Press Releases
Congresswoman Maxine Waters (CA-43), Ranking Member of the House Financial Services Committee, delivered the keynote address at the Los Angeles Business Council's Mayoral Housing, Transportation & Jobs Summit that took place at UCLA's Korn Convocation Hall on Friday, Oct.18. Hosted by the UCLA Anderson School of Business, the Summit, now in its 12th year, is a gathering of top business leaders and elected officials.
In the wake of massive money laundering scandals at U.S. banks that allowed terrorist, drug and other illicit money to flow through the U.S. economy, Rep. Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, introduced legislation to strengthen U.S. anti-money laundering laws, close loopholes, encourage the flow of information, and give financial regulators enhanced civil powers to hold bank executives accountable for misconduct on their watch.
Congresswoman Maxine Waters (CA-43) was awarded the inaugural Judge Harry Pregerson Public Service Award by U.S. VETS on Thursday, Oct. 17th. This award honors individuals who have made outstanding contributions to the veterans' community and whose accomplishments can be viewed as models of public service within and outside the work environment. The award was presented to Congresswoman Waters at the U.S.VETS Annual Dinner in Los Angeles.
Congresswoman Maxine Waters (CA-43) released the following statement on the passing of former Congressman Major Owens who represented New York‘s 11th Congressional District:
Congresswoman Maxine Waters, Ranking Member of the House Financial Services Committee, released the following statement following the House of Representatives vote on legislation to raise the debt limit and end the government shutdown.
"I'm pleased that Congress has finally voted to end this unnecessary government shutdown and debt limit crisis. However, I remain concerned that the resolution passed today only opens the government and extends the debt ceiling for a precious few months.
Today, leading Democratic lawmakers called on financial institutions to work proactively with their customers facing financial distress as a result of the shutdown of the Federal Government. Fourteen days into the shutdown, many employees have now seen their first diminished paycheck, leaving them facing short-term financial hardship and possible long-term damage to their creditworthiness through no fault of their own.
Congresswoman Maxine Waters (D-CA), a strong advocate for the Haitian people in the U.S. Congress, reiterated her support for free, fair, and timely elections in Haiti during a hearing yesterday, in the House Committee on Foreign Affairs, entitled "Haiti: Is U.S. Aid Effective?" She addressed her comments to Thomas C. Adams, Haiti Special Coordinator for the U.S. State Department, who was testifying at the hearing.
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.