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Subcommittee on Diversity and Inclusion

Waters Delivers Opening Statement at Subcommittee Hearing Exploring Inequities in Financial Services for Persons with Disabilities

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at a Subcommittee on Diversity and Inclusion hearing entitled, “Diversity Includes Disability: Exploring Inequities in Financial Services for Persons with Disabilities, Including Those Newly Disabled Due to Long-Term COVID.” Thank you so very much, Chair Beatty....

Waters Announces Update to May Committee Schedule

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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 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: Wednesday, May 11 at 10:00 AM ET: The Subcommittee on Investor Protection, Entrepreneurship and Capital Markets will convene for a hybrid hearing entitled, “A Notch Above? Examining the Bond Rating Industry.” Thursday, May 12 at 10:00 AM ET: The...

Chairwoman Waters and Congresswoman Beatty Send Letter to Insurance Companies Requesting Diversity and Inclusion Data

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Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congresswoman Joyce Beatty (D-OH), Chair of the Subcommittee on Diversity and Inclusion, sent letters to the largest property, casualty and life insurance companies that receive $7 billion in direct premiums or more each year, requesting diversity and inclusion data to examine America’s insurance industry...

Waters Releases Report on Committee’s 117th Congress Accomplishments

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Following the successful conclusion of their annual retreat, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a report on the Committee’s work during the first session of the 117th Congress. During a time of crisis, the Committee continued to work tirelessly to provide relief and protections to individuals, families, and small businesses across the...

Waters at Hearing Addressing Obstacles Minority and Women-Owned Businesses in Infrastructure Projects: “Diversity and Inclusion Require Intentionality”

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Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement today at a Subcommittee on Diversity and Inclusion hearing entitled, “Building Opportunity: Addressing the Financial Barriers to Minority and Women-Owned Businesses’ Involvement in Infrastructure Projects.” Thank you so very much, Ms. Beatty. I am so pleased that you are holdin...

Waters Announces February 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 February: February 2 at 10:00 AM ET: The Subcommittee on Housing, Community Development and Insurance will convene for a virtual hearing entitled, “Housing America: Addressing Challenges in Serving People Experiencing Homelessness.” February 3 at 10:...

Waters and Beatty Release Committee Staff Report Highlighting Diversity Shortcomings at America’s Largest Investment Firms

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the Committee on Financial Services, and Congresswoman Joyce Beatty (D-OH), Chair of the Subcommittee on Diversity and Inclusion, released a Majority staff report entitled, “Diversity and Inclusion: Holding America’s Largest Investment Firms Accountable.” Immediately after George Floyd’s murder, large firms and financial institutions made pu...

Waters Announces Update to December Committee Schedule

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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 December: POSTPONED - December 7 at 10:00 AM ET: The Subcommittee on Oversight and Investigations will convene for a hybrid hearing entitled, “Ensuring Equitable Delivery of Disaster Benefits to Vulnerable Communities and Peoples: An Ex...

Waters Announces December 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 December: December 1 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “Oversight of the Treasury Department's and Federal Reserve's Pandemic Response.” December 7 at 10:00 AM ET: The Subcommittee on Oversight and Investi...

Waters on Eliminating Economic Barriers for the LGBTQ+ Community: The Fight for LGBTQ+ Rights Is Far from Over

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a Subcommittee on Diversity and Inclusion hearing entitled, “There Is No Pride in Prejudice: Eliminating Barriers to Full Economic Inclusion for the LGBTQ+ Community.” Thank you so very much for holding this important hearing, Chair Beatty. The fight for LGBTQ+ rights...

Waters Announces November Committee Schedule

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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 Updates to 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 21 at 10:00 AM ET: The Task Force on Financial Technology will convene for a hybrid hearing entitled, “Preserving the Right of Consumers to Access Personal Financial Data.” POSTPONED: The Subcommittee on Investor Protection, Entr...

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 Applauds SEC’s Approval of a National Stock Exchange Rule to Require Diversity Data Reporting

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the Securities and Exchange Commission’s approval of a proposed rule that would require companies listed on a national stock exchange to meet gender and racial diversity requirements and provide diversity data of their board members. “As Chairwoman of the Financia...

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...

Waters Announces Subcommittee Vice Chairs for 117th Congress

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the Financial Services Committee Vice Chairs for the 117th Congress. “I am excited to announce the Committee’s Subcommittee Vice Chairs for the 117th Congress,” said Chairwoman Waters. “Financial Services Committee Democrats are a diverse, talented, knowledgeable and effective group of lea...

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...

Waters and Beatty Request Diversity Data From the Nation’s Largest Investment Firms

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and Congresswoman Joyce Beatty (D-OH), Chair of the Subcommittee on Diversity and Inclusion, sent requests to the nation’s 31 largest investment firms—those with $400 billion or more of assets under management—for data on their diversity and inclusion. “We are making progress to ensure a comprehensi...

Waters at Subcommittee Hearing on Diversity Data: We Are Continuing to Hold the Financial Services Industry Accountable

| 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 Subcommittee on Diversity and Inclusion virtual hearing entitled, “By the Numbers: How Diversity Data Can Measure Commitment to Diversity, Equity and Inclusion.” Today, we are continuing to hold the financial services industry accountable for diversity and i...

Waters Announces Updates to March Hearing Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following updates to the hearing schedule for the month of March: March 10 at 10:00 AM ET: The full Committee will convene for a virtual hearing entitled, “Justice for All: Achieving Racial Equity Through Fair Access to Housing and Financial Services.” March 11 at 10:00 AM ET: The Subc...

Waters Announces March Hearing Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following virtual hearings in the month of March: March 10 at 10:00 AM ET: The full Committee will convene for a virtual hearing entitled, “Justice for All: Achieving Racial Equity Through Fair Access to Housing and Financial Services.” March 11 at 10:00 AM ET: The Subcommittee on Cons...

Chairwoman Waters Announces Financial Services Subcommittee Assignments for the 117th Congress

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Following the announcement of the House Financial Services Subcommittee Chairs, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced Democratic Subcommittee assignments for the 117th Congress.* Subcommittee on Investor Protection, Entrepreneurship and Capital Markets Congressman Brad Sherman (CA-30), Chair Congresswoman Carolyn B. Maloney (NY-12) Cong...

Chairwoman Waters Announces Financial Services Subcommittee Leadership for the 117th Congress

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced the six Committee Members who will serve as Subcommittee Chairs for the 117th Congress. Subcommittee Chairs were chosen through a selection process based on seniority, with the confirmation of all Committee Democrats. “I am pleased to announce the very experienced, dedicated, diverse, and tal...

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...

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