Consumer Protection
More on Consumer Protection
Congresswoman Waters Applauds Students' Victory in Borrower Defense Ruling
WASHINGTON -- Congresswoman Maxine Waters (CA-43) released the following statement after a federal judge ruled that an Obama-era set of consumer protections for defrauded students, known as the Borrower Defense Rule, will go into effect immediately, after repeated attempts by the Trump Administration and the for-profit college sector to delay the regulation:
Rep. Waters Announces FY2018 Appropriations Letters & Omnibus Accomplishments
WASHINGTON – Congresswoman Maxine Waters (CA-43), Ranking Member of the House Financial Services Committee, released the following statement on the passage of the Fiscal Year (FY) 2018 Omnibus Appropriations Act, which provides substantial federal funding increases to many of her legislative priorities through September 30, 2018, the end of the current fiscal year:
Congresswoman Waters Joins Nancy Pelosi and Elizabeth Warren to Fight for Consumer Protections
Washington, D.C., Today, Congresswoman Maxine Waters issued a statement on the Department of Education’s new proposal to further steps to protect students for predatory for-profit institutions of higher education. As part of an ongoing rule making negotiation centered on debt relief for defrauded students, the Department’s latest suggestions include eliminating mandatory arbitration and class action ban clauses in enrollment agreements.
Ranking Members Scott and Waters: Student Borrowers Deserve Immediate Debt Relief after Attending Schools Engaged In Deceptive & Predatory Practices
Democratic Leaders on Education and Financial Services Committees Press for Relief to Groups of Students Who Have Been Victims of Predatory Practices
Sarah Wire
Sarah Wire asked members of California's congressional delegation about goals for 2016.
They ranged from the professional — Rep. Ted Lieu (D-Torrance) said he has ideas about reining in the National Security Agency and Rep. Jerry McNerney (D-Stockton) is looking for bipartisanship — to the lighthearted — Rep. David Valadao (R-Hanford) wants to see more of his kids' swim meets and Rep. Ed Royce (R-Fullerton) hopes to see Cal State Fullerton win the College World Series.
LOS ANGELES – Today, Congresswoman Maxine Waters (CA-43), Ranking Member of the Committee on Financial Services, released the following statement on the fiftieth anniversary of the Higher Education Act:
"Fifty years ago, President Lyndon B. Johnson signed into law the Higher Education Act (HEA) of 1965 – a landmark piece of legislation that decades later is still opening doors for students all across our country."
WASHINGTON – Today, Congresswoman Maxine Waters, Ranking Member of the Committee on Financial Services, introduced the Students Before Profits Act, a bill recently introduced in the United States Senate by Senators Christopher Murphy and Richard Durbin, and co-sponsored by Senators Elizabeth Warren, and Sherrod Brown. This legislation protects students against deceptive practices by predatory for-profit institutions of higher education.
By Zachary Warmbrodt
When Federal Reserve Chair Janet Yellen visited Cleveland in July, Ohio Sen. Sherrod Brown accompanied her at a couple of events and used the opportunity to make a suggestion: Be cautious about hiking interest rates.
LOS ANGELES -- Yesterday, Congresswoman Maxine Waters and her fellow California Delegation Democrat colleague, Karen Bass, joined in sending a letter to the California State Senate President pro Tempore, Kevin de Leon and the Speaker of the California Assembly, Toni Atkins, urging them to support legislation that will impose a moratorium on the Ellis Act, a California law that is increasingly being abused to evict hundreds of veterans, elderly persons, and families.