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Congresswoman Maxine Waters Statement on the Passing of Former Congressman Mike Oxley

January 1, 2016

LOS ANGELES – Congresswoman Maxine Waters (CA-43), Ranking Member of the Committee on Financial Services, released the following statement concerning the passing of Former Ohio Congressman Mike Oxley.

Congresswoman Waters' statement follows:

"I was deeply saddened to hear of the passing of my former colleague, Congressman Mike Oxley. Congressman Oxley and I served together on the Committee on Financial Services while he was the Chairman. During that time, he was one of the authors of the 2002 Sarbanes-Oxley Act, which ensured that publicly traded companies were held accountable after the many corporate scandals in the early 2000's.

"Congressman Oxley was a skilled leader and passionate policymaker. He also had an adept ability to encourage our colleagues on both sides of the aisle to work together to create policy to help businesses and consumers. For his legacy, he is to be commended.

"My thoughts and prayers are with Congressman Oxley's family during this time of bereavement."