House Committee on Financial Services - Democrats

The Trump Administration has no shame. At yesterday's hearing Ranking Member @RepMaxineWaters asked @SecScottBessent if he wrote a letter to investors warning that "tariffs are inflammatory." He lied and said "NO" Later he doubled down on the lie with Vice RM @RepCasten.

Innovation shouldn't be a code word for deregulation. Republicans are leveraging tokenization to bypass established securities laws, making it harder to protect everyday investors. Trading long-standing security for short-term speed is not a solution. 📺: tinyurl.com/yy3r38jd

.@USHouseFSC are fighting to: ✅ Strengthen the NFIP ✅ Invest in flood protection ✅ Make insurance affordable for ALL ✅ Prioritize underserved communities WATCH📺: tinyurl.com/mr2jwu9d

The Reality of the Insurance Crisis: •The Scheme: The Trump Admin wants to privatize the flood insurance program •The Problem: Private insurers already said they can't cover the risk •The Failure: Billions in Congress-approved funds are sitting untouched while homes remain at risk. American homeowners deserve a plan that actually works, not a scheme 📺: tinyurl.com/mr2jwu9d

Today at 2 PM - Subcommittee Ranking Member @repcleaver leads Democrats as the Subcommittee on Housing and Insurance holds a hearing entitled “Mitigation and Multiple Loss Properties: Factors Influencing the High Cost of Flooding.” WATCH 💻: tinyurl.com/mr2jwu9d

The Trump Administration's "Golden Age" has delivered: ❌Skyrocketing mortgage rates ❌A war nobody asked for ❌Record-high oil prices ❌Rising unemployment The math just isn't adding up for American families. 📺: tinyurl.com/9kb6ze8w

Today at 10 AM - Subcmte RM @RepStephenLynch leads Democrats as the Subcmte on Digital Assets, Financial Technology, and Artificial Intelligence holds a hearing entitled “Innovation at the Speed of Markets: How Regulators Keep Pace with Technology.” 💻: tinyurl.com/9kb6ze8w

Committee Democrats believe innovation must be a tool for investors and companies. We’re fighting to ensure: ✅ Safeguards for retirement savings ✅ Protection for family investments ✅ Support for responsible new tech Innovation without exploitation. 📺: tinyurl.com/yy3r38jd

While American families face an affordability crisis, Trump is finding new ways to cash in on crypto. Last month's Mar-a-Lago summit for "World Liberty Financial" shows exactly how his private business interests are colliding with the rules for the entire industry. 📺: tinyurl.com/yy3r38jd

#TODAY @ 10:00 AM - Ranking Member @RepMaxineWaters leads Democrats as the full Committee holds a hearing entitled “Tokenization and the Future of Securities: Modernizing Our Capital Markets.” Watch 💻: tinyurl.com/yy3r38jd

WATCH: Task Force RM @RepJuanVargas at today's hearing examining the Treasury-Fed Accord: "History gives us a clear warning in Argentina & Zimbabwe, governments that use their central banks to finance debt triggered hyperinflation & economic collapse." 📺: tinyurl.com/mut4d7wx

Happening Now - Task Force Ranking Member @RepJuanVargas leads Democrats as the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity holds a hearing entitled “Revisiting the @USTreasury-@federalreserve Accord” 💻: tinyurl.com/mut4d7wx

Subcommittee Ranking Member @RepBeatty at today's hearing on @EximBankUS oversight: "90% of Ex-Im authorizations directly benefit U.S. small businesses... Ex-Im helps to develop the playing field so that small & medium sized companies can better compete for global sales." WATCH:

Today at 10 AM - Subcommittee Ranking Member @RepBeatty leads Democrats as the Subcommittee on National Security, Illicit Finance, and International Financial Institutions holds a hearing entitled “Oversight of the @EximBankUS Bank.”

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WATCH: Ranking Member @RepMaxineWaters at today's hearing on financial privacy framework: “Committee Democrats believe... we must strengthen – not weaken – protections to make sure corporations, data brokers, law enforcement, and most importantly, the Trump Administration cannot misuse our personal information.” 🔗: tinyurl.com/2eh5yd6s

Your digital footprint shouldn't be a tool for corporate or government abuse. @USHouseFSC believe in: • Giving you control over your own data • Building guardrails against data brokers • Protecting your info from the Trump Admin & law enforcement 💻: tinyurl.com/4av8yrdc 📻: tinyurl.com/5n8tcuwa

We know you don’t care about consumers. You are trying to eliminate the CFPB, have done nothing about rising housing and grocery costs, and now with your unlawful and unprepared war, you are further raising gas prices for everyone.

#TODAY @ 10:00 AM - Ranking Member @RepMaxineWaters leads Democrats as the full Committee holds a hearing entitled “Updating America’s Financial Privacy Framework for the 21st Century.”
 Watch or listen:
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At a Subcommittee hearing on fighting financial fraud Ranking Member @RepMaxineWaters called out Republicans for attacking the CFPB, the agency whose primary mission is to protect consumers from deceptive and abusive practices in the financial system. "Let truth come out, and let people know where fraud is really coming from and that the opposite side of the aisle is not doing a darn thing about it." WATCH:

On the three-year anniversary of the failure of Silicon Valley Bank, Ranking Member @RepMaxineWaters, reintroduces legislation and urges action to strengthen our banking system. READ🔗: tinyurl.com/bp55jxvh