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The U.S. Export-Import Bank opens up international markets to U.S. businesses by financing and insuring the sale of U.S. exports when private sector financing is prohibitively expensive or not available. It supports hundreds of thousands of jobs at no cost to the taxpayer...

Press Releases
Before Breaking for Summer, GOP Takes a Moment to Hurt American Workers
July 29, 2015
As House Republicans prepare to leave town for a nearly six-week summer recess, Congresswoman Maxine Waters (D-CA), Ranking Member of the Financial Services Committee, took the party to task for failing to take any action to re-open the Export-Import Bank, which has been shut down for nearly a month. Waters blasted Republicans for voting against a procedural motion called the “previous question,” which would have forced a vote on legislation to extend the Bank’s charter through 2019. The legisla... More
Press Releases
Leading Democrat Introduces Proposal to Reform Controversial Demonstration Program at HUD
July 29, 2015
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, introduced legislation to reform a controversial demonstration program at the U.S. Department of Housing and Urban Development (HUD) known as the “Moving to Work” (MTW) program. The measure, entitled the “Moving to Work Reform Act,” seeks to address many of the known shortcomings of the current demonstration program by requiring HUD to subject all future MTW agreements to several new terms and condi... More
Speeches and Committee Statements
Waters: The Market Did Not – and Cannot—Police Itself
July 28, 2015
At the second in a series of hearings on the fifth anniversary of the Dodd-Frank Act, Congresswoman Maxine Waters (D-CA), Ranking Member of the Financial Services Committee, noted that while Dodd-Frank has done much to stabilize our financial system, the devastating effects of the crisis continue to affect some of the most vulnerable segments of our population. She also underscored the importance of focusing on public housing, the cities and towns still devastated from the foreclosure crisis, an... More
Speeches and Committee Statements
Waters: Financial System Stronger and Safer Than Ever Before
July 23, 2015
At a hearing to discuss the Dodd-Frank Wall Street Reform Act's increased capital and liquidity requirements for the nation's biggest banks, Congresswoman Maxine Waters (D-CA), Ranking Member of Financial Services Committee, strongly rebuked critics by showing how these requirements have effectively stabilized and strengthened financial markets. The top Democrat pointed to reports of record profits for banks and increases in lending as clear signals that Dodd-Frank has made our financial system ... More
Press Releases
Waters Statement on White House Ex-Im Reauthorization Meeting
July 22, 2015
Following a meeting at the White House with President Obama and small business owners affected by the shutdown of the Export-Import Bank, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, underscored Democrats’ commitment to passage of a long-term reauthorization of the export credit agency. She issued the following statement: “I am pleased to join President Obama in continuing to bring attention to the need for the immediate reauthorization of the Export... More
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