House Floor

House Passes Seven Bipartisan Financial Services Bills

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This week, the U.S. House of Representatives passed seven bipartisan bills introduced by House Financial Services Committee Members. The House passed the SAFE Banking Act (H.R. 1996), a bipartisan bill by Representative Ed Perlmutter (D-CO), which would help ensure cannabis businesses operating in nearly all states that have legalized its use have access to basic banking products and services, by ... Read more »

American Rescue Plan Act Contains Key Provisions Authored by Committee Democrats

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On March 10, the House passed the Senate amendment to the American Rescue Plan Act, sending the legislation to President Biden’s desk. The American Rescue Plan Act contains a number of key provisions authored by Financial Services Committee Democrats. These include provisions providing $10 billion to support the production of emergency medical equipment using the Defense Production Act, $27.5 bill... Read more »

Waters Floor Statement on the American Rescue Plan Act

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement on the American Rescue Plan: Thank you so very much, Mr. Speaker and Members. I would like to thank President Biden and all of the Democratic Leadership for this wonderful and historic piece of legislation that we are voting on here today. This indeed responds to the ... Read more »

Waters Floor Statement in Support of American Rescue Plan Act

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement on the House floor urging the passage of the American Rescue Plan Act. Madam Speaker, thank you so very much. I am so grateful that we have President Biden’s leadership in the White House to tackle the ongoing pandemic. H.R. 1319, the American Rescue Plan Act of 2021, ca... Read more »

Waters Floor Statement in Support of the Equality Act

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement on the House floor urging the passage of the Equality Act. Mr. Speaker, I rise in strong support of H.R. 5, the Equality Act, a critical piece of civil rights legislation. Half a century ago, the Fair Housing Act and the Equal Credit Opportunity Act became law, but we kn... Read more »

Waters Floor Statement on FY2021 Joint Budget Resolution on COVID-19 Relief

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement on the urgent need to pass the FY2021 Joint Budget Resolution on COVID-19 relief: Mr. Speaker, I happily rise in support of this joint budget resolution for Fiscal Year 2021 to enact our President Biden’s American Rescue Plan and provide urgently needed COVID-19 relie... Read more »

Committee Releases Report on 2020 Activities

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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... Read more »

Waters Releases Extended Statement for the Record on the Consolidated Appropriations Act, 2021: "More Relief Is Needed, But this Bill is a Step in the Right Direction”

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released an extended statement for the record on H.R. 133, the Consolidated Appropriations Act 2021. The statement provides guidance on the congressional intent behind the law, and serves to fill out the congressional record in the absence of Committee consideration of the legislation. “I am very pl... Read more »

Waters Floor Statement on Urgent Need for Coronavirus Response Legislation

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement on the House floor on the urgent need to pass coronavirus response legislation. Mister Speaker, the COVID-19 pandemic crisis continues to have a terrible impact throughout the nation. Cases are surging, and thousands are dying from the virus every day. There has been ove... Read more »

Waters Statement on the National Defense Authorization Act for FY 21

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following statement regarding the inclusion of several Democratic financial services measures in the William (Mac) Thornberry National Defense Authorization Act (NDAA) for Fiscal Year 2021, for which she served as a conferee. Today, the House of Representatives approved the legislation... Read more »

Waters Statement on Inclusion of Key Democratic Financial Services Bills in FY 2021 NDAA

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement regarding the inclusion of several Democratic financial services measures in the William (Mac) Thornberry National Defense Authorization Act (NDAA) for Fiscal Year 2021, for which she served as a conferee. “As Chairwoman of the Financial Services Committee, I have made i... Read more »

Waters Floor Statement in Support of Uyghur Forced Labor Disclosure Act: “We Must All Stand up Against the Unjust and Inhumane Treatment of the Uyghurs and Push China to End This Brutality Once and for All.”

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following floor statement in support of the Uyghur Forced Labor Disclosure Act of 2020, introduced by Representative Jennifer Wexton (D-VA), which passed on a bipartisan vote of 253-163. I rise in strong support of H.R. 6270, the Uyghur Forced Labor Disclosure Act of 2020, important legisla... Read more »

House Passes Ten Bipartisan Financial Services Bills

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This week, the U.S. House of Representatives passed ten financial services bills, including legislation to support diversity in community banking, protect investors and consumer from pandemic-related fraud, combat trafficking, and promote more flexible CARES Act funding. The bills passed include: The Ensuring Diversity in Community Banking Act (H.R. 5322) a bill by Representative Gregory Meeks (D-... Read more »

Waters Floor Statement on Moving Forward Act

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Today, Congresswoman Maxine Waters (D-CA), gave the following floor statement in support of H.R. 2, the Moving Forward Act. The Moving Forward Act includes Chairwoman Waters’ legislation, H.R. 5187, the Housing Is Infrastructure Act. Thank you very much, Chairman DeFazio for your tremendous leadership and work on this legislation. Mister Speaker, I rise in strong support of H.R. 2, the Moving Forw... Read more »

House Infrastructure Package Contains Chairwoman Waters’ Housing Infrastructure Bill

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Today, the U.S. House of Representatives is considering the Moving Forward Act, an infrastructure package which includes the Housing Is Infrastructure Act, Chairwoman Waters’ legislation to invest over $100 billion in affordable housing infrastructure to create or preserve approximately 1.8 million affordable homes. The Housing Is Infrastructure Act would make the following investments: $70 billio... Read more »

Waters on Emergency Housing Legislation: Urgent Action Needed to Prevent Eviction Crisis

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement regarding her bill, H.R. 7301, the Emergency Housing Protections and Relief Act of 2020. Thank you, Mr. Speaker. I rise in strong support of H.R. 7301, the Emergency Housing Protections and Relief Act of 2020. This bill includes several provisions that were included i... Read more »

Waters Applauds Inclusion of Her Housing Infrastructure Bill in House Infrastructure Package

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, issued the following statement regarding the inclusion of her legislation, the Housing Is Infrastructure Act, in the Moving Forward Act, House Democrats’ infrastructure package which will soon be considered by the House. “I am very pleased that this very important piece of legislation, the Moving Fo... Read more »

Waters Urges Congress to Pass Heroes Act: It’s Time to “Put up or Shut up”

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following floor statement in support of the Heroes Act (H.R. 6800). Mr. Speaker, I rise in strong support of H.R. 6800, the Heroes Act. This legislation includes a number of important proposals from the Members of the Financial Services Committee, and builds upon my proposal for more direct... Read more »

Waters Statement on Passage of Interim COVID-19 Relief Package

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Today, the House of Representatives passed H.R. 266, the Paycheck Protection Program and Health Care Enhancement Act, by a vote of 388-5-1. Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and Congresswoman Nydia Velázquez (D-NY), Chairwoman of the House Committee on Small Business, led efforts to ensure much-needed reforms were included in H.R. 266 to i... Read more »

Waters Releases Extended Statement for the Record on the CARES Act

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released an extended statement for the record on H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The statement provides guidance to the Trump Administration on congressional intent behind the law, and serves to fill out the congressional record in the absence of Committ... Read more »

Waters Delivers House Floor Statement on the Coronavirus Aid, Relief, and Economic Security Act

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following floor statement in support of H.R. 748, the Coronavirus Aid, Relief and Economic Security Act (CARES Act). As Prepared for Delivery Mr. Speaker, I rise in support of the Senate Amendment to H.R. 748, now referred to as the Coronavirus Aid, Relief, and Economic Security Act or... Read more »

House Passes Four Bipartisan Financial Services Bills

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Yesterday, the U.S. House of Representatives passed bipartisan financial services bills to protect servicemembers from predatory debt collectors, improve the availability of affordable housing and mortgage credit, and address concerns that China is trapping developing nations in a cycle of predatory debt. The bills passed include: The Fair Debt Collection Practices for Servicemembers Act (H.R. 500... Read more »

House Passes Pressley Bill to Reform Broken Credit Reporting System

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Today, the U.S. House of Representatives passed H.R. 3621, the Comprehensive Credit Reporting Enhancement, Disclosure, Innovation, and Transparency Act of 2020 (“Comprehensive CREDIT Act”), legislation sponsored by Rep. Ayanna Pressley (D-MA), by a vote of 221 to 189. H.R. 3621 would overhaul the credit reporting system by empowering consumers with more control of their data and requiring consumer... Read more »

House Passes Bill to Increase Corporate Diversity

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Today, the U.S. House of Representatives passed H.R. 5084, the Improving Corporate Governance Through Diversity Act of 2019, a bill that requires public companies to annually disclose the voluntarily, self-identified gender, race, ethnicity, and veteran status of their board of directors, nominees, and senior executive officers. This bill was introduced by Congressman Gregory Meeks (D-NY), Chairma... Read more »

House Passes Five Financial Services Bills

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Today, the U.S. House of Representatives passed five financial services bills, including bills to: close loopholes in and ensure better enforcement of this country’s anti-money laundering and Bank Secrecy Act laws, protect investors and help startups finance their operations, require the Consumer Bureau to conduct research on the challenges of unbanked and underbanked consumers, and require the Tr... Read more »



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