News Topic: Maxine Waters

House Speaker Paul Ryan's decision not to seek re-election is another sign of the difficulties Republicans will likely face in holding the chamber in November, heightening pressure to move a pending regulatory relief bill as soon as possible. ... Read full article

Rep. Maxine Waters, D-Calif., questioned Bank of America's decision to discontinue free online checking accounts used by many low-income consumers in light of the bank's recent profits and corporate tax cuts. ... Read full article

Democratic lawmakers are objecting to acting CFPB Director Mick Mulvaney's decision to strip the fair-lending office of enforcement powers. ... Read full article

The House Financial Services Committee chairman is calling out Fannie Mae and Freddie Mac's regulator for authorizing payments to two housing trust funds while the mortgage giants have their own financial struggles. ... Read full article

The legislation, introduced by Rep. Patrick McHenry, R-N.C., would essentially reverse a court ruling that marketplace lenders say has blocked them from helping more consumers access credit. ... Read full article

The legislation, a similar version of which passed in the last Congress, would give favorable regulatory treatment to certain loans even if real estate-related fees were paid to an affiliate of the lender. ... Read full article

Top Democrats in the House and Senate sent a letter to Mick Mulvaney on Wednesday questioning his decision to delay the implementation of the Consumer Financial Protection Bureau’s payday loan rule. ... Read full article

Over the past year, the focus of several banking policymakers has been how much the regulatory pendulum might swing back toward the industry’s liking. That theme will likely continue in 2018. ... Read full article

The central bank should take new steps to ensure that examiners do not become too cozy with the big banks they supervise, a government watchdog said. ... Read full article

Democrats' victories in Virginia and New Jersey fueled speculation that they may be able retake the House during midterm elections next year. That could have a big impact on regulatory relief, housing finance reform and other bank priorities. ... Read full article

A bill backed by House Democrats would establish a process to review big banks for patterns of consumer violations, ending possibly in culpable institutions losing their charter. ... Read full article

Rep. Maxine Waters, D-Calif., is calling on the FDIC to hold a public hearing on SoFi's application for a deposit insurance ... Read full article

Democrats sent a letter to House Financial Services Committee Chairman Rep. Jeb Hensarling, R-Tex., asking that he investigate potential financial ties between President Trump and Russia. ... Read full article

Democrats on the House and Senate banking committees are urging Republicans to hold hearings with Wells Fargo's top executives over its phony-accounts and force-placed insurance scandals. ... Read full article

The House was expected Tuesday to pass a resolution to nullify the Consumer Financial Protection Bureau’s rule banning mandatory arbitration clauses. ... Read full article

House Democrats are ultimately hoping that the Deutsche investigation will provide more information about President Trump’s business dealings with Russia. ... Read full article

The House Financial Services Committee approved several bills Thursday designed to boost the private flood insurance market. ... Read full article

Democrats are raising concerns about a Republican push to transfer more of the risk of flood insurance to private insurers. ... Read full article