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Waters Announces July 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 July: Wednesday, July 13 at 10 AM ET: The Subcommittee on Consumer Protection and Financial Institutions will convene for a hybrid hearing entitled, “Better Together: Examining the Unified Proposed Rule to Modernize the Community Reinvestment Act.” T...

Committee on Financial Services Passes 10 Bills to Reduce Housing Costs, Prevent Housing Fires, Support Small Businesses, Stand Up for Consumers and Protect Whistleblowers

| Posted in Press Releases

Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA) passed 10 bills: H.R. 4495, the Downpayment Toward Equity Act is a bill offered by Chairwoman Maxine Waters (D-CA) that would authorize $100 billion for a new HUD grant program to provide financial assistance to first-time, first-generation homebuyers to put towards a downpayment and other upfront costs to purcha...

Waters Announces June 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 June: Tuesday, June 14 at 10:00 AM ET (and subsequent days if necessary): The full Committee will convene for a hybrid markup. Wednesday, June 22 at 10:00 AM ET: The Subcommittee on Consumer Protection and Financial Institutions will convene for a hy...

Committee on Financial Services Passes Eight Bills to Keep Up with Evolving Financial Marketplace, Stand Up for Vulnerable Communities

| Posted in Press Releases

Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed eight bills to keep up with an ever-changing marketplace by modernizing our regulatory framework, closing loopholes and ensuring robust oversight, along with bills to promote financial inclusion, expand access to affordable financial services, promote impactful community development and care for those exp...

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 markup. This Congress, I am so very proud of how Committee Democrats have consistently pushed legislation that reflects our values: bills that put consumers first despite opposition from highly paid lobbyists and big corporations; that invest ...

Waters Announces Update to May Committee Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following update to the schedule for the month of May: UPDATED - Tuesday, May 17 at 12:00 PM ET (and subsequent days if necessary): The full Committee will convene for a hybrid markup. Tuesday, May 24 at 12:00 PM ET: The Subcommittee on Diversity and Inclusion will convene for a virtua...

Waters Announces March 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 March: March 2 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “Monetary Policy and the State of the Economy.” March 8 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “The Inflation Equati...

Committee Passes Legislation to Protect Retail Investors from Predatory Practices and Promote Fair Hiring Opportunities

| Posted in Press Releases
Tags: Markup

Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed six bills to protect investors, ensure fair employment opportunities for justice-involved individuals, and reform credit union governance, as working families across this country struggle to rebuild their savings after the pandemic. H.R. 5911, the Fair Hiring in Banking Act is a bill introduced by Represe...

Waters Opening Statement at November Full Committee Markup

| Posted in Press Releases
Tags: Markup

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a full Committee markup. Today, this Committee will mark up six bills, half of which have bipartisan support. After the stress the pandemic has placed on our economy, Democrats are responding with legislative solutions and working across the aisle to provide a...

Waters Announces November 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 November: November 2 at 10:00 AM ET: The Task Force on Financial Technology will convene for a hybrid hearing entitled, “Buy Now, Pay More Later? Investigating Risks and Benefits of BNPL and Other Emerging Fintech Cash Flow Products.” November 3 at 1...

Waters Announces October 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 October: October 5 at 12:00 PM ET: The full Committee will convene for a virtual hearing entitled, “Oversight of the U.S. Securities and Exchange Commission: Wall Street’s Cop Is Finally Back on the Beat.” October 12 at 12:00 PM ET: The Subcommittee ...

Waters and Committee Democrats Pass Legislation to Expedite Emergency Rental Assistance to Renters and Landlords

| Posted in Press Releases
Tags: Markup

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a statement following the passing of her legislation, H.R. 5156, the ‘‘Expediting Assistance to Renters and Landlords Act of 2021,” by the House Committee on Financial Services, which will reform the Emergency Rental Assistance (ERA) program. The bill passed the Committee by a vote of 28-22. “Even be...

Committee Passes Legislation to Expedite Emergency Rental Assistance and Provide Protections for Descendants of Black Native American Freedmen

| Posted in Press Releases

Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed bills to expedite emergency rental assistance and reauthorize the Native American Housing Assistance and Self-Determination Act with protections for descendants of Black Native American Freedmen. The following bill passed the Committee by a vote of 35-15. H.R. 5195, the “Native American Housing Assistance...

Committee Passes Build Back Better Agenda to Provide Long-Overdue Investments in Housing Resources

| Posted in Press Releases

Today, the House Financial Services Committee passed the Financial Services Committee Title of the Build Back Better Act to provide long-overdue investments in housing resources, such as affordable housing, downpayment assistance, and efforts to end homelessness. The following bill passed the Committee by a vote of 30-24. The Build Back Better Act is a bill that would provide $322 billion in fundi...

Waters Opening Statement at September Full Committee Markup to Advance the Build Back Better Act and Critical Housing Legislation

| 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 a key part of the President’s Build Back Better agenda, legislation that will provide a critical investment of $322 billion toward our nation’s affordable housing infrastructure. For the first ...

Waters Announces September 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 September: September 10 at 12:00 PM ET: The full Committee will convene for a virtual hearing entitled: “Protecting Renters During the Pandemic: Reviewing Reforms to Expedite Emergency Rental Assistance.” September 13 at 12:00 PM ET: The full Committ...

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...

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