Press Releases

Congresswoman Maxine Waters (CA-43) drew a standing-room-only crowd for an Emergency Preparedness Workshop held at the George Nakano Theater in Torrance on Saturday, April 12. The event was designed to increase disaster awareness and preparedness planning for constituents, their families and neighborhoods. Experts from federal, state and local government were on hand to answer questions and help people get prepared in the event of a man-made or natural disaster.

Congresswoman Maxine Waters' office is now accepting submissions for the 2014 Congressional Art Competition. This annual competition celebrates the artistic spirit of high school students across the nation, offering them an opportunity to showcase their talent and compete to have their artwork displayed in the United States Capitol for a full year. Interested student artists must reside or attend a high school in the 43rd Congressional District to compete. This year's submission deadline is Monday, April 25, 2014 at 5:00 PM Pacific Standard Time.

Congresswoman Maxine Waters (CA-43) released the following statement today in wake of the tragic bus crash in Northern California which involved Los Angeles-area students:

"I extend my deepest condolences and prayers to the families, friends and loved ones of the victims from yesterday's horrific bus crash in Orland, about 100 miles north of Sacramento. I wish those injured a speedy recovery.

Congresswoman Maxine Waters (CA-43), Ranking Member of the Financial Services Committee, released the following statement today on Equal Pay Day which symbolizes when, more than three months into the year, women's wages finally catch up to what men were paid in the previous year. According to U.S. Census Data, American women still earn only 77 cents to every dollar made by a full-time working man.

Today, Government Sponsored Enterprise (GSE) Fannie Mae announced it has earned a fourth quarter profit of $6.5 billion in 2013 and will repay $7.2 billion to the U.S. Department of the Treasury in March. The payment will mean the company has returned $121.1 billion back to the taxpayers –returning even more than the $116.1 billion it received after being taken over by the government in 2008. This comes following a similar announcement by Freddie Mac late last year.

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.