WASHINGTON, D.C. December 18, 2020- 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 […]
House Financial Services Committee
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Waters Calls Out Mnuchin for Prematurely Ending Essential Emergency Lending Programs
WASHINGTON, D.C. December 2, 2020 -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. […]
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Waters Delivers Statement on Need to Save Our States as Trump and Senate Republicans Fail to Act
WASHINGTON, D.C. Sept. 10, 2020 -Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following statement at a full Committee hearing entitled “The Need for Financial Aid to America’s States and Territories During the Pandemic: Supporting First Responders, Assisting Schools in Their Efforts to Safely Educate, and Preventing Mass Layoffs.” […]
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Waters and Subcommittee Chairs Hold Mortgage Servicers Accountable During COVID-19
WASHINGTON, D.C. May 5, 2020 – On Monday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee; Congressman Gregory Meeks (D-NY), Chair of the Subcommittee on Consumer Protection and Financial Institutions; Congressman Wm. Lacy Clay (D-MO), Chair of the Subcommittee on Housing, Community Development, and Insurance; and Congressman Al Green (D-TX), Chair of the […]
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Waters Releases Extended Statement for the Record on the CARES Act
WASHINGTON, D.C. March 31, 2020 -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 […]
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Waters to Wells Fargo CEO: The Bank You Inherited is Essentially a Lawless Organization
WASHINGTON, D.C. March 10, 2020 – Following the release of a Majority staff report entitled, “The Real Wells Fargo: Board & Management Failures, Consumer Abuses, and Ineffective Regulatory Oversight,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, convened a full Committee hearing with Charles W. Scharf, Chief Executive Officer (CEO) and President […]
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Chairwoman Waters to CFPB’s Kraniger: You Are Undermining Protections for Consumers
WASHINGTON, D.C. Oct. 16, 2019 – Today, at a hearing entitled “Who Is Standing Up for Consumers? A Semi-Annual Review of the Consumer Financial Protection Bureau,” Congresswoman Maxine Waters (D-CA), Chairwoman of the Committee on Financial Services, gave the following opening statement: Good morning. Today, we are here to receive the semi-annual report of the Consumer […]
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Waters Opening Statement at Hearing on Student Loan Debt Crisis
WASHINGTON, D.C. Sept. 10, 2019 – Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, gave the following opening statement at a full Committee hearing entitled, “A $1.5 Trillion Crisis: Protecting Student Borrowers and Holding Student Loan Servicers Accountable.” As Prepared for Delivery Good morning. Today this Committee convenes for a hearing to […]
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Waters Statement on FDIC and OCC Decision to Allow Banks to Gamble with Taxpayer Funds
WASHINGTON, D.C. Aug. 20, 2019 – Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement on the decision by the Federal Deposit Insurance Corporation (FDIC) and approval of the Office of the Comptroller of the Currency (OCC) to weaken the Volcker Rule, which stops banks from gambling with taxpayer […]
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Committee Democrats Fact-Check Secretary Carson’s Committee Testimony
WASHINGTON, D.C. May 25, 2019 – This week, at a full Committee hearing with U.S. Department of Housing and Urban Development (HUD) Secretary Benjamin Carson entitled, “Housing in America: Oversight of the U.S. Department of Housing and Urban Development,” Committee Democrats asked questions about many of the Secretary’s harmful actions at HUD that he repeatedly answered […]
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Waters, Garcia and 20 Committee Democrats Condemn Carson’s Cruel Proposal to Evict Mixed-Immigration Status Families
WASHINGTON, D.C. May 13, 2019 – On Friday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, Congresswoman Sylvia Garcia (D-TX), and 20 Committee Democrats sent a letter to Ben Carson, Secretary of the U.S. Department of Housing and Urban Development (HUD), demanding that he withdraw his senseless proposal to terminate housing benefits […]
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Waters Calls for Infrastructure Investments to Include Affordable Housing
WASHINGTON, D.C. April 30, 2019 – Today, at a full Committee hearing entitled, “Housing in America: Assessing the Infrastructure Needs of America’s Housing Stock,” Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee gave the following opening statement. As Prepared for Delivery Today this Committee convenes for a hearing on assessing the infrastructure needs […]