More on Economic Security
Rep. Waters Statement on the Retirement of Rep. Barney Frank
Today- "I am deeply saddened to learn that my friend and colleague, Barney Frank, has decided not to seek reelection to the position of Representative of Massachusetts Fourth Congressional District. Barney has been more than just a tireless and thoughtful leader on the Financial Services Committee; he has also been a dear friend, teacher, confidant, and ally. His retirement represents a loss for all of us.
Congresswoman Waters (CA-35) today issued the following statement reacting to news that the Joint Select Committee on Deficit Reduction was unable to reach bipartisan agreement and present a deficit reduction package to the Congress, pursuant to the Budget Control Act of 2011:
On November 18, 2011, Rep. Maxine Waters (CA-35) introduced a key component of President Obama's American Jobs Act—Project Rebuild. She was joined by 17 other Democratic Members as sponsors of H.R. 3502, the "Project Rebuild Act of 2011." Project Rebuild builds upon the success of the Neighborhood Stabilization Program (NSP), which Rep. Waters authored in 2008 and for which she has secured $7 billion in funding.
4 million American homeowners who were foreclosed upon in 2009 and 2010 will receive notices
By Associated Press, Updated: Tuesday, November 1, 2:51 PM
WASHINGTON — About 4 million homeowners who may have been improperly foreclosed upon in 2009 and 2010 are getting an opportunity to have their cases reviewed. Whether they will be reimbursed is up to the same lenders who are accused of moving too swiftly to seize their homes.
Congresswoman Waters (CA), Ranking Member on the Subcommittee on Capital Markets and Government Sponsored Enterprises, today led 15 of her colleagues in the House of Representatives, renewing her call for U.S. bank regulators to publicly release information regarding the steps that mortgage servicers are taking to prevent illegal foreclosure practices.
Today, the Obama Administration announced it is taking steps in making it easier for Americans to manage student loan debt and apply for federal financial aid. The announcement is apart of a series of executive actions the President is taking to assist in putting Americans back to work and strengthen the economy. The Congresswoman's comments on this proposal are below:
Congresswoman Maxine Waters made history today when she delivered the first-ever speech on the House floor complied entirely of posts from her Twitter and Facebook accounts. Two weeks ago, Congresswoman Waters took to Twitter and Facebook pages to ask her "followers" to send her what they would say to House Republicans if they had the opportunity to make a speech on the House floor. We received thousands of comments from people all over the U.S. The highlighted and under-lined names are the people whose posts we used to create the speech.
For Immediate Release:
Contact: Mikael Moore, 202-579-7023
October 14th, 2011
Today, Rep. Waters released the following statement:
'"Over the last several weeks, I have heard from you in a variety of ways about our nation's struggling economy and unemployment. You have written letters, called, posted on my Facebook page and tweeted me, expressing your concern and your ideas about how to keep America moving forward. More people, especially here in Washington, need to hear your voice, concerns and ideas.
Small-Business Bills Advance In U.S. House Panel
-By Andrew Ackerman; Dow Jones Newswires; 202-569-8390; firstname.lastname@example.org
House Panel Backs Bill Boosting Nonpublic-Firm Shareholder Limit
October 05, 2011, 7:57 PM EDT
By Phil Mattingly
Oct. 5 (Bloomberg) -- A U.S. House panel approved measures that would let closely held firms attract more investors without going public as part of a slate of Republican-backed legislation aimed at spurring economic growth.