Press Releases

Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, released the following statement in anticipation of the nomination of Janet Yellen as Chairman of the Board of Governors of the Federal Reserve.

"President Obama's choice in nominating Janet Yellen to lead the Fed is both historic and important for our nation's economy. Ms. Yellen's experience as a former Chair of the Council of Economic Advisers, Regional Fed Bank President, and Vice-Chair of the Federal Reserve make her one of the most qualified people ever to be nominated.

In a speech on the floor of the House of Representatives, Congresswoman Maxine Waters, Ranking Member of the House Financial Services Committee, today highlighted the serious consequences of the U.S. defaulting on its debt. Waters also urged Republicans to stop using the debt ceiling to push extremist ideology, calling for a vote on a clean debt-limit increase. She delivered the following remarks.

As prepared for delivery:

With only 13 days until the nation reaches its debt limit, and in the aftermath of the Department of Treasury's report on the impact of defaulting on our debt, Congresswoman Maxine Waters (D-CA) today called on Republicans to stop threatening the nation's economy to move their ideological priorities. She released the following statement:

"As if the consequences of a government shutdown are not bad enough, Republicans are now threatening to hold the full faith and credit of the United States hostage to advance their ideological agenda.

Congresswoman Maxine Waters (D-CA), a strong advocate for the Haitian people in the U.S. Congress, sent a letter to Secretary of State John Kerry today, expressing deep concern about the current political situation in Haiti and requesting that the State Department assist the Haitian government with the holding of elections consistent with the Haitian Constitution. Copies of the letter were sent to Cheryl D. Mills, the State Department's Haiti Envoy, and Thomas C. Adams, Haiti Special Coordinator.

The text of the letter follows:

Congresswoman Maxine Waters, Ranking Member of the Committee on Financial Services, released the following statement on the Republican-imposed government shutdown:

"The irresponsibility of the Republican Party cannot be overstated. As we slowly emerge from the worst economic crisis in over 70 years, I am saddened that ideological extremism has led to another self-inflicted wound that could have dire consequences for our fragile recovery.

Congresswoman Maxine Waters, Ranking Member of the Committee on Financial Services, released the following statement in response to reports of a likely shortfall in capital reserve funds at the Federal Housing Administration:

"During the worst of the crisis, when the private sector virtually left the market, the Federal Housing Administration stepped up and provided the liquidity that kept our struggling housing market afloat. This is the countercyclical role of FHA, as it has been throughout the course of its nearly 80-year history.

Congresswoman Maxine Waters, Ranking Member of the House Financial Services Committee, delivered the following opening statement at today's full Committee hearing on the Terrorism Risk Insurance Act, known as TRIA.

Congresswoman Maxine Waters (D-CA), the Co-Chair of the bipartisan Congressional Task Force on Alzheimer's Disease, which works to increase awareness of Alzheimer's and strengthen the federal commitment to address the disease, issued the following statement in recognition of Alzheimer's Action Day, which falls on Saturday, September 21, 2013:

"As the Co-Chair of the Congressional Task Force on Alzheimer's Disease, I am proud to join the millions of families who are affected by Alzheimer's to recognize tomorrow as Alzheimer's Action Day.