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Congresswoman Maxine Waters (D-Calif.), a senior member of the Financial Services Committee and a top congressional advocate for affordable housing, reintroduced H.R. 1209, The Section 8 Voucher Reform Act (SEVRA), late last week. The bill would reform the Section 8 Housing Choice Voucher Program, which provides rental housing assistance to 2 million low-income American families.
by Richard Simon
The congressional hearing had been called to take testimony about a Republican plan to shut down a nationwide program championed by Rep. Maxine Waters that uses tax dollars to buy and fix up foreclosed properties.
When it was her turn to speak, the fiery Los Angeles Democrat said: "I don't have any questions. I just have a lot to say."
The House of Representatives voted today to end the Neighborhood Stabilization Program (NSP), which Congresswoman Maxine Waters (D-Calif.) created and which President George W. Bush signed into law three years ago under the Housing and Economic Recovery Act (HERA).
By Jeremy Pelofsky
FBI Director Robert Mueller defended on Wednesday the Obama administration's efforts to prosecute Wall Street executives responsible for the U.S. mortgage meltdown amid criticism from some lawmakers that not enough has been done.
Congresswoman Maxine Waters (D-Calif.), who chaired the Congressional Black Caucus (CBC) from 1997-1999, issued the following statement today on the occasion of the CBC's 40th anniversary:
by Richard Simon
An experiment to charge solo drivers to use speedier carpool lanes on two of Los Angeles' most congested freeways has hit renewed opposition in Congress as two influential lawmakers — a Republican and a Democrat — say the plan is unfair to taxpayers and would create a two-tier transportation system for rich and poor.
Congresswoman Maxine Waters (D-Calif.), who represents a district with a strong Japanese-American community, issued the following statement today after an 8.9 magnitude earthquake and subsequent tsunami devastated northern Japan, leaving hundreds dead, thousands missing, and infrastructure decimated:
Congresswoman Maxine Waters (D-Calif.), the ranking member of the Subcommittee, issued the following opening statement:
Thank you, Mr. Chairman, for convening this hearing today to examine the potential for creating a covered bond market in the United States.
Today we convene to discuss covered bonds, and Representative Garret's covered bond bill, H.R. 940.
by Alan Fram
The House voted Friday to kill mortgage assistance for homeowners who have lost their jobs or become ill, as the two parties battled over how to balance frugality and compassion at a time of enormous budget deficits.