Markup

Waters Opening Statement at June 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 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...

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

| Posted in Press Releases

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 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...

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

| Posted in Press Releases

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 Announces Committee Reauthorization of Task Forces on Financial Technology and Artificial Intelligence for 117th Congress

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced the reauthorization of the Financial Technology and Artificial Intelligence Task Forces. “I am very pleased to announce that our Task Forces on Financial Technology and Artificial Intelligence will continue their work examining emerging technologies in the financial services and housing indus...

Waters Delivers Opening Statement at Full Committee Markup

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hybrid markup. Good morning. Today, we are here to mark up a series of important measures. I am very pleased that, following the Committee’s hearing in March on racial justice and racial equity, today the Committee will be considering several bills by...

Waters Convenes Financial Services Markup on American Rescue Plan, Advancing COVID-19 Relief for Families in Need

| 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 markup to consider legislation to carry out President Biden’s American Rescue Plan. Today this Committee convenes for a mark up to consider legislation to carry out President Biden’s American Rescue Plan, the American Rescue Plan Act of 2021. I am so thankfu...

Waters Opening Statement at Committee Organizational Meeting and Markup to Adopt Committee Rules

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at a full Committee organizational meeting and markup to consider a resolution to adopt the Committee’s rules for the 117th Congress. As Prepared for Delivery Today marks the first official meeting of the Committee on Financial Services in the 117th Congress. Today ...

Committee Releases Report on 2020 Activities

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a report on the Committee’s work during the second session of the 116th Congress. During a time of crisis, the Committee worked tirelessly to provide relief and protections to individuals, families, and small businesses across the nation. “When the pandemic hit in 2020, the Committee did not s...

Committee Continues Efforts to Advance Legislation Benefiting Consumers and Investors

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, delivered the following opening statement at a full Committee markup to make housing more affordable and available, fight housing discrimination, and increase transparency and disclosures in the nation’s capital markets. As Prepared for Delivery In 2019, the Committee had a very productive year, and ad...

Chairwoman Waters Announces Additional Updates to February Committee Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced an updated Committee schedule to conform with a recent change to the House calendar on February 26. February 26 at 2:00 PM – The full Committee will convene for a markup. February 27 at 10:00 AM – The full Committee will convene for a continuation of the February 26 markup. POSTPONED: The ful...

Committee Passes Commonsense Legislation to Benefit Hardworking Americans

| Posted in Press Releases

Yesterday, the House Financial Services Committee passed eight bills to protect student borrowers, enhance consumer credit reporting, ensure that regulators are working to preserve and promote Minority Depository Institutions (MDIs), and improve cybersecurity. The bills passed by the Committee included. Protecting Your Credit Score Act of 2019 (H.R. 5332), a bipartisan bill by Representative Josh ...

Waters Opening Statement at Final Committee Markup of 2019

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at a full Committee markup to protect student loan borrowers, improve our broken credit reporting system, preserve and promote Minority Depository Institutions and strengthen our nation’s cybersecurity As Prepared for Delivery Today the Committee will mark up eight ...

Waters Opening Statement at Committee Markup of Bills to Protect Servicemembers and Prevent Predatory Debt Collection Practices

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at a full Committee markup of bills to help veterans experiencing homelessness, protect servicemembers from harassment by debt collectors, and crack down on predatory debt collection practices to help consumers and small businesses As Prepared for Delivery Good morn...

Waters Announces November 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 November: November 13 at 10:00 AM: The Subcommittee on National Security, International Development, and Monetary Policy will convene for a hearing entitled, “How America Leads Abroad: An Examination of Multilateral Development Institutions.” Novemb...

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 ...

House Passes Bipartisan Financial Services Bill to Crack Down on Shell Companies and Fight Money Laundering and Terrorist Finance

| Posted in Press Releases

Today, the U.S. House of Representatives passed H.R. 2513, The Corporate Transparency Act of 2019, bipartisan legislation introduced by Congresswoman Carolyn Maloney (D-NY), Chair of the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, and Congressman Peter King (R-NY). It was passed by a vote of 249-173. H.R. 2513 would close significant loopholes that are commonly abus...

Waters Announces Updates to October Hearing Schedule

| 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 October: Wednesday, October 16 at 10:00 AM: The full Committee will convene a hearing entitled, “Who Is Standing Up for Consumers? A Semi-Annual Review of the Consumer Financial Protection Bureau.” Wednesday, October 16 at 2:00 PM: The Subcommittee ...

Waters Announces October 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 October: Wednesday, October 16 at 10:00 AM: The full Committee will convene a hearing entitled, “Who is Standing Up for Consumers? A Semi-Annual Review of the Consumer Financial Protection Bureau.” Wednesday, October 16 at 2:00 PM: The Subcommittee ...

Committee Passes 12 Bills to Benefit Consumers, Investors and Vulnerable Families

| Posted in Press Releases

Today, the House Financial Services Committee passed 12 bills to benefit consumers, investors, and vulnerable families, including six bipartisan measures. The legislation passed by the Committee included: The Investor Protection and Capital Markets Fairness Act (H.R.4344), a bill by Representative Ben McAdams (D-UT), that would substantially strengthen the authority of the Securities and Exchange ...

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....

Waters Announces September 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 September: Wednesday, September 4 at 10:00 AM — The Subcommittee on Oversight and Investigations will convene a field hearing entitled, “Examining Discrimination and Other Barriers to Consumer Credit, Homeownership, and Financial Inclusion in Texas,...



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