Maxine Waters

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

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

The Mueller Report: Blacks Better Be Careful

“Let’s get one thing straight, Democrats don’t have the guts to actually file articles of impeachment against President Trump after Mueller has clearly stated there is not sufficient evidence for him to bring any charges.”

ALERT: Rep. Maxine Waters Statement on the Release of a White Nationalist Who Plotted to Kill Elected Officials

WASHINGTON – Congresswoman Maxine Waters (CA-43) issued the following statement after a federal judge ordered the release of Christopher Hasson, a self-described white nationalist who plotted to kill Rep. Waters, several Members of Congress, and journalists:  “I am deeply appalled by Judge Charles Day’s decision yesterday to release Christopher Hasson, a devout and self-described white nationalist Nazi sympathizer, from federal custody because of federal prosecutors’ decision not to charge Hasson under federal terrorism, attempted murder, and other statutes outlawing threats of violence against federal officials.  This is outrageous.  Federal agents found 15 firearms, many rifles, and over 1000 rounds of

Chairwoman Maxine Waters: I Have the Gavel & I’m Not Afraid to Use it

LOS ANGELES — On Saturday, March 30, Congresswoman Maxine Waters (CA-43), the first woman and first African American to Chair the U.S. House Committee on Financial Services, received the 2019 NAACP Chairman’s Award – a highly coveted award that is “bestowed in recognition of individuals who demonstrate exemplary public service and use their distinct platforms to create agents of change.” The award was presented to Congresswoman Waters by Leon W. Russell, Chairman of the NAACP National Board of Directors, during the 50th NAACP Image Awards. Her remarks as prepared for delivery follow. To the Chairman and Board of the NAACP, I

Maxine Waters Says Deutsche Bank has Begun Providing Records of its Dealings with Donald Trump

The chairwoman of the House Financial Services Committee said Tuesday that Deutsche Bank has begun providing records of its dealings with Donald Trump for the panel’s probe into the president’s finances. Rep. Maxine (D-Calif.) said Tuesday that Deutsche Bank has begun cooperating with an investigation into its extensive history with Trump who borrowed millions of dollars from the bank over several decades. When asked Tuesday at the Capitol if Deutsche Bank had started to hand over records of it financial relationship with Trump, Waters replied, “Yes.” The chairwoman also said she was satisfied with Deutsche Bank’s cooperation with the probe and that the Financial Services panel is looking

Maxine Waters Blasts Wells Fargo for Bonus to CEO, Calls for his Removal

Following the announcement that Wells Fargo President and CEO Timothy Sloan received $2 million in performance-based incentive pay for 2018, and total compensation of $18.4 million for the year, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement: “Given Wells Fargo’s continuing failures, it is outrageous and wholly inappropriate that the bank has rewarded Mr. Sloan with a $2 million bonus for 2018, a year in which federal regulators and authorities capped the bank’s growth and fined the bank more than $3 billion for offenses such as improperly charging customers auto insurance and

Maxine Waters Blasts Cruel Trump Budget

WASHINGTON, D.C. -Today, in response to the Trump Administration’s release of its budget request to Congress for Fiscal Year 2020, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, issued the following statement: “Trump has repeatedly shown that he has no interest in standing up for hardworking Americans and this proposal is just another example. This budget is the largest in federal history and includes an additional $8.6 billion for the construction of a senseless border wall. Yet, Trump continues to propose harmful cuts to critical programs that would affect families, seniors, veterans, persons with disabilities, and reduce

Chairwoman of the House Financial Services Committee Maxine Waters Announces March Hearings

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced several Committee hearings for the month of March. Wednesday, March 6 at 10:00 AM – The full Committee will convene a markup of FY2020 Budget Views and Estimates. Thursday, March 7 at 10:00 AM – The full Committee will convene a hearing entitled, “Putting Consumers First? A Semi-Annual Review of the Consumer Financial Protection Bureau.” Tuesday, March 12 at 10:00 AM – The full Committee will convene a hearing entitled, “Holding Megabanks Accountable: An Examination of Wells Fargo’s Pattern of Consumer Abuses.” Wednesday, March 13 at 10:00 AM