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"I am very pleased with Attorney General Holder's announcement today that federal prosecutors will no longer pursue draconian mandatory minimum prison sentences in cases involving low-level, non-violent drug offenders who have no ties to large-scale gangs and cartels.

Homebuyers could feel the pinch if Congress follows through on plans to shut down Fannie Mae and Freddie Mac, the government-controlled mortgage guarantee giants that were rescued by a $187 billion taxpayer bailout during the financial crisis.

Congresswoman Maxine Waters, Ranking Member of the House Financial Services Committee, today released the following statement in response to President Barack Obama's speech outlining his plan for housing finance reform in Phoenix.

A newly proposed bill aims to give people with serious and terminal illnesses more say in their care plan and provide Medicare and Medicaid reimbursement to healthcare professionals for holding discussions about a patient's goals, illness and treatment options.

Congresswoman Maxine Waters (CA-43) has been named the new Co-Chair of the Congressional Task Force on Alzheimer's disease. She will lead the Caucus as the Democratic Co-Chair, alongside the Republican Co-Chair, Congressman Chris Smith (NJ-04).

As the national debate over gun violence escalates, the Congressional Black Caucus came to Chicago on Friday promising to put together a plan to curb violence in urban areas.

A majority of the Democratic women serving in the House of Representatives are urging President Barack Obama to nominate Janet Yellen as chair of the Federal Reserve, putting additional pressure on the president to reject economist Larry Summers, who is rumored to be the frontrunner.

Congresswoman Maxine Waters Monday hosted a roundtable discussion on Calif.'s implementation of the Affordable Care Act.

The discussion ran from 9 a.m. to 11:30 a.m. at the Lawndale Community Center, 14700 Burin Avenue.

Financial Services Committee Ranking Member Maxine Waters, today joined by 37 of her fellow Democrats, delivered a letter urging President Obama to nominate Janet Yellen, current Vice Chairman of the Board of Governors of the Federal Reserve System, to replace Ben Bernanke as Chairman of the Federal Reserve when his term expires.

Congresswoman Maxine Waters (CA-43) and the U.S. Housing & Urban Development (HUD) Secretary Shaun Donovan will host a meeting with the mayors and city council members from the cities of Gardena, Hawthorne, Inglewood, Lawndale, Lomita and Torrance, and key stakeholders for a discussion about the ongoing impact of sequestration on local communities.