Media

by Peter Schroeder

A coalition of 50 House Democrats are calling on the Obama administration to overhaul one of its key housing relief programs, as Republicans are pushing to eliminate it.

Congresswoman Maxine Waters (D-Calif.) and the African American Members of the House Financial Services Committee (known as the FS 10) were recently honored by the Black Press of America and the National Newspaper Publishers Association Foundation (NNPAF) with the 2011 Political Leadership Award for their work during negotiations for the Dodd-Frank Wall Street Reform and Consumer Protection

Congresswoman Maxine Waters (D-Calif.) issued the following statement today after Geraldine Ferraro, a former Congresswoman from New York and the first woman to ever serve as a vice presidential candidate on a major party's ticket, passed away. She was 75:

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.