Maxine Waters said "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 insurance would help community banks and credit unions better compete for small businesses' deposits. I appreciate that unlike some of the other bills Republicans have tried to advance this Congress, which were either handouts to our largest banks or rollbacks of vital consumer protections, H.R. 4437 focuses on helping our community banks and credit unions. Mr. Speaker, I again urge my colleagues to support this bill, and I yield back the balance of my time." @ PoliticalQuotes.com

On the recordMay 12, 2026

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 insurance would help community banks and credit unions better compete for small businesses' deposits. I appreciate that unlike some of the other bills Republicans have tried to advance this Congress, which were either handouts to our largest banks or rollbacks of vital consumer protections, H.R. 4437 focuses on helping our community banks and credit unions. Mr. Speaker, I again urge my colleagues to support this bill, and I yield back the balance of my time.

Said by

Maxine Waters

Democratic · California

Source

govinfo.gov

Editor's note · Context

Discussing the importance of deposit insurance reform for community financial institutions.

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