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ushousefsc.bsky.social
U.S. House Committee on Financial Services - https://democrats-financialservices.house.gov/ Ranking Member: Maxine Waters FB: https://www.facebook.com/USHouseFSC Instagram: https://www.instagram.com/ushousefsc/ YT: https://www.youtube.com/@USHouseFSC
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Can't make this up. Bankers were "almost crying" the CFPB was holding them accountable. So Trump & co-President Musk sided w/Megabanks & are trying to shut down the CFPB, a popular agency that 4️⃣in5️⃣ Americans support, & has returned over $21 BILLION to harmed consumers from abusive fin. institutions.

What’s in your wallet? NOTHING, because the Trump Administration literally just gave Capital One and other big banks a get out of jail free card when cheating consumers out of their hard earned money. Still think Trump & co-President Elon Musk are looking out for you? www.msn.com/en-us/money/...

Ranking Member Waters, @algreen.house.gov & @repbillfoster.bsky.social sent a letter to the GAO & the Office of Inspector General requesting that they investigate the recent unlawful attempts by the Trump Administration & unelected, billionaire Elon Musk to eliminate the #CFPB.| tinyurl.com/2p9zydf2

This #BHM2025, we highlight @repnikema.bsky.social. At the Cmte's organizational meeting Rep. Williams called for the Cmte to review policy options to expand access to credit through the use of consumer-permissioned data that historically is not included in credit scores, like rental payment history

🚨 MODAY, March 3rd at 5 PM ET 🚨 Ranking Member Maxine Waters, and House Democrats will hand-deliver a letter to Department of Housing and Urban Development (HUD) Secretary Turner demanding answers on efforts to decimate federal housing programs. | tinyurl.com/5aatnyue

🚨 Over 200 House Democrats file amicus brief led by Ranking Member Maxine Waters, @hakeem-jeffries.bsky.social, @joeneguse.bsky.social and @raskin.house.gov, urging U.S. District Court to block the illegal Trump, and co-President Musk #CFPB shutdown | tinyurl.com/bpbfvr84

#BHM2025 Member Spotlight: @repritchie.bsky.social is a strong advocate for safe and affordable housing. Last Congress he co-sponsored of RM Waters' legislative housing package aimed at tackling the affordable housing crisis, ending homelessness, & eliminating the racial wealth & homeownership gap.

#BHM Spotlight: @pressley.house.gov, who serves on the Subcmte on H&I, and the Subcmte on Digital Assets. Last Congress, Rep. Pressley reintroduced the "Greater Supervision in Banking Act," legislation to strengthen Congressional oversight of the country’s largest banks, protect consumers, and more.

@ushousefsc.bsky.social Ranking Member Waters & Senate Committee on Banking, Housing & Urban Affairs Ranking Member @warren.senate.gov's statement in response to HUD Secretary Scott Turner’s recent action to terminate the Affirmatively Furthering Fair Housing rule: tinyurl.com/3xxrcmuw

#BlackHistoryMonth2025 Member highlight: Congresswoman @repbynum.bsky.social, a new Member of @ushousefsc.bsky.social. She is the first Black member of Congress from Oregon and the first Oregon freshman chosen to serve on the House Financial Services Committee in 28 Years. | youtu.be/CwxZvKfjU5w

@ushousefsc.bsky.social have been sounding the alarm 🚨 on the glaring conflicts of interest in Elon Musk's cruel efforts to destroy the #CFPB. As he pushes to turn ✖️ into a payments app, can you guess which agency would be regulating it? That's right — the CFPB. thehill.com/business/516...

#BHM Member highlight: @algreen.house.gov the Ranking Member of the Subcmte on O&I. In 2021 his bill, the “Minority Business Resiliency Act,” was signed into law, codifying MBDA, an agency tasked w/ promoting competitiveness of minority biz, as a permanent fed agency. WATCH: youtu.be/_rnA7DIU0b4?...

Ranking Member Waters sent a letter to two trade associations representing the largest banks. In the letter, Congresswoman Waters demands a response regarding what their member banks are doing to comply with consumer financial protection laws and uphold consumers’ rights. tinyurl.com/28s799r5

We need a sensible tax policy that benefits our country, not just a handful of extremely wealthy individuals. @ushousefsc.bsky.social

Ranking Member Maxine Waters' opening statement at today's Subcommittee hearing: "Trump and un-elected co-President Elon Musk are looking to defang, defund, and defame Wall Street’s cop on the block – the U.S. Securities and Exchange Commission." | tinyurl.com/yc27e8z8

ICYMI Congressional Alert: Rep. Al Green Criticizes Pres. Trump for Voting Against UN Res Blaming Russia for Invading Ukraine. Watch the clip of Rep. Green during the @ushousefsc.bsky.social hearing by clicking here: youtu.be/UV7xpO23ISQ?...

🚨 Ranking Member Maxine Waters sent a letter to Chairman French Hill, requesting an emergency hearing with U.S. Department of Housing and Urban Development (HUD), Secretary Scott Turner, following the Trump Administration’s plans to decimate HUD staff and programs. | tinyurl.com/4b6xwck6

At today's @ushousefsc.bsky.social hearing, I emphasized how we should not subsidize investment in China's economy through our capital gains allowance, nor should we hand #China influence over Pacific nations just to save a few dollars in aid. Watch ⬇️ www.youtube.com/watch?v=_aVl...

Ranking Member Maxine Waters blasts Republican Budget Rip Off: “Republicans are defunding the police, by stripping funding for the Consumer Financial Protection Bureau. CFPB is the only Federal cop on the beat to hold Wall Street banks... accountable when they cheat Americans.”| tinyurl.com/3tr7hnyn

Given these latest attacks from Trump and co-President Musk, it is more important than ever that we hear stories about how the CFPB has worked to protect Americans from harm or help them after they’ve been ripped off. democrats-financialservices.house.gov/contact/shar...

Ranking Member Maxine Waters' opening remarks during today’s hearing examining policies to counter China. | tinyurl.com/7mx2682

🚨 Ranking Member @repmaxwater.bsky.social, and Senators @whitehouse.senate.gov, @wyden.senate.gov, @senatorwarren.bsky.social and @reed.senate.gov file TWO amicus briefs affirming the constitutionality of the "Corporate Transparency Act." | tinyurl.com/mry2mxxc | tinyurl.com/mry2mxxc

#BHM Member Highlight: @cleaver.house.gov the Ranking Member of the Subcmte on H&I. Last Congress his bill, the Hello Girls Congressional Gold Medal Act was signed into law. Most recently he was able to secure funding to support the rehabilitation of Parade Park Homes in KC. youtu.be/7obTpZEQ-Pk?...

Not all heroes🦸 wear capes...

ALL DAY, EVERY DAY: How Ranking Member Maxine Waters and Committee Democrats are standing up for consumers, facing down co-President Elon Musk in no-holds barred fight for the future of the #CFPB | tinyurl.com/47z69u24

#BHM2025 Spotlight: Rep. David Scott a senior Member of @ushousefsc.bsky.social. Rep. Scott is an advocate for financial literacy & affordable housing. Last congress he cosponsored the Downpayment Toward Equity Act, to address the racial wealth & homeownership gap. | www.youtube.com/watch?v=_EiJ...

🚨 BREAKING: Overnight while Trump and co-President Musk thought no one was paying attention, they removed signage from the CFPB’s HQ. So much for transparency... This is another step in their systematic and illegal plan to eradicate the consumer protection the #CFPB provides.

For #BHM, @ushousefsc.bsky.social is highlighting Rep. Beatty, RM of the Subcmte on Nat. Sec., Illicit Finance, & Intl. Fin. Institutions. Rep. Beatty has been a vocal leader & advocate for the issues impacting Black Americans like financial inequality in the financial system. | youtu.be/87RhMqe2dpw

Since its creation after the 2008 financial crisis, the Consumer Financial Protection Bureau has returned $20 billion to Americans harmed by financial institutions. If you've benefited from the CFPB, my @ushousefsc.bsky.social colleagues and I want to hear from you. Share your story here:

Ranking Member Maxine Waters asks consumers and employees to share #CFPB success stories amid Trump and Musk illegal shutdown | tinyurl.com/4fbjzst5

#BHM @ushousefsc.bsky.social Member highlight: @meeks.house.gov, a staunch advocate of equity, & inclusivity. He worked w/the FHLB of NY to accept an alternative credit scoring model creating more opportunities across the NY region & narrowing the racial homeownership gap. 📺: youtu.be/ddEYg-gJbS0

Ranking Member Maxine Waters' statement in response to reports regarding the Trump Administration’s plans, alongside the unofficial Department of Government Efficiency (“DOGE”), to eliminate at least 50% of staff at the U.S. Department of Housing and Urban Development (HUD). | tinyurl.com/2w6u232z

Ranking Member Maxine Waters leads Democratic Members in urging Financial Services Agencies to Defy Trump’s illegal anti-Diversity, Equity, Inclusion, and Accessibility (DEIA) order and uphold legally mandated efforts. | tinyurl.com/ym2drje2

Housing costs & evictions skyrocketed under the first Trump Administration while corporate landlords bought up the housing stock. I support @ushousefsc.bsky.social’s effort to stop the Trump Admin’s efforts to freeze federal funding used to end homelessness and build affordable housing.

Are high housing costs breaking your heart 💔 and your bank account this Valentine’s Day? @USHouseFSC have a remedy for your heartache: #ShowHousingLOVE, invest in affordable housing🏠 and establish an #EconomyforEveryone.

#Valentinesday2025 💘 FACT: 8️⃣1️⃣% of voters, both Republicans and Democrats, #LoveTheCFPB ❤️ and want the agency to continue its work. Republicans, listen to your constituents and get Elon Musk's hands off the CFPB. Share your #CFPBWorks 💘 story: democrats-financialservices.house.gov/contact/shar...

In light of Elon Musk & his #DOGE team’s rapid and illegal takeover of multiple federal agencies, Ranking Member Maxine Waters, & Congressman @repbradsherman.bsky.social, sent a letter to the SEC warning of the dangerous consequences if Musk’s DOGE team takes over the agency. | tinyurl.com/ycw9k3dp

Ranking Member @repmaxinewa.bsky.social, and Congressman @repbillfoster.bsky.social sent a letter to the Acting Director of the #cfpb, Russell Vought, demanding answers on his implementation of Project 2025 plan to illegally defund the CFPB. | tinyurl.com/yndz9nj3

Fed Chairman Jerome Powell might be one of the only people left in Washington with support on both sides of the aisle. At today’s @ushousefsc.bsky.social hearing, I urged Powell to maintain the Fed’s independence and ignore demands by #Trump Watch ⬇️ youtu.be/ycK9rodEvXw

I joined Rep. Maxine Waters and the House Financial Services Committee to discuss the #CaliforniaWildfires and the urgent need for federal assistance to help fire victims rebuild their lives and livelihoods.

Ranking Member @repmaxinewa.bsky.social to Federal Reserve Chair Powell: "You must stand firm in defending the Fed’s independence, reject any attempt by Elon Musk and his #DOGE minions to gain access to the Fed, its systems and data" | tinyurl.com/wmdh2662

RM's @repmaxinewa.bsky.social & @warren.senate.gov wrote to Federal Reserve Chair Powell, questioning why the Fed plans to weaken banking rules by upending the stress testing framework used to ensure that banks are prepared for financial & economic shocks and downturns. | tinyurl.com/2p8y5by9

Chairman Hill has extended the offer of bipartisanship to work on bipartisan stablecoin legislation. We have accepted this offer and look forward to crafting strong, bipartisan legislation to address gaps so we can promote responsible innovation & protect investors from harm. 💻: tinyurl.com/2c9pjxrm

The CFPB has returned $20 BILLION to Americans harmed by scammers, predatory lenders, and big banks. Trump and Elon want to dismantle the CFPB and open the door for bad actors to rip off consumers without consequence. We won't stand for it.

Today, my @ushousefsc.bsky.social colleagues and I heard directly from experts about the impacts of the Los Angeles wildfires.

Ranking Member @repmaxinewa.bsky.social condemns Trump Administration’s cruel actions to illegally discriminate in homeless shelter access and services in the dead of winter. "Committee Democrats and I stand ready to continue the fight for fair & affordable housing for al..." | tinyurl.com/2kmnypwc

ICYMI: Trump, Elon, and their minions have effectively shut down the CFPB, making it much easier for big banks and predator lenders to rip you off. I’m here at the CFPB to fight against these attacks that will harm consumers. Watch live: www.youtube.com/live/vBa61MD...

Trump and Musk don't want watchdogs like the CFPB protecting the people. They want big banks and bad actors to run rampant and take people for a ride. They want to pillage the government and make themselves rich. But we won't let them. youtube.com/shorts/ibBqx...

Ranking Member Maxine Waters' statement following reports that Elon Musk has taken over the Consumer Financial Protection Bureau (CFPB) and is rapidly advancing plans to eliminate the agency. | tinyurl.com/yz7z4yks

The CFPB costs $800 Million annually and has returned over $21 Billion to consumers cheated by banks, credit card companies, payday lenders, and scammers. Yesterday, the richest man in the world Elon Musk, said he’s going to kill it, hurting millions of working-class American families. #ReopenCFPB