Economy & Job Creation
More on Economy & Job Creation
At today's Financial Services Committee hearing with regulatory officials to discuss "government red tape," Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, applauded regulators for putting the financial system on more stable footing after the worst economic crisis in a generation, and criticized the majority for continuing to push an ideologically-driven agenda focused on deregulation.
Congresswoman Maxine Waters (CA-43) hosted an exporter forum for small businesses on Friday, May 3 in Hawthorne, Calif. More than 75 representatives from local companies attended the event, which focused on how American companies can gain a competitive edge when exporting their products overseas. The forum was held in collaboration with Fred P. Hochberg, chairman and president of the Export-Import Bank (Ex-Im). Ex-Im Bank is an independent federal agency that helps create and maintain U.S. jobs by filling gaps in private export financing at no cost to American taxpayers.
Thank you very much, Mr. Chairman, and I thank Mr. Van Hollen for yielding me time.
Today I rise in strong opposition to the Republicans' budget, a budget that makes absurd claims to reducing the deficit by repealing crucial government authority to protect our economy. Lest we forget that Lehman Brothers' disorderly bankruptcy sparked the worst financial crisis since the Great Depression.
Congresswoman Maxine Waters (CA-43) hosted "Women in Business: A Small Business Expo" on Tuesday, March 26 at the Lawndale Community Center. The event drew a standing-room-only crowd and provided information and resources to small business owners and interested entrepreneurs.
"The economy is struggling to recover from the recession," said Congresswoman Waters.
"I am proud to support the Back to Work Budget.
Nathan Hurst, CQ Roll Call
A senior House Democrat is seeking support for legislation that would pump more money into the Transportation Department's popular TIGER grant program.
Maxine Waters of California has sent a letter to colleagues, trying to find cosponsors for a bill that would restore cuts to the grant program for infrastructure projects with national or regional significance, which funds road, bridge, transit and airport projects of regional and national interest.
Congresswoman Maxine Waters (CA-43) issued the following statement today regarding the upcoming March 1 sequester deadline:
"The clock is ticking and the deadline is quickly approaching to avert across-the-board spending cuts known as the sequester, which is scheduled to take effect on Friday, March 1. The $85 billion in automatic spending cuts will have a devastating impact on families throughout the country, and will slow economic growth and job creation.
Congresswoman Maxine Waters released the following statement regarding the U.S. Postal Service (USPS) plans to end Saturday mail delivery:
"The announcement by Postmaster General Patrick Donahoe to eliminate Saturday first-class mail delivery starting in August without support of Congress is an arbitrary decision. Our constituents will be disadvantaged by this loss, especially our businesses that depend on timely and reliable mail delivery in order to operate a successful business.