Political Quotes

Maxine Waters: “The current preemption clause insulates assignees from liability for their own conduct if it is not under the rubric of…”

On the recordApril 22, 2009
The current preemption clause insulates assignees from liability for their own conduct if it is not under the rubric of fraud.
Said by
Maxine Waters
Democratic · California

Editor's note · Context

Highlights a potential issue with the bill's preemption clause regarding assignee liability.

Share

More from Maxine Waters

May 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…

govinfo.gov
Dec 10, 2025

I encourage all Members to vote ``yes'' on Ms. Garcia's amendment to strengthen the Bank Secrecy Act and anti-money laundering requirements for foreign investment advisers. This reasonable and well-considered provision will ensure…

govinfo.gov
Jun 22, 2026

While no compromise is perfect, this legislation reflects meaningful progress and incorporates over 50 housing and banking provisions which Democrats fought to secure, but our work is far from done.

dailycaller.com
Dec 1, 2025

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…

govinfo.gov

Other voices in this conversation