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Tag Archives: House Financial Services Committee

Maxine Waters Opposes Proposal to Alter Fair Housing Act

The Chairwoman of the House Financial Services Committee said the Department of Housing and Urban Development’s ability to carry out its mission would be “seriously compromised” if it moves forward with the proposed changes to the disparate impact standard.

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Waters: FHA ‘Acted in Haste’ on Distressed Assets Program

Maxine Waters, Congresswoman and Chairwoman of the House Financial Services Committee,  said the Federal Housing Administration (FHA) “acted in haste” in its creation of the Distressed Asset Stabilization Program (DASP), according to a statement from the Committee.  The Committee said ...

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Powell Signals Rate Cuts in the Cards

Fed Rate

During his semi-annual testimony to the House Financial Services Committee, Fed Chair Jerome Powell addressed questions on the economy, the monetary policy, and the Fed’s stance on rate cuts. Here’s what he had to say.

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