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Ranking Member Maxine Waters introduced landmark legislation that would provide significant resources to end homelessness in America. The measure is a bold effort to declare what is really needed to address this crisis.

Press Releases
Waters, Cleaver, Richmond Call for Field Hearing on the National Flood Insurance Program
August 25, 2016
Today, in the face of the historic flooding in Louisiana, a trio of House Democratic lawmakers called on Republican leadership of the Financial Services Committee to hold a field hearing in Baton Rouge, Louisiana, to examine the government’s response to the recent flooding in that area, and to better inform the Committee as it prepares to consider the reauthorization of the National Flood Insurance Program (NFIP), which is set to expire on September 30, 2017. In the letter to Committee Chairman ... More
Press Releases
Waters Calls on President Obama to Waive the Cost Sharing Requirements for Disaster Assistance on Flooded Areas in Louisiana
August 23, 2016
Following historic flooding in Louisiana and the President’s disaster declaration leaving open the possibility that the state may have to cover 25 percent of public assistance funds, Congresswoman Maxine Waters (D – CA), Ranking Member of the Committee on Financial Services sent a letter to President Obama and called on him to use his authority to provide relief for the state and require the federal government to pay for 100 percent of public assistance. Due to the low take up rates of the Natio... More
Press Releases
Congresswoman Waters Urges Rethinking Natural Disaster Assistance in the Wake of Baton Rouge Flooding
August 19, 2016
Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, issued the following statement in the wake of historic flooding in Baton Rouge, Louisiana: “As the devastating flooding in Baton Rouge, Louisiana demonstrates, too many Americans receive outdated and incorrect signals from the National Flood Insurance Program (NFIP). Only a small fraction of residents who found themselves in harm's way were considered to be in a flood zone and therefore most did not purcha... More
Press Releases
Waters, Conyers, Johnson Lead Over 60 House Democrats in Letter Supporting CFPB Arbitration Proposal
August 3, 2016
Today, 65 House Democrats, led by Reps. Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services; John Conyers, Jr. (D-MI), Ranking Member of the Committee on the Judiciary; and Henry C. “Hank” Johnson, Jr. (D-GA), Ranking Member of the Subcommittee on Regulatory Reform, Commercial and Antitrust Law, sent a letter to the Consumer Financial Protection Bureau expressing strong support for its proposal to limit forced arbitration in consumer contracts. The rule would ban class-ac... More
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Opposition to Chairman Hensarling’s ‘Wrong Choice Act’
August 1, 2016
Opposition to Chairman Hensarling’s “Wrong Choice Act” continues to mount: From Advocacy Groups: Hensarling Plan Would Dramatically Weaken Financial Regulation, Americans for Financial Reform Most Americans approve of the reforms in Dodd-Frank and want to see financial regulation made tougher, not weaker … In addition to repealing many of the reform measures adopted in response to the financial crisis of 2008, Hensarling would burden regulators with a series of crushing new procedural duties tha... More
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