[Community Banking]
Rep. Waters: “During this crisis, CDFIs and MDIs have provided a financial lifeline and have been very effective at getting much needed capital and relief to communities of color…This legislation is designed to provide resources to that pipeline.”
Photo: YouTube
[Community Financial Institutions]
The PPP allows financial institutions to provide forgivable loans to small businesses so they can keep employees on their payroll while having additional funds to pay rent, utilities and other costs.
Photo: YouTube
[Federal Reserve Response\Coronavirus]
Waters: “During this time of economic turbulence, it is critical that the Fed go beyond these steps and provide much-needed support to those who are on the front lines of this pandemic.”
Photo: YouTube
[Wells Fargo Accountability]
Rep. Waters: “Over the past decade, Wells Fargo’s board, management, and regulators have all failed to fix the company’s internal control weaknesses that caused enormous harm for millions of consumers throughout the country.”
Photo: YouTube
[House Financial Services Committee]
Rep. Waters: “In 2020, this Committee will continue to address the challenges that face Americans and ensure that the economy is fair for everyone.”
Photo: Wikimedia Commons
[Banking &Financial Services\Comminity Reinvestment Act]
Rep. Waters:“The Community Reinvestment Act is a critical law… Any proposed changes to the implementation of the law must not be rushed.”
Photo: Facebook
[Wells Fargo Settlement]
Rep. Waters: “Despite today’s settlement, these hearings and the Committee’s investigation will make clear that the problems at Wells Fargo remain unresolved.”
Photo: Facebook
[Wall Street Corruption\Rep. Maxine Waters]
Rep. Waters: “At a time when prudential regulators should be working to uphold consumer protections, we continue to see a series of deregulatory actions by Trump appointees that benefit Wall Street at the expense of Main Street.”
Photo: Facebook
[Homelessness\HUD 2019 Report]
Rep. Waters: “HUD’s Annual Homeless Assessment Report to Congress only confirms what we already know. There is a devasting homelessness crisis in this country…I have consistently prioritized this issue by convening hearings in Los Angeles and Washington, speaking out against this dysfunctional and corrupt Administration’s heartless approach to homelessness.”
Photo: Facebook
[Housing Discrimination\HUD]
Congresswoman Maxine Waters: “Last year, our nation experienced an 8 percent uptick in reported complaints of housing discrimination, increasing from 28,843 in 2017 to 31,202 in 2018—the highest annual number ever recorded by the National Fair Housing Alliance.”
Photo: Wikimedia Commons
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