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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 Commends FHFA's Action Protecting Homeowners from Fraud and Abuse
January 30, 2015
Following the release of newly drafted non-bank servicer requirements today, Congresswoman Member Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, commended the Federal Housing Finance Agency for taking positive steps toward establishing protections to prevent American homeowners and taxpayers from falling victim to fraud and abuse. Waters, a strong advocate for safe, decent, affordable housing for all Americans, offered the following statement: “I commend Director... More
In Case You Missed It
Shelby hints he's open to renewing Ex-Im
January 29, 2015
Senate Banking Committee Chairman Richard Shelby (R-Ala.) signaled Thursday that he's willing to support reauthorizing the Export-Import (Ex-Im) Bank,... More
Speeches and Committee Statements
At Hearing, Waters Commends FHFA Director For Expanding Housing Opportunities
January 27, 2015
In advance of testimony by Federal Housing Finance Agency (FHFA) Director Mel Watt before the House Financial Services Committee, Ranking Member Maxine Waters (D-CA) commended the Agency’s efforts to ensure that America’s housing market remains affordable and works for everyone. At a hearing to receive an “An Update from the Director of the Federal Housing Finance Agency,” which is charged with overseeing Fannie Mae and Freddie Mac, Waters acknowledged the Government-Sponsored Enterprises’ (GSEs... More
Press Releases
Waters Announces Financial Services Subcommittee Assignments
January 21, 2015
Ranking Member Maxine Waters (D-CA) today announced subcommittee assignments for the Democratic Members of the House Financial Services Committee. The Ranking Members of each subcommittee were chosen through a selection process based on seniority, with the confirmation of all Committee members. Positions on each subcommittee were secured through an open-bidding process in which all members of the Democratic caucus participate. Factors guiding the process included members’ years of service as wel... More
Press Releases
Waters Outlines Democratic Priorities during Oversight Markup
January 21, 2015
In remarks at the Financial Services Committee markup of its Oversight Plan, which is required by House rules to outline Committee work during the 114th session of Congress, Ranking Member Maxine Waters underscored some of her top priorities for the coming two years. Acknowledging a modest departure from the more contentious oversight plan of the 113th Congress, the Ranking Member highlighted areas of importance to prevent the mistakes that led to the financial crisis of 2008. Waters focused on ... More
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