U.S. Representative Maxine Waters (D-CA-43) and U.S. Senator Dick Durbin (D-IL) and have reintroduced bicameral legislation designed to strengthen students’ ability to hold for-profit colleges accountable in court for their misconduct.
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Waters, Durbin Reintroduce Bill to Give Students Defrauded by For-Profit Colleges Their Day in Court

NNPA NEWSWIRE — The Court Legal Access & Student Support (CLASS) Act prohibits any school receiving Title IV student aid funding from placing restrictions on students’ ability to pursue legal claims, individually or with others, against higher education institutions in court. […read more]

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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]

Julianne Malveaux is an author and economist. Her latest book “Are We Better Off? Race, Obama and Public Policy” is available via www.amazon.com for booking, wholesale inquiries or for more info visitwww.juliannemalveaux.com
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COMMENTARY: Don’t Mess with Max: Mnuchin Madness

NNPA NEWSWIRE — Mnuchin is really above his Peter Principle as Treasury Secretary in any administration but 45’s. And those birds of a feather stick together because they share values and shady self-serving morals. Mr. Mnuchin boldly requested government planes to facilitate his honeymoon, is taking his cues from the man who has turned the Presidency into a profit center, operating government on a “pay-to-play” basis with possibly Russians, Saudis and who knows who else. […read more]

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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Chairwoman Waters Introduces Bill to End Homelessness in America

NNPA NEWSWIRE — “In the richest country in the world, it is simply unacceptable that we have people living in the streets,” said Chairwoman Waters. “Today, there are over a half million people experiencing homelessness nationwide. Nearly 160,000 of them are children and nearly 38,000 are veterans who we have failed to support after their service to our nation.” […read more]

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 Statement on the New Zealand Terror Attack

NNPA NEWSWIRE — “I am deeply disturbed and saddened by the horrific and hate-filled terrorist attacks that took place in two mosques in Christchurch, New Zealand, which killed 49 people and seriously injured 20 people. This merciless shooting targeted innocent Muslim worshipers during Friday prayers. My heart goes out to all of the victims, their families, and the Muslim community in New Zealand as they recover from this senseless act of violence. […read more]

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 Pens Open Letter to CFPB Employees

NNPA NEWSWIRE — “Let me assure you that actions to weaken the Consumer Bureau from within as Director Mulvaney attempted to do will not go unchecked or unnoticed. As Chairwoman of the House Financial Services Committee, I will fight against any and all efforts to weaken the Consumer Bureau and make sure that your important work to protect consumers, as Congress intended, can continue.” […read more]

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]

The fiery and bold Black lawmaker who earned a reputation for challenging Wall Street and major lenders during the housing crisis will now set the direction for a range of financial players, regulators, and institutions.
Black History

COMMENTARY: California Congresswoman Maxine Waters Makes History

NNPA NEWSWIRE — Congresswoman Maxine Waters is now the first Black and the first woman to chair the powerful House Financial Services Committee. Having served on this committee since 1995, and its Ranking Member in the previous Congress, Waters will set the committee’s agenda in key areas affecting the economy, banking, housing, insurance and securities. […read more]

“I am utterly disgusted by the evidence of voter fraud in the 2018 midterm elections in North Carolina’s 9th Congressional District.” — Rep. Maxine Waters (D-CA43)
Commentary

Rep. Maxine Waters Statement on Republican Voter Fraud in North Carolina

NNPA NEWSWIRE — “…we are witnessing Republican-led efforts to suppress the votes of Americans in minority communities by passing strict voter identification laws in Pennsylvania, Arkansas, Wisconsin, and North Carolina; closing down 868 polling places from Arizona to North Carolina; thwarting early voting in Indiana, Florida, Nebraska, and Ohio; and creating a so-called exact match policy that disqualified voters if their names did not precisely match records because of typos, missing hyphens, or clerical errors in Georgia.” […read more]