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by Zachary A. Goldfarb & Brady Dennis
The Obama administration's plan to overhaul the U.S. housing market drew fire Friday from some of the president's traditional allies, who argued that proposals in the newly released report could make it too costly for many Americans to buy a home.
Congresswoman Maxine Waters (D-Calif.), the Ranking Member on the Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises, released the following statement today after the Obama Administration unveiled its plan, "Reforming America's Housing Finance Market":
Congresswoman Maxine Waters (D-Calif.), Ranking Member of the Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises, led her Democratic colleagues on the full Committee in defense of funding for the Securities and Exchange Commission. She delivered the following remarks:
"Thank you, Mr. Speaker. I yield myself such time as I may consume.
Congresswoman Maxine Waters (D-Calif.) issued the following statement today, commemorating the 21st anniversary of Nelson Mandela's release from Victor Verster Prison in South Africa:
The House Financial Services Committee adopted an amendment by Congresswoman Maxine Waters (D-CA) to conduct oversight over the situation in Haiti one year after a devastating earthquake and relief and reconstruction efforts in the country. She offered the amendment jointly with Congresswoman Carolyn McCarthy (D-NY) during a markup of the Committee's oversight plan for the 112th Congress.
by Ron Orol
The White House may move ahead without congressional approval on proposals to reform the government-controlled housing giants Fannie Mae and Freddie Mac, including raising the fees charged for guaranteeing credit risk.
Congresswoman Maxine Waters (D-Calif.), Ranking Member of the Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises, delivered the following opening remarks during a hearing on "GSE Reform: Immediate Steps to Protect Taxpayers and End the Bailout" today:
by Kenneth J. Cooper
Since the housing market collapsed, mortgage lending to African-Americans and Hispanics has plunged precipitously—by more than 60 percent, according to a new study of loan information that banks submit to the federal government.
by Amanda Terkel
Despite campaigning on a platform of creating jobs and boosting the economy, some of the first pieces of legislation Republicans have taken up in the 112th Congress are measures that would restrict women's access to abortion and family planning services.