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25 Sep 2019, 3:03 am by John Jenkins
  Committee Chair Maxine Waters (D – Cal.) opened the hearing with a statement that accused the SEC of “not fulfilling its mission as Wall Street’s cop. [read post]
24 Sep 2019, 3:39 pm by Scott H. Kimpel
Committee Chairwoman Maxine Waters (D-CA), like many other members of the committee, posed questions to the SEC commissioners about the nascent Libra cryptocurrency, in particular the potential systemic risks it could pose to the financial system. [read post]
24 Sep 2019, 6:11 am by Tinker Ready
Maxine Waters (D-Calif.) that said because of the board’s mission to protect investors and ensure the accuracy of audits, “it is vital that PCAOB whistleblowers are incentivized to come forward and are protected from employer retaliation. [read post]
20 Sep 2019, 7:14 am by John Jascob
House FSC Chairwoman Maxine Waters (D-Calif) noted that the PCAOB program will mirror the successful SEC program and help to ensure informative, accurate, and independent financial reports. [read post]
28 Aug 2019, 7:48 pm by Bloomberg
Citigroup quietly boosted its minimum wage to $15 an hour, joining competitors in awarding raises to rank-and-file staff, after House Financial Services Committee Chair Maxine Waters prodded the firm. [read post]
21 Aug 2019, 12:44 pm by Andrew Carobus
Last week, Congressional representatives Maxine Waters, D-CA, Bobby Scott, D-VA, and Elijah Cummings, D-MD, as chairs of committees with oversight responsibility for the student loan servicing market, sent letters to CFPB Director Kathleen Kraninger and Department of Education Secretary Betsy DeVos about their concerns with the current state of the student loan industry. [read post]
16 Aug 2019, 4:56 am by Brian D. Pedrow and Dee Spagnuolo
Following hearings this past spring, Representative Maxine Waters (D-CA), Chair of the House Financial Services Committee, released a statement that the Committee finds more work is needed to improve diversity at megabanks. [read post]
24 Jul 2019, 10:00 am by Kristian Soltes
Politicians in both hearings pointed to Facebook’s questionable record regarding privacy and security, while House Financial Services Committee chairwoman Maxine Waters and other Committee Democrats have already prepared legislation to stop Libra development until all questions are answered. . . . [read post]
20 Jul 2019, 8:20 am
Last month, Representative Maxine Waters, Chair of the House Financial Services Committee, introduced a discussion draft of the “Bad Actor Disqualification Act of 2019” (the “Proposed Act”). [read post]
18 Jul 2019, 8:46 am by James Kim
As a follow up, during her July 17 opening statement before testimony from a Facebook executive, Chairwoman Maxine Waters expressed serious concerns about Libra and asked Facebook to put it on hold. [read post]
11 Jul 2019, 6:00 am by John Jascob
On the floor, House Financial Services Committee Chairwoman Maxine Waters (D-Calif) emphasized that Congress, in drafting the Dodd-Frank Act, did not intend the result reached by the Supreme Court in Somers and that lawmakers did not wish to discourage whistleblowers from reporting to their employers. [read post]
27 Jun 2019, 10:00 am by Malecki Law Team
  Maxine Waters, D-California proposed this amendment which prevents the SEC from using any funds under the Act to enforce Regulation Best Interest. [read post]
27 Jun 2019, 3:00 am by John Jenkins
Maxine Waters (D-Cal.), Chair of the House Financial Services Committee, recently introduced the “Bad Actor Disqualification Act of 2019,”  which would significantly clamp down on the SEC’s ability to grant bad actor waivers. [read post]
21 Jun 2019, 6:46 am by John Jascob
Representative Maxine Waters (D-Cal), chair of the House Financial Services Committee, asked Facebook to agree to a moratorium on developing a cryptocurrency until Congress and regulators can take action on privacy and security risks. [read post]
20 Jun 2019, 9:05 pm by Alana Bevan
House Financial Services Committee Chair Maxine Waters (D-Calif.) expressed concern that Libra may represent a threat to consumer data and asked Facebook to delay “developing a cryptocurrency until Congress and regulators have the opportunity to examine these issues and take action. [read post]
19 Jun 2019, 9:59 am by Vishnu Kannan
Maxine Waters, who chairs the House Financial Services Committee, called on Facebook to pause its cryptocurrency project, POLITICO reports. [read post]
23 May 2019, 9:30 pm by Alana Bevan
Committee Chair Maxine Waters (D-Calif.) criticized the proposed rule, saying that it would put “mixed-status families at risk of being evicted, separated, and left homeless. [read post]
13 May 2019, 7:12 pm by Sabrina I. Pacifici
“Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the creation of a Task Force on Artificial Intelligence chaired by Congressman Bill Foster (D-IL). [read post]
8 May 2019, 11:41 am by John Jascob
It is also important to have brand recognition in the market by encouraging clients to engage in a narrative that is specific to candidates of color.Replying to subcommittee Ranking Member Ann Wagner (R-Mo) on how to improve recruiting minorities and women, Verrett advocated extensive mentorship and sponsorship opportunities, programs for lifestyle challenges (such as paid family leave), training to rotate through all areas of the company, and holding leaders accountable.Representative… [read post]