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Thank you, Mr. Chairman. While many observers still disagree about the central cause of the financial crisis, we know that among many other factors, proprietary trading did play a role in the 2008 economic collapse.

Below is Congresswoman Maxine Waters' one minute statement on the House floor in support of H.R. 41 - the Hurricane Sandy Relief Bill:

Thank you so very much, Congressman Meeks.

Thank you, Mr. Chairman, for holding this important hearing this morning.

The multimillion-dollar expansion and facelift of Los Angeles International Airport is running into resistance from some residents.

People who live in the shadow of the airport are speaking out against plans to relocate a runway even closer to their homes.

They aired their concerns at a public meeting on Tuesday night.

Neighbors of Los Angeles International Airport turned out in force at a public hearing Tuesday night to protest plans to separate the two northern runways by 260 feet for safety and efficiency reasons.

As the board of the American International Group weighs whether to join a shareholder lawsuit against the United States government, several lawmakers have a simple message for the bailed-out insurer.

Facing outrage from all quarters, AIG Inc. said Wednesday it would not sue the U.S. government over terms of its multi-billion dollar bailout.

Congresswoman Maxine Waters (CA-43), Ranking Member of the Financial Services Committee, released the following statement today in response to reports that the American International Group Inc. (AIG) is considering joining a lawsuit against the U.S. government claiming that the terms of the bailout were unfair: