs of seven committees in the House of Representatives today are calling on the Trump Administration to explain the easing of sanctions on businesses tied to Russian oligarch Oleg Deripaska. In response to a December 19, 2018 notification that the Treasury Department intends to terminate sanctions against three companies tied to Deripaska, the lawmakers wrote Secretary of the Treasury Stev... Read more »

Waters Statement on Trump and Mnuchin’s Recent Actions

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, made the following statement in response to the recent actions and statements of President Trump and Treasury Secretary Mnuchin: “The financial markets need certainty, and a Federal Reserve that can independently set monetary policy. The recent actions of the President and the Treasury Secretary... Read more »

Waters Statement on OCC Fintech Charter Announcement and Treasury Report

| Posted in Press Releases

Today, in response to the U.S. Department of Treasury’s regulatory report on financial technology (fintech) and the Office of the Comptroller of the Currency’s (OCC) announcement that it will accept applications for national bank charters from fintech companies, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Committee on Financial Services, made the following statement: “I am deep... 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 to Mnuchin: This is Your Excuse For Not Having Implemented the Law?

| Posted in Press Releases

At a full Committee hearing of the House Committee on Financial Services, Ranking Member Maxine Waters (D-CA), pressed Treasury Secretary Steven Mnuchin on the Trump Administration’s inaction on the Russia sanctions passed with broad bipartisan support by Congress in 2017 to punish Russia for interfering in our democracy. Section 231 of the Countering America’s Adversaries Through Sanctions Act (C... Read more »

Waters Demands that Mnuchin and Tillerson Explain Inaction on Russia Sanctions

| Posted in Press Releases

Today, following a series of baffling statements from the Trump Administration regarding its failure to act on the Russia sanctions enacted by Congress in 2017, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, sent a letter to Secretary of the Treasury Steven Mnuchin and Secretary of State Rex Tillerson, demanding answers as to why no action has been taken... Read more »

Waters and Ranking Members Continue to Press Mnuchin on Trump Finances, Call for His Recusal

| Posted in Press Releases

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 Investigations, and Congressman ... Read more »

Waters and Ranking Members Press Mnuchin to Provide Documents on Trump’s and Trump Associates’ Financial Ties to Russia

| Posted in Press Releases

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 Investigations, and Congressman ... Read more »

Waters Statement on Reports That Deutsche Bank has Been Subpoenaed by Special Counsel Mueller

| Posted in Press Releases

Today, in response to reports that Special Counsel Robert Mueller has subpoenaed Deutsche Bank for records relating to President Trump and his family, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, made the following statement: “I am pleased to see reports that Special Counsel Mueller is following the Trump money trail, as I have always believed it is th... Read more »

Waters Opening Statement at Subcommittee Hearing on Treasury’s Role in Safeguarding the American Financial System

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, gave the following opening statement at a Subcommittee on Terrorism and Illicit Finance hearing entitled “Financial Intelligence and Enforcement: Treasury’s Role in Safeguarding the American Financial System.” As Prepared for Delivery Thank you, Mr. Chairman and welcome, Under Secretary Mandelker. Tod... Read more »

Waters Grills Mnuchin about Trump Administration’s Financial Ties to Russia, Mnuchin Filibusters

| Posted in Press Releases

Today in an exchange between Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, and Treasury Secretary Steven Mnuchin, Secretary Mnuchin continued to avoid Ranking Member Waters’ question concerning the Secretary’s lack of response to the Democrats’ May 23 letter regarding potential suspicious financial activity between Russia and the Trump Administration. ... Read more »

Waters Demands Answers from Treasury Secretary Mnuchin

| Posted in Press Releases

At today’s Financial Services Committee hearing with Treasury Secretary Steven Mnuchin, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, called for Secretary Mnuchin to address several matters of concern, including a May 23 letter from Committee Democrats requesting information regarding the financial dealings of President Trump, his family members, and hi... Read more »

Waters Statement at Committee Markup of Resolution to Follow Trump Money Trail

| Posted in Press Releases

Today, at a full Financial Services Committee markup of five bills, the Committee will consider Committee Democrats’ Resolution of Inquiry, which directs Treasury Secretary Mnuchin to provide Congress with documents on the financial dealings of President Trump, his family members, and his associates. In her opening statement, Congresswoman Maxine Waters (D-CA), Ranking Member of Financial Services... 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 »

Committee Democrats to Treasury: Provide Information on Trump’s Financial Ties with Russia to Our Committee

| Posted in Press Releases

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 Investigations, and Congressman ... Read more »



Subscribe for Updates

Twitter Feed