Read below for 10 tough questions Committee Democrats asked the CEOs to answer during the hearing.
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ICYMI: At Hearing with Megabank CEOs, Committee Democrats Ask Hard-Hitting Questions

NNPA NEWSWIRE — WASHINGTON – Yesterday, at a hearing entitled, “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis,” Committee Democrats asked the Chief Executive Officers (CEOs) of seven of the nation’s largest financial institutions tough questions on behalf of hardworking consumers. […read more]

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The letter was signed by House Committee on Financial Services Chairwoman Maxine Waters, Judiciary Committee Chairman Jerrold Nadler, Committee on Oversight and Reform Chairman Elijah E. Cummings, Permanent Select Committee on Intelligence Chairman Adam B. Schiff, Committee on Ways and Means Chairman Richard E. Neal and Committee on Foreign Affairs Chairman Eliot L. Engel.
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Congresswoman Maxine Waters Holding Credit Bureaus Accountable and Repairing a Broken System

NNPA NEWSWIRE — “…To make matters worse, all three of the major consumer credit reporting bureaus have used this breach of consumer data and consumer trust to sell products they are marketing as identity theft protection. It certainly appears they are capitalizing on consumers’ fear and desperation, despite the fact that there are many free tools that consumers can use to protect their credit.” […read more]

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congressman Emanuel Cleaver (D-MO), Chair of the Subcommittee on National Security, International Development, and Monetary Policy
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Waters and Cleaver Express Concerns About Nomination of David Malpass to Lead World Bank

NNPA NEWSWIRE — “It’s difficult to believe that any serious effort to find a qualified candidate with a compelling vision for the mission of the World Bank and a belief in the legitimacy of international development finance would lead to the nomination of Treasury Undersecretary for International Affairs David Malpass,” said Chairwoman Waters. […read more]