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Chairwoman Maxine Waters Helps Hundreds of Angelenos Expecting Housing Vouchers
NewsReal Estate

Chairwoman Maxine Waters Helps Hundreds of Angelenos Expecting Housing Vouchers

Sentinel News ServiceApril 14, 2022

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, stopped to assist hundreds of people frustrated by the current housing crisis in Los Angeles. In the article included below, ABC 7 Los Angeles details a recent event where misinformation led to a crowd of people lining up with the expectation of receiving housing vouchers. The article describes the efforts Chairwoman Waters took to support those in need of assistance and clear up confusion.

Waters Announces Over $1 Billion in Paycheck Protection Program Loans
BusinessFinanceNews

Waters Announces Over $1 Billion in Paycheck Protection Program Loans

LAWT News ServiceOctober 1, 2020

Congresswoman Maxine Waters (CA-43), Chairwoman of the House Financial Services Committee, released a district data sheet which summarizes Paycheck Protection Program (PPP) data provided by the Small Business Administration (SBA) regarding loans made to businesses in Gardena, Harbor City, Hawthorne, Inglewood, Lawndale, Lomita, Los Angeles, Playa Vista, and Torrance. Over one billion dollars in PPP loans were awarded to 10,750 businesses within Congresswoman Waters’ congressional district.

Chair Beatty Denounces Wells Fargo CEO’s Racially Insensitive Remarks
NationalNews (Business)Political

Chair Beatty Denounces Wells Fargo CEO’s Racially Insensitive Remarks

Sentinel News ServiceOctober 1, 2020

U.S. Congresswoman Joyce Beatty (OH-03), Chair of the House Financial Services Diversity and Inclusion Subcommittee, wrote a letter to Wells Fargo President and CEO Charles Scharf to express her profound disappointment and disagreement with his remarks regarding the false and misguided perception of a shortage of qualified African Americans as an excuse for his failure to meet Wells Fargo’s workforce diversity goals:

ANGEL NEIGHBORS IN COVID-19 TIMES –TELLING YOUR STORY TO SAY THANKS
COVID-19FamilyLocalNews

ANGEL NEIGHBORS IN COVID-19 TIMES –TELLING YOUR STORY TO SAY THANKS

Special to the SentinelMay 21, 2020

On April 29, 1992, Ward Economic Development Corp (WEDC) had just completed its first housing development – Ward Villas (WV).  In the first month, neighbors – even those who were skeptical about who would move into affordable housing – came to help us protect the newly completed 90,000 + square ft. state of the art complex from being burned or looted.  People of good will provided staples, helped to “man” the fire hoses, stood guard, help residents feel comfortable, setting in place a close community relatedness that has lasted over these last 29 years.

Will proposed CRA rule help or hurt Black America?
Charlene CrowellOpinion

Will proposed CRA rule help or hurt Black America?

Charlene CrowellDecember 26, 2019

Amid the tinsel and garland celebrating the holiday season, two important federal financial regulators are planning how the future financial needs of low-and-moderate income (LMI) communities – including neighborhoods of color – will be met.  In an effort to “modernize” the 1977 Community Reinvestment Act (CRA) on December 12 the board of the Federal Deposit Insurance Corporation (FDIC) endorsed a proposed Notice of Public Rulemaking (NPR) offered by the Office of the Comptroller of the Currency (OCC). 

Rep. Maxine Waters Announces $4 Million Grant for Noise Mitigation in Inglewood
LocalNews

Rep. Maxine Waters Announces $4 Million Grant for Noise Mitigation in Inglewood

Sentinel News ServiceSeptember 20, 2019

Congresswoman Maxine Waters (CA-43), Chair of the House Financial Services Committee, announced today that the United States Department of Transportation’s Federal Aviation Administration (FAA) awarded a $4,428,903 grant to the City of Inglewood for residential noise mitigation. The grant will provide assistance to an estimated 150 Inglewood residents who are impacted by the noise from planes flying into and out of the Los Angeles International Airport (LAX). 

Committee Democrats Call on Facebook to Halt Cryptocurrency Plans
BusinessFinanceNews

Committee Democrats Call on Facebook to Halt Cryptocurrency Plans

LAWT News ServiceJuly 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. The system could also provide an under-regulated platform for illicit activity and money laundering.”

Treasury Secretary Steven Mnuchin Delays Harriet Tubman $20 Bill Until 2028, the Tubman 20 was to be Unveiled in 2020
BusinessDaily BriefsFinance

Treasury Secretary Steven Mnuchin Delays Harriet Tubman $20 Bill Until 2028, the Tubman 20 was to be Unveiled in 2020

Sentinel News WireMay 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. The unveiling scheduled in 2020, had been timed to coincide with the 100th anniversary of the 19th Amendment, which granted women the right to vote. Mnuchin told lawmakers on the House Financial Services Committee that the redesign process, which started during the Obama administration, would be delayed until 2028. Mnuchin said he would instead focus on anti-counterfeiting upgrades to the $10 and $50 bills. “The primary reason we’ve looked at redesigning the currency is for counterfeiting

Donald Trump Loses Battle in Court, Judge Rules Trump Cannot Block a House Subpoena of Financial Records
Daily BriefsNationalPolitical

Donald Trump Loses Battle in Court, Judge Rules Trump Cannot Block a House Subpoena of Financial Records

Associated Press- JESSICA GRESKOMay 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, who was appointed by President Barack Obama, said Trump cannot block a House subpoena of financial records. He said the Democratic-led House committee seeking the information has said it believes the documents would help lawmakers consider strengthening ethics and disclosure laws, among other things. The committee’s reasons were “valid legislative purposes,” Mehta said, and it was not for him “to question whether the Committee’s actions are truly motivated by political considerations.” The decision comes

Former Exec Slams CBS News’ ‘White Problem’
BusinessEntertainmentTV

Former Exec Slams CBS News’ ‘White Problem’

Stacy M. Brown, NNPA Newswire CorrespondentMay 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.

Don’t Mess with Max: Mnuchin Madness
Julianne MalveauxOpinion

Don’t Mess with Max: Mnuchin Madness

Julianne Malveaux, NNPA Newswire ContributorApril 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.