Opinion Piece
In February, federal prosecutors began a 90-day examination to determine whether to bring cases against individuals for their role in the 2008 financial crisis.
As ranking member of the House Committee on Financial Services, I've spent the years since the financial crisis trying to provide relief to Americans devastated by the plague of home foreclosures.
It's been challenging work. Programs the government put in place to aid borrowers often were insufficient, hard to understand and needlessly complex. Though the process created many problems, one silver lining is that we've learned important lessons about how government can more effectively help individuals victimized by predatory practices in the financial marketplace.
Originally appeared on Medium.
Pamela Hunt started working when she was just 14 years old. She's now a 55-year-old home health care worker in Ledyard, Connecticut, and is the mother of eight children. Like so many Americans, she boldly decided to go back to school after long desiring a career change.
In the U.S., someone develops Alzheimer's every 67 seconds. The Alzheimer's Association estimates as many as 16 million Americans over age 65 could suffer from Alzheimer's by 2050. It is now the fifth leading cause of death in my home state of California.
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Congresswoman Maxine Waters authored the following opinion editorial for The Hill:
Congresswoman Maxine Waters authored the following opinion editorial for the American Banker:
In 2008 we saw the consequences of the risky, irresponsible lending and financial practices resulting from the false ideology that financial markets can somehow properly police themselves. Lax mortgage standards and an unhealthy amount of risk taken by financial institutions and other market participants led to an economy that was not rooted in reality.
Congresswoman Maxine Waters and Senator Elizabeth Warren authored the following opinion editorial for The American Banker
It has been only three years since the passage of the Dodd-Frank Act and five years since the 2008 financial crisis, but memories in Washington can be short.
Congresswoman Maxine Waters (D-Calif.) authored the following opinion editorial for the Huffington Post: