Maxine Waters

Dozens of lawmakers urge more flood insurance reforms

11/01/19

A group of 64 House lawmakers is pushing congressional leadership to incorporate premium caps and address a new methodology for assessing risk in flood insurance reform legislation.

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FHFA's Calabria is open to wiping out Fannie, Freddie shareholders

10/22/19

At a House hearing covering a whole host of housing finance reform topics, Fannie Mae and Freddie Mac's regulator said "if the circumstances" call for eliminating investors, "we will."

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‘Absolute scam’: Complaints about credit monitoring plans flood CFPB

10/20/19

Regulators have long warned the credit bureaus about deceptive marketing that causes consumers to sign up unwittingly for paid monitoring services. But the practice has persisted, according to complaint data.

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Facebook's Zuckerberg to testify to House on Libra

10/09/19

The social media giant's CEO will likely encounter pushback from members of the Financial Services Committee about the company's plans to launch its own cryptocurrency.

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House lawmakers spar over CFPB debt collection rule

09/26/19

A hearing on legislative proposals exposed a sharp partisan divide over a regulatory plan to restrict the frequency of collection calls.

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House advances bills to protect workers' credit in government shutdown

09/20/19

The House Financial Services Committee passed a bill that would exclude adverse credit information for consumers impacted by a government shutdown.

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House passes five bipartisan financial services bills

09/11/19

The legislation takes aim at third-party bank service vendors, the backlog of FHA appraisals, rural housing assistance and other issues where there is broad agreement.

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'You don’t have to like the GSEs': Comments of the week

08/29/19

Readers react to jilted GSE legacy shareholders and a proposal making it harder to cite disparate impact, criticize Democrats asking the CFPB to stop its payday rule revamp and more.

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Citi raises minimum wage after prod from Maxine Waters

08/28/19

Citigroup quietly boosted its minimum wage to $15 an hour in June, joining competitors in awarding raises to rank-and-file staff.

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Waters meets with Swiss officials to discuss Facebook's crypto plans

08/26/19

House Financial Services Committee Chair Maxine Waters, D-Calif., and a bipartisan congressional delegation met with Swiss government officials last week to discuss Facebook’s plans to launch and operate a digital currency.

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