COVID-19

Waters at Hearing with Yellen and Powell: We Must Ensure That There is a Sustained and Equitable Recovery

| 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 virtual hearing entitled, “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response.” I’d like to welcome Secretary Yellen and Chair Powell. I am very pleased that, with Democrats’ passage of President Biden’s American Re... Read more »

Waters Floor Statement in Support of American Rescue Plan Act

| Posted in Press Releases

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 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... Read more »

Waters Highlights Need to Address Challenges Faced by Small and Minority-Owned Businesses During Pandemic

| 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 National Security, International Development and Monetary Policy hearing entitled, “Supporting Small and Minority-Owned Businesses Through the Pandemic.” Thank you, Chairman Himes, and I wanted to be here to congratulate you on hosting your first sub... Read more »

At First Full Committee Hearing of 117th Congress, Waters Urges Immediate Action on COVID-19 Relief

| 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 hearing entitled, “More than a Shot in the Arm: The Need for Additional COVID-19 Stimulus.” Today this Committee convenes for our first full Committee hearing of the 117th Congress. This hearing is entitled, “More than a Shot in the Arm: The Need for ... Read more »

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 ... 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”

| Posted in Press Releases

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 on COVID-19 Relief Bill: Much More Relief Needed, But Bill is an Important First Step

| Posted in Press Releases
Tags: COVID-19

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following floor statement regarding the COVID-19 relief bill. Mister Speaker, the relief in this bill is desperately needed as families struggle during the pandemic crisis. The negotiations were difficult, they were tough and I wish we could have done even more but I’m pleased we have done ... Read more »

Waters Secures Emergency Rental Assistance and Support for CDFIs and MDIs in Bipartisan COVID-19 Relief Bill

| Posted in Press Releases
Tags: COVID-19

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement regarding the bipartisan COVID-19 relief bill. “After much negotiation, I am very pleased that I have been able to secure $25 billion in emergency rental assistance, a one-month extension of the eviction moratorium, and $12 billion in funding for community development fi... Read more »

Waters, Neal Joint Statement on Dangerous GOP Senate Provision in Coronavirus Negotiations 

| Posted in Press Releases

Today, House Committee on Financial Services Chairwoman Maxine Waters (D-CA) and Ways and Means Committee Chairman Richard E. Neal (D-MA) issued the following statement as Senate Republicans demanded the inclusion of a dangerous provision from Senator Pat Toomey (R-PA) in COVID-19 relief legislation that would hamstring the new Administration’s ability to recover from the economic crisis by elimin... Read more »

Waters Floor Statement on Urgent Need for Coronavirus Response Legislation

| Posted in Press Releases

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 Provides Recommendations to President-Elect Biden on Trump Actions to Reverse

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, sent a letter to President-Elect Joseph R. Biden, providing recommendations on areas where the Biden Administration should immediately reverse the actions of the Trump Administration, and several actions that the Biden Administration can immediately take to coordinate the federal response to COVID-1... Read more »

Waters Calls Out Mnuchin for Prematurely Ending Essential Emergency Lending Programs

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee gave the following statement at a full Committee hearing entitled, “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response.” Today the Committee convenes to conduct oversight over the Treasury Department’s and Federal Reserve’s pandemic response. This pandemic continues to have a... Read more »

Waters: Financial Services Committee Democrats Will Keep Working Until COVID-19 Relief is Passed

| Posted in Press Releases
Tags: COVID-19

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement regarding the need for Congress to pass additional COVID-19 relief legislation: “Today, at our regularly scheduled caucus meeting of Financial Services Committee Democrats, Members expressed grave concerns about the COVID-19 pandemic and the need for the passage of bipar... Read more »

Waters Announces December Hearing Schedule

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following hearing schedule for the month of December: December 2 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.” All hearings are livestreamed on https://financialservices.h... Read more »

Waters Calls on GSA Administrator to Ascertain Biden as President-Elect; Initiate Presidential Transition Process

| Posted in Press Releases
Tags: COVID-19

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, sent a letter to General Services Administration (GSA) Administrator Emily Murphy requesting that she immediately ascertain Joe Biden as the president-elect and initiate the transition process with the Biden transition team. “I request that you immediately ascertain Joe Biden as the president-elect ... Read more »

Waters Blasts the Trump Administration’s Move to Shut Down Key CARES Act Facilities Put in Place to Support Economy During the Pandemic

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services Committee, blasted the Trump Administration for the announcement that it is attempting to shut down key emergency lending programs created by the CARES Act to support the economy during the COVID-19 pandemic: “It is clear that Trump and Mnuchin are willing to spitefully destroy the economy and make i... Read more »

Waters Warns That Small Businesses May Permanently Close Due to COVID-19 if Action Is Not Taken Soon

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following statement at a Subcommittee on Housing, Community Development, and Insurance virtual hearing entitled, “Insuring against a Pandemic: Challenges and Solutions for Policyholders and Insurers.” “Thank you very much Chairman Clay. When the COVID-19 pandemic hit in March, small businesses... Read more »

Waters to Regulators: President-Elect Biden Has a Mandate to Protect Consumers and End Trump's Wall Street First Agenda

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee gave the following statement at a full Committee hearing entitled, “Oversight of Prudential Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions during the Pandemic.” On November 3, America decisively rejected President Trump, his harmful policies, and his... Read more »

Waters Statement on Trump Administration’s Latest Weak COVID-19 Relief Proposal

| Posted in Press Releases
Tags: COVID-19

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released the following statement on the Trump Administration’s inadequate COVID-19 relief proposal: “The Trump Administration’s coronavirus relief proposal fails America’s most vulnerable working families, who are losing their lives and livelihoods to this devastating pandemic. After five months of inaction a... Read more »

Committee Democrats’ Legislation Included in Updated House COVID-19 Package

| Posted in Press Releases

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement during floor debate on the updated Heroes Act: “Democrats have been working every single day to respond to this pandemic and provide much-needed relief and protections for families across the country,” said Chairwoman Waters. “139 days ago, House Democrats voted to pass the Her... Read more »

Waters Floor Statement on Updated Heroes Act: "It’s Time for Republicans to Stop Blocking Coronavirus Relief and Support This Legislation.”

| Posted in Press Releases
Tags: COVID-19

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following floor statement in support of the updated Heroes Act: Mr. Speaker, I rise in strong support of the House Amendment to H.R. 925, the updated version of the Heroes Act. Mr. Speaker, Democrats have been working every single day to respond to this pandemic and provide much-needed relief ... Read more »

Waters Slams Trump Administration for Using Pandemic Funding Allocated for PPE for Defense Spending

| Posted in Press Releases
Tags: COVID-19

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following statement regarding reports that the Trump Administration -used funding allocated by Congress for the pandemic response for unrelated defense purposes: “The Trump Administration has failed to use the funding provided by Congress to produce medical equipment and supplies to protect th... Read more »

House Passes Ten Bipartisan Financial Services Bills

| Posted in Press Releases

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 at Oversight Hearing on Pandemic Response: The Trump Administration Has Utterly Failed in Its Economic Response to This Virus

| Posted in Press Releases

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following statement at a full Committee hearing entitled, “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response.” Welcome back, Chair Powell and Secretary Mnuchin. Since you last testified before this Committee in June, the coronavirus crisis has continued to have a c... Read more »



Subscribe for Updates

Twitter Feed