Maxine Waters said "Mr. Speaker, this is a good bill that will help community banks. The bill is supported by the National Bankers Association and the Community Development Bankers Association, and I am very pleased to support it. As we have discussed, there is more Congress can do to update the deposit insurance reform framework to ensure it is working for community banks, for midsize banks, for MDIs and CDFIs, for rural banks, and all of their customers, especially the small businesses, nonprofits, churches, and other organizations and their workers. Let's pass comprehensive deposit insurance reform into law without further delay. In the meantime, I, again, urge my colleagues to support this bill, and I yield back the balance of my time." @ PoliticalQuotes.com

On the recordMay 19, 2026

Mr. Speaker, this is a good bill that will help community banks. The bill is supported by the National Bankers Association and the Community Development Bankers Association, and I am very pleased to support it. As we have discussed, there is more Congress can do to update the deposit insurance reform framework to ensure it is working for community banks, for midsize banks, for MDIs and CDFIs, for rural banks, and all of their customers, especially the small businesses, nonprofits, churches, and other organizations and their workers. Let's pass comprehensive deposit insurance reform into law without further delay. In the meantime, 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 support for a bill aimed at reforming deposit insurance for community banks.

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