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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.
By Pete Kasperowicz
House Republicans for the second day in a row on Friday voted to eliminate a federal mortgage program.
Congresswoman Maxine Waters (D-Calif.) today reintroduced her legislation to improve the National Flood Insurance Program (NFIP). Last year, the Congresswoman's NFIP legislation was passed by the House of Representatives with overwhelming bipartisan support, but was not taken up by the Senate.
Congresswoman Maxine Waters (D-Calif.), a senior member of the Financial Services Committee, spoke out today against Republican attempts to terminate the Home Affordable Modification Program (HAMP) and the Neighborhood Stabilization Program (NSP).
by Kevin Drawbaugh
Congress is pulling on its hip waders again to try to rescue a government policy wreck left over from 2005's Hurricane Katrina.
The National Flood Insurance Program, badly damaged by the costliest natural disaster in U.S. history as well as long neglect, has defied attempts at reform for five years.
Congresswoman Maxine Waters (D-CA), a leading Congressional advocate for women, minorities and low-income people, released the following statement today in recognition of the 100th anniversary of International Women's Day:
Congresswoman Maxine Waters (D-Calif.), a senior member of the Financial Services Committee, issued the following statement today after details of the proposed settlement between state attorneys general and mortgage servicers were revealed: