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The Wall Street Reform and Consumer Protection Act was enacted in response to the worst financial crisis since the Great Depression, caused by years of lax enforcement of regulations and zero accountability for the nation’s financial institutions.

Press Releases
Waters Statement on Senate Failure to Renew Terrorism Insurance
December 16, 2014
Upon the news of the U.S. Senate’s failure to reauthorize the critical Terrorism Risk Insurance Act, Congresswoman Maxine Waters (D-CA), Ranking Member of the Financial Services Committee, released the following statement: "I'm saddened and disappointed that the U.S. Senate was unable to renew the critical Terrorism Risk Insurance Act. The death of TRIA is the direct result of Chairman Hensarling's 11th hour brinksmanship in the House of Representatives. Democrats repeatedly pointed out the diff... More
Press Releases
Waters Calls on Obama to “Rethink” Rental Assistance Demonstration
December 15, 2014
The top Democrat on the House Financial Services Committee is calling on President Barack Obama and his administration to “rethink its current strategy for preserving public housing,” raising significant concerns with its current approach. In a Letter to the President, Congresswoman Maxine Waters (D-CA), the Committee’s Ranking Member, expressed concern about the expansion of what has become known as the “Rental Assistance Demonstration,” or RAD, a controversial new demonstration program that al... More
Press Releases
Waters Takes Fight Against Wall Street Bailout to the House Floor
December 11, 2014
The top Democrat on the House Financial Services Committee, Congresswoman Maxine Waters (D-CA), today took her opposition to a provision that could bring back an era of Wall Street bailouts to the House floor. In a fiery speech, Waters expressed her concerns with a Wall Street-authored provision that repeals important taxpayer protections against reckless bank activity enacted as part of the Dodd-Frank Wall Street Reform Act. The provision was jammed into the must-pass government funding package... More
Press Releases
Waters “Increasingly Optimistic” Wall Street Bailout will be Defeated
December 11, 2014
Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, said today that she is “increasingly optimistic” that her Democratic colleagues will join together to halt a Wall Street-authored provision that repeals important taxpayer protections against reckless bank activity enacted as part of the Dodd-Frank Wall Street Reform Act. The provision was jammed into the must-pass government funding package at the 11th hour. She released the following statement: “I am ... More
Press Releases
Waters Lauds Action to Support Housing Trust Fund
December 11, 2014
Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, praised today’s announcement by Federal Housing Finance Agency (FHFA) Director Mel Watt that he will finally fund the Housing Trust Fund, a permanent federal fund that focuses on providing support to states to build, preserve and ultimately increase the supply of affordable rental housing for extremely low- and very low-income families, including homeless families. Waters, a coauthor of the legislation ... More
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