House Committee on Financial Services - Democrats

Ranking Member @RepMaxineWaters celebrates historic bipartisan, bicameral housing package becoming law: "Despite President Trump’s refusal to sign the bill into law, the 21st Century ROAD to Housing Act has now constitutionally become law by Congress, and Congress alone." READ🔗: tinyurl.com/mtbj6exw

#TODAY @ 10:00 AM - Ranking Member @RepMaxineWaters leads Democrats as the full Committee holds a hearing entitled “The Federal Reserve’s Semi-Annual Monetary Policy Report.”

WATCH 💻: tinyurl.com/yyu6kajm

🚨 "The Federal Reserve is independent. It doesn't answer to Donald Trump." WATCH: At today's Committee markup, Task Force RM @RepJuanVargas breaks down the recent SCOTUS @federalreserve ruling, calling out the unprecedented attack on the Fed's independence and our economic stability.

I spoke out against two Republican bills during today's @USHouseFSC markup that would make it easier for bad actors to evade SEC fines and accountability, paving the way for the kind of crony capitalism that harms American investors and weakens our economy.

We need to protect consumers and make it easier to correct mistakes on credit reports.   Errors on credit reports can affect people's ability to secure housing, get a job, or get credit. Our constituents deserve strong consumer protections and a fair process to correct inaccurate information. @USHouseFSC @HouseDemocrats

While families face rising fraud and credit reporting errors, the Administration is gutting the #CFPB. True consumer protection requires strong oversight and a fully functioning watchdog — not corporate handouts. 📺 : tinyurl.com/2mmpcnyc

WATCH: Ranking Member @RepMaxineWaters' opening remarks at today's Committee markup: "Committee Democrats believe there is a better way. We believe our economy should work for the people who get up every morning, go to work, pay their bills, & play by the rules." 🔗: tinyurl.com/2xd7whcz

Ranking Member @RepMaxineWaters' statement after the U.S. Supreme Court blocked Trump's attempt to remove @federalreserve Gov. Lisa Cook while her case plays out, while separately overturning a 91-year old precedent that was a cornerstone of the independence of many Federal regulators, ruling that the President has the authority to remove members of the @FTC. READ: tinyurl.com/hth5mvv4

WATCH: Subcommittee Ranking Member @repcleaver speaks in support of the TRIA Program Reauthorization Act of 2026: "As we look back nearly 25 years since 9/11, it is important to recognize the federal government’s role in supporting economic development through TRIA... This legislation will provide a long-term reauthorization through 2034 and make targeted, but sensible updates to the program."

🚨 Ranking Member @RepMaxineWaters is sounding the alarm on a new @USDOL proposal that puts your 401(k) at risk. She is pushing back against a new DOL proposal that could expose 401(k) accounts to: ❌ High fees ❌ Limited transparency ❌ Significant liquidity risks Read: tinyurl.com/2dvjsnnu

At Today's @USHouseFSC Capital Markets Subcommittee hearing, I emphasized the importance of protecting retirement investments through strong regulatory protections and expanding access to safe and affordable investment options for Americans.

Did you know? Under Trump's new Chair, Paul Atkins @SECGov enforcement dropped over 20% in FY 2025 and staff headcounts fell by nearly 20%. This gutting of oversight will open the floodgates for market manipulation and financial fraud. 📺: tinyurl.com/57ak28pk

Democrats and Republicans came together to pass a major housing bill that would help build more homes, cut delays, and stop Wall Street investors from squeezing working families out of the market. Instead of signing it, Donald Trump is throwing a temper tantrum and holding housing relief hostage for his voter suppression agenda. Enough games. Pick up the pen and sign the damn bill. @USHouseFSC @HouseDemocrats

Today, I spoke on the House Floor in support of the 21st Century Road to Housing Act. As a proud product of the Old Colony Projects and a founding member of the Congressional Affordable Housing Caucus, I am proud of this bipartisan investment in affordable and workforce Housing and will continue to ensure that we continue to work to make the American Dream attainable to every American. @USHouseFSC

WATCH: Ranking Member @RepMaxineWaters speaks in support of the 21st Century ROAD to Housing Act: “This legislation speaks to the real change that our constituents have been demanding—where everyone can afford a dignified place to call home, where tenants are protected, and working Americans can finally get ahead.” 📺:

A truly strong financial system is one where everyone has a fair shot. This #PrideMonth, @USHouseFSC celebrates the vibrant LGBTQ+ community. We remain deeply committed to tearing down barriers and ensuring our financial system is equitable and inclusive for all.

Ranking Member @RepMaxineWaters secures bipartisan, bicameral deal to get critical housing bill across the finish line: "It’s time to get America back to building affordable housing" Critical provisions championed by @HouseDemocrats included in housing bill: tinyurl.com/bdfhz9kd

Ranking Member @RepMaxineWaters working on solutions to help hard-working families ⬇️

Ranking Member @RepMaxineWaters stands up for Californians at the Committee's disaster recovery hearing: "I want to be disruptive today, and I want to talk about #California and the needs that we have that are not being met and what the President of the United States is not doing." WATCH📺⬇️:

Task Force Ranking Member @RepJuanVargas at today's hearing examining the structure and history of the Federal Reserve System: "Robust transparency, congressional oversight are part of what makes the fed's Independence legitimate in the first place. The goal should be a @federalreserve that is answerable to the public and insulated from short term pressures." WATCH: