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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 Announces $738,000 for Housing Authority of LA County
February 27, 2015
Today, Congresswoman Maxine Waters (CA-43), Ranking Member of the Committee on Financial Services, announced that the Housing Authority of the County ... More
Press Releases
BREAKING: Majority of House Supports Ex-Im Bank Renewal
February 26, 2015
Less than one day after four leading Democratic lawmakers introduced legislation to reauthorize, reform and re-energize the Export-Import Bank, support for the bill has dramatically intensified. A growing total of more than 160 Democratic members of the House of Representatives have signed on to cosponsor the legislation, entitled the “Promoting U.S. Jobs through Exports Act of 2015,” (H.R. 1031). The surging support for the Democratic measure, in addition to the 58 Republicans who have supporte... More
Speeches and Committee Statements
At Yellen Hearing, Waters Seeks Answers on the Wealth Gap
February 25, 2015
In opening remarks during today’s semi-annual Humphrey-Hawkins hearing with Federal Reserve Chair Janet Yellen, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, touted the effectiveness of the Federal Reserve’s post-crisis monetary policy and outlined the remaining work left to do to close the wealth gap – which has been exacerbated by the devastating effects of the recent financial crisis. Waters asserted that while our economy continues to witness u... More
Press Releases
Leading Democratic Lawmakers Introduce Legislation to Protect and Reform the Export-Import Bank
February 25, 2015
Four leading Democratic lawmakers have introduced legislation to reauthorize, reform and re-energize the Export-Import Bank, an agency that supports hundreds of thousands of U.S. jobs and levels the playing field so that American businesses are able to compete successfully in global markets. Congresswoman Maxine Waters (D-CA), Ranking Member of the Financial Services Committee, joined Congresswoman Gwen Moore (D-WI), Ranking Member of the Subcommittee on Monetary Policy and Trade, Congressman De... More
Press Releases
Waters Statement on New Rules for Retirement Security
February 23, 2015
Congresswoman Maxine Waters (D-CA), Ranking Member of the Financial Services Committee, released the following statement in reaction to President Obama’s announcement that he is directing his administration to move forward with a proposed rulemaking that will protect families by imposing a “fiduciary standard” on retirement advisors, which will ensure they put the interest of average Americans ahead of their profits. She released the following statement. “I’m pleased that President Obama is focu... More
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