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Congresswoman Maxine Waters

Representing the 43rd District of California

Maxine In The News

July 1, 2010 Maxine in the News
By Michael Doyle The drug gangsters who grow marijuana and cook meth in Sierra Nevada forests would face stiffer penalties under a bill introduced Wednesday by a San Joaquin Valley lawmaker.
June 28, 2010 Maxine in the News
By Kevin G. Hall and David Lightman Rushing to deliver the broad strokes of an overhaul of the financial regulatory system before leaders of the world's major economies meet in Toronto over the weekend, lawmakers Friday morning partially reinstated a ban on risky betting by commercial banks.
June 23, 2010 Maxine in the News
by DAVID LIGHTMAN AND WILLIAM DOUGLAS Final terms of the sweeping financial overhaul legislation being crafted in Congress would create new Offices of Women and Minority Inclusion at all federal financial regulators with the goal of promoting racial, ethnic and gender diversity throughout those agencies.
June 23, 2010 Maxine in the News
by Ronald D. Orol As House and Senate negotiators continue to work out differences in their versions of bank reform, a House proposal to have $3 billion used to help unemployed homeowners avoid foreclosure may prove to be a sticking point.
June 23, 2010 Maxine in the News
by Shahien Nasiripour As few as 0.1 percent of mortgage modifications initiated under the Obama administration's signature foreclosure prevention program involve reductions of principal, according to a federal report released Wednesday.
June 23, 2010 Maxine in the News
by Danny J. Bakewell, Sr. Let's start at the beginning: the Federal Reserve system was started in secrecy by the most powerful and influential financiers in America almost a century ago, allegedly in response to a growing need for an organized central banking system. The Federal Reserve Bank was created by the 1913 Federal Reserve Act.
June 21, 2010 Maxine in the News
Rep. Maxine Waters (D-Calif) says she wants to set the record straight. In a letter, published in the Wall Street Journal Friday, the Congresswoman challenged a June 14 editorial in the financial news publication that warned the public that the financial reform bill currently undergoing the reconciliation process in Congress threatens the independence of the Federal Reserve.
June 18, 2010 Maxine in the News
The House overwhelmingly approved a bill Thursday aimed at helping the Federal Housing Administration rebuild its capital reserves. The bill, which passed 406 to 4, will allow the FHA to raise annual premiums on borrowers, helping to bolster its Mutual Mortgage Insurance Fund. The fund has seen loan losses deplete its capital ratio to 0.53%, well below its statutory minimum of 2%.
Issues:
June 18, 2010 Maxine in the News
By Peter Eichenbaum and Patrick O'Connor June 17 (Bloomberg) -- U.S. Senator Richard Durbin, faced with growing opposition and slipping support for his proposal to cap debit-card "swipe" fees, said he is working to exempt prepaid cards governments use to distribute benefits.

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