Maxine Waters

I claim the time in opposition to the amendment. The Acting CHAIR (Mr. Moran). The gentlewoman from California is recognized for 5 minutes.

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from West Virginia will be postponed. Amendment No. 3 Offered by Mr. Davidson The Acting CHAIR…

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from Tennessee will be postponed. {time} 1245 Amendment No. 2 Offered by Mr. Mooney The Acting…

In closing, I urge my colleagues to oppose this amendment and the underlying bill, and I yield back the balance of my time.

This bill is opposed by the following organizations: Americans for Financial Reform, Demand Progress, Public Citizen, and Take on Wall Street. Mr. Chair, I reserve the balance of my time.

Republicans are focused on the bill's prohibition on CBDCs, but according to the nonpartisan CBO: ``The bill's prohibition on the Federal Reserve's use or issuance of a central bank digital currency could apply to bank reserves, which are…

According to an analysis written by Jaret Seiberg with TD Cowen, published today, May 23, 2024: We do see risk in the House looking today to pass a related bill that would ban the United States from launching a digital dollar. We view such…

I claim the time in opposition. The Acting CHAIR (Mrs. Bice). The gentlewoman from California is recognized for 5 minutes.

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from South Carolina will be postponed. Amendment No. 4 Offered by Mr. Perry The Acting CHAIR. It…

I claim the time in opposition to the amendment, but I am not opposed to it. The Acting CHAIR. Without objection, the gentlewoman from California is recognized for 5 minutes. There was no objection.

I thank the gentleman from Texas for attempting this amendment. As a matter of fact, there have been any number of Members from this side of the aisle who have been attempting to amend this bill to try and make it better. While I have…

If the gentleman has no more speakers, I am prepared to close. Mr. McHENRY. Mr. Chair, I yield 1 minute to the gentlewoman from California (Mrs. Kim).

I continue to reserve the balance of my time. Mr. McHENRY. Mr. Chair, I yield 1\1/2\ minutes to the gentleman from Ohio (Mr. Davidson), who is the vice chair of the Individual Assets and Financial Technology Subcommittee and the OG, as…

The President states that the resolution before us would ``disrupt the Securities and Exchange Commission's work to protect investors in crypto-asset markets and to safeguard the broader financial system.'' This statement not only explains…

There are security threats coming from the former President of the United States almost every day. He talks about violence if he is not elected.

The Defense Production Act, or DPA, is an important tool that ensures our country is prepared for and can respond to any security threat that may arise.

I and many others are strongly opposed to that merger, and it is important that the OCC... conducts robust due diligence.

I urged the government to block it, and led a letter with 15 Committee Democrats to the bank regulators to immediately strengthen their merger reviews.

This merger will create the 6th largest commercial bank, and Capital One will be the largest credit card lender in the country.

Wells Fargo has taught us a lesson. Wells Fargo is the 4th largest bank, and we know that they are too-big-to-fail.

If mergers like these continue, we will be left with only a handful of megabanks that will be empowered to fleece everyone.

As bank mergers continue to be rubber stamped by regulators, people across America pay the price through higher junk fees and predatory actions.

I am very pleased with President Biden's initiative to eliminate junk fees, as well as all the hard work of the Consumer Financial Protection Bureau under the leadership of Director Chopra to do their part in this initiative.

I love it, and we are going to defend it every day.

Democrats will always protect the CFPB and the consumers they defend.