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House Financial Services Committee
Committee Democrats Call on Facebook to Halt Cryptocurrency Plans
July 12, 2019
“Investors and consumers transacting in Libra may be exposed to serious privacy and national security concerns, cyber security risks, and trading risks. Those using Facebook’s digital wallet – storing potentially trillions of dollars without depository insurance– also may become unique targets for hackers. For example, during the first three quarters of 2018, hackers stole nearly $1 billion from cryptocurrency exchanges.[3] The system could also provide an under-regulated platform for illicit activity and money laundering.” ... read more »
Treasury Secretary Steven Mnuchin Delays Harriet Tubman $20 Bill Until 2028, the Tubman 20 was to be Unveiled in 2020
May 22, 2019
Harriet Tubman / Steven Mnuchin  Treasury Secretary Steven Mnuchin said today that designs for an updated $20 bill featuring Harriet Tubman will be delayed by eight years.  ... read more »
Donald Trump Loses Battle in Court, Judge Rules Trump Cannot Block a House Subpoena of Financial Records
May 20, 2019
WASHINGTON (AP) — A federal judge in Washington ruled Monday against President Donald Trump in a financial records dispute with Congress. U.S. District Judge Amit Mehta, ... read more »
Former Exec Slams CBS News’ ‘White Problem’
May 3, 2019
The snafu led to a meeting with Rep. Maxine Waters, Chairwoman of the powerful House Financial Services Committee, who said CBS officials admitted they had a lot of work to do and the network pledged to include blacks on their 2020 election team and other coverage. ... read more »
Don’t Mess with Max: Mnuchin Madness
April 18, 2019
Mnuchin is really above his Peter Principle as Treasury Secretary in any administration but 45’s. And those birds of a feather stick together because they share values and shady self-serving morals. Mr. Mnuchin boldly requested government planes to facilitate his honeymoon, is taking his cues from the man who has turned the Presidency into a profit center, operating government on a “pay-to-play” basis with possibly Russians, Saudis and who knows who else. ... read more »
WATCH: Chairwoman of the House Financial Services Committee Maxine Waters Discuss Banking Industries Lack of Diversity, Excessive Salaries and CEO Accountability
April 17, 2019
NBC's Wilfred Frost talks with Rep. Maxine Waters (D-Calif.), the chairwoman of the House Financial Services Committee, about big bank CEOs' testimony on Capitol Hill. ... read more / watch video »
Representative Maxine Waters Statement on Paul Manafort Guilty Verdict & Michael Cohen Guilty Plea
August 23, 2018
Congresswoman Maxine Waters (CA-43), Ranking Member of the House Financial Services Committee, released the following statement on Donald Trump’s campaign chairman, Paul Manafort, who was found guilty by a federal jury on 8 counts of bank and tax fraud, and Trump’s personal attorney, Michael Cohen, who pleaded guilty to 8 violations of banking, tax and campaign finance laws:  ... read more »
Waters Introduces Bill to Ensure Student Civil Rights are Protected by Betsy DeVos
August 2, 2018
Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, introduced H.R. 6537, the Education Department Civil Rights Transparency Act, which will increase transparency in investigations conducted by the Department of Education’s Office of Civil Rights in order to ensure that students’ civil rights are protected. ... read more »
Waters Statement on Donald Trump’s Embrace of our Enemies & Hostility Toward our Allies
June 15, 2018
“Donald Trump loves to refer to himself as a ‘deal-maker,’ but in reality, his bluster on the world stage over the past week has only isolated the United States from our allies and played right into the hands of two of our most dangerous enemies, North Korean leader Kim Jong Un and Russian President Vladimir Putin. ... read more »
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