Press Releases
Today, the Republican-led House of Representatives approved H.R. 3193, legislation that would undermine consumer protection by weakening the Consumer Financial Protection Bureau's ability to be an effective, independent advocate for consumers.
As Federal Reserve Chair Janet Yellen made her first appearance before Congress, Congresswoman Maxine Waters (D-CA), top Democrat on the House Financial Services Committee, congratulated Yellen on her historic appointment and record of accomplishment. Waters praised Yellen's support for bold action to stabilize the economy and underscored her belief that more needs to be done to address the unemployment crisis and income inequality.
Today, Congresswoman Maxine Waters, Ranking Member of the Financial Services Committee, released a comprehensive legislative proposal to reform the housing finance market. Known as the Housing Opportunities Move the Economy (HOME) Forward Act of 2014, the legislation ends Fannie Mae and Freddie Mac, and creates a new, cooperative-owned securities issuer.
Today, Congresswoman Maxine Waters (CA-43) called for security problems at LAX to be fixed immediately and urged that police officers be stationed at airport passenger screening checkpoints. She submitted her statement at a Congressional field hearing entitled "Lessons from the LAX Shooting: Preparing for and Responding to Emergencies at Airports," which was held at Los Angeles International Airport (LAX) in her congressional district.
"I welcome TSA's report and recommendations that focus on improving employee training, communication systems and policies, and enhanced law enforcement presence at airports nationwide. These recommendations are a positive first step following the tragic shooting incident at LAX in November, which resulted in the death of TSA officer Gerardo Hernandez, who was killed in the line of duty.
Congresswoman Maxine Waters (CA-43) will host an Emergency Preparedness Workshop designed to increase disaster awareness and preparedness planning for constituents. Experts from federal, state and local government will be on hand to answer questions and help people get prepared in the event of a man-made or natural disaster. The workshop will take place on Saturday, April 12th from 10am - 12pm at the George Nakano Theater in Torrance. The event is free and open to the public.
In today's Financial Services Committee hearing on "Why Debt Matters," Ranking Member Maxine Waters (D-CA), underscored the importance of promoting growth and reducing income inequality through short-term increases in discretionary fiscal stimulus in order to reduce the nation's debt and deficit.
"I am deeply saddened by the loss of my dear friend OV Smith, whom I have known for more than 30 years. OV and I became friends while I served in the California State Assembly and she was working to educate members of the Assembly about the needs of persons with developmental disabilities.
Congresswoman Maxine Waters (CA-43), whose district includes Los Angeles International Airport (LAX), issued the following statement today regarding the release of a report by Los Angeles World Airports (LAWA), about the response and recovery efforts following the November 1, 2013, active-shooter incident at LAX:
In an overwhelmingly bipartisan vote of 301-91, today the U.S. House of Representatives passed comprehensive legislation designed to end unaffordable flood insurance rate hikes. Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, today lauded passage of H.R. 3370, the Homeowner Flood Insurance Affordability Act.