Maxine Waters

I also want to urge Congress to support our President's Fiscal Year 2023 budget request, which includes more funding for HUD to address housing deficiencies.

I want to commend the House for the passage of the Build Back Better Act that is inclusive of housing provisions for additional funding for HUD.

The investments put forward by this committee are a matter of life and death for American families across the nation.

The tragedy at Twin Parks North West also underscores the effect our country's affordable housing crisis is having on American families.

The tragedy at Twin Parks North West was an unacceptable failure of this system.

What happened at Twin Parks North West was unacceptable to this committee.

I want to thank Congressman Ritchie Torres, who has taken the lead in crafting Federal legislative action to address the fires that we have had this year.

I commend President Biden and Secretary Yellen for their leadership in coordinating these efforts with our allies.

The Federal Government ought to move to do whatever it takes to encourage, to legislate, to get the compensation for the descendants based on the information being available.

This hearing should not be for naught.

Shouldn't there be a way that the banks and insurance companies should move forward, now that some have disclosed, and those that we are going to encourage to disclose, to do its own reparations?

I look forward to discussing the actions of our financial industry, and what they can do to remedy and deal with the lasting effects of their having profited from the enslavement of human beings.

Financial services institutions played a powerful role in financing channeled slavery.

I want to commend Representative Carolyn Maloney for her steadfast work in proposing the overdraft reforms we are considering today.

For far too long, banks have been charging excessive overdraft fees.

Unfortunately, despite being invited to testify, the major exchanges, as the Chair has said--the New York Stock Exchange, NASDAQ, and CBOE--are not here today to describe their role in our economy or to help us assess how to reform them.

In the United States, there are thousands of companies and exchange-traded funds (ETFs) traded on our stock exchanges, representing $47 million in market capitalization.

Well, thank you so very much. Is that Dr. ``FRAY-gah'' or ``FRAH-gah?''

I want to thank you because when I first heard Mr. Scalise start to talk about this issue, I thought, oh my God, we are going to have bipartisan support for childcare, and then he went into this political argument about math.

We have $12 billion that we have put together. I worked with Mr. Warner to do that, and of that $12 billion, $1.25 billion has been given out already, and the rest will go through the Treasury Department.

We saw, when we responded to the pandemic, how the big banks who were handling the PPP program took care of their concierge clients and left our small businesses and our minority businesses basically hanging.

I think you know, and everybody knows by now that our committee has it as a high priority to see to it that we correct some of the wrongs and the discriminatory practices that have been employed by the banks.

The International Monetary Fund has long been criticized for its willingness to impose painful reforms on countries in crisis.

I invited Mark Zuckerberg to testify at a hearing where we scrutinized their plans.

I asked Facebook to immediately pause its work until regulators and Congress had an opportunity to review the project.