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Waters Secures House Passage of Nine Bipartisan Financial Services Bills

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Today, Chairwoman Maxine Waters secured passage by the U.S. House of Representatives of nine bipartisan bills The Fair Hiring in Banking Act (H.R. 5911), a bill by Representative Joyce Beatty (D-OH). This bill would expand employment opportunities at banks and credit unions by reducing barriers to employment based on past minor criminal offenses. The bill specifically provides an exception for cer...

Waters Statement on Appointment to Conference Committee for America COMPETES Act

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement after being named a Member of the House who will go to conference with the Senate over the House’s America COMPETES Act of 2022: “I am pleased to be appointed by Speaker Pelosi as a member of the conference committee for the America COMPETES Act of 2022. This biparti...

House Passes Bill To Award Congressional Gold Medal to the Only African American Women’s Army Unit to Serve Overseas During WWII

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Yesterday, the U.S. House of Representatives passed a bipartisan bill in honor of Black History Month. The ‘Six Triple Eight’ Congressional Gold Medal Act of 2021” (S.321) a bill by Senator Moran (R-KS). This is the Senate companion bill to H.R. 1012, introduced by Rep. Moore (D-WI). This bill directs the Speaker of the House of Representatives and the President pro tempore of the Senate to arrang...

America COMPETES Act Containing Key Provisions Authored by Committee Members Passes in House

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the passage of the America Creating Opportunities for Manufacturing Pre-Eminence in Technology and Economic Strength (COMPETES) Act of 2022 in the House, which includes key provisions that Chairwoman Waters worked closely with members on the Financial Services Committee and with Speaker Pe...

Waters Delivers Floor Speech Supporting Historic Housing Investments and Passage of the Build Back Better Act

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, delivered the following floor speech supporting historic housing investments and urging passage of the Build Back Better Act: Thank you very much, and I thank Chairman Yarmuth for his hard work. Madam Speaker, I rise in support of the Build Back Better Act, which will make historic investments acro...

House Passes Four Bipartisan Financial Services Bills

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Today, the U.S. House of Representatives passed four bipartisan bills introduced by House Financial Services Committee Members. The Sovereign Debt Contract Capacity Act (H.R. 4111), a bill by Chairwoman Maxine Waters (D-CA). This bill requires the Secretary of the Treasury to direct the United States Executive Director at the International Monetary Fund to advocate that the Fund provide technical ...

Waters Floor Statement in Support of President Biden’s Build Back Better Plan

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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 in support of the rule, which would pass the House’s budget resolution. Thank you so very much. I am very appreciative for the time that I’ve been afforded. And I rise in support of the rule, which would pass the House’s budget resolution. The budget r...

House Republicans Block Emergency Legislation by Chairwoman Waters to Extend Federal Eviction Moratorium

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a statement following Republican objections to the Majority Leader’s unanimous consent request to take up her bill, H.R. 4791, the “Protecting Renters from Evictions Act of 2021,” which would extend the federal eviction moratorium through the end of the year. “The eviction moratorium ends tomo...

Waters Floor Statement on the Passage of Legislation to Protect Investors and Hold Public Companies Accountable

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This week, 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 H.R. 1187 the Corporate Governance Improvement and Investor Protection Act. This bill provides key protections to investors by requiring that companies provide environmental, social, and governance information that can assist ...

Waters Slams Republican Efforts to Undermine Equal Credit Opportunities to LGBTQ Businesses

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement on the Republican efforts that prevented the passage of the LGBTQ Business Equal Credit Enforcement and Investment Act (H.R. 1443), a bill by Financial Services Committee Member Representative Ritchie Torres (D-NY) that would provide transparency and promote fair lending...

House Passes Three Bipartisan Financial Services Bills

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This week, the U.S. House of Representatives passed three bipartisan bills introduced by House Financial Services Committee Members. The House passed the following bill by a vote of 406-21. To award four congressional gold medals to the United States Capitol Police and those who protected the U.S. Capitol on January 6, 2021 (H.R. 3325), a bill by House Speaker Nancy Pelosi (D-CA). The House passed...

House Passes Seven Bipartisan Financial Services Bills

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This week, the U.S. House of Representatives passed seven bipartisan House Financial Services Committee bills. The House passed the following bills along with other measures en bloc by a vote of 350-75: The Financial Inclusion in Banking Act (H.R. 1711), a bill by Representative David Scott (D-GA), which would direct the Consumer Financial Protection Bureau’s (CFPB) Office of Community Affairs to ...

Waters Floor Statement on Her Comprehensive Debt Collection Reform Bill

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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 her bill H.R. 2547, The Comprehensive Debt Collection Improvement Act. The bill passed the House by a vote of 215-207. Madam Speaker, I rise in strong support of my legislation, H.R. 2547, the Comprehensive Debt Collection Improve...

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 ...

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...

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 ...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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