Last November, when Judge Rakoff rejected a negotiated settlement between the Securities and Exchange Commission and Citigroup, it captured the attention of the public and really focused us, in Congress, on just how frequently our financial regulators enter into 'neither admit nor deny' settlements with the firms they regulate.
Waters highlights the public's concern over SEC settlements without admissions of wrongdoing.
Share
More from Maxine Waters
Mr. Speaker, HUD plays a vital role in providing safe and affordable housing to families all across the United States. Families depend on HUD's programs to keep a roof over their heads. H.R. 225 would allow Congress and the public to hear…
With costs soaring and small businesses struggling to weather the impacts of the Trump tariffs and his administration's war on small businesses, it is crucial that we do what we can to make sure government is working for them, not against…
Mr. Speaker, given the human rights violations committed by the Burmese leadership, we must ensure that no new funds are disbursed to the government. In line with longstanding U.S. policy, America should urge multilateral institutions like…
Mr. Speaker, there is a lot that Congress can do to help our community financial institutions. This includes taking up deposit insurance reform bills like the ones that I and my committee Republicans have put forward. Increasing deposit…
Other voices in this conversation
