: A New Agenda for Financial Services and Accountability
Please join the Center for American Progress Action Fund for remarks and a conversation with Chairwoman Maxine Waters (D-CA), the new chairwoman of the House Financial Services Committee, as she discusses the committee’s new direction and priorities, as well as the impact of the recent government shutdown on financial markets and American families.
Against the backdrop of stagnant wages for working households but soaring profits for corporations and financial institutions, the new House of Representatives has enormous work to do to unrig an economic and political system where the decks have been stacked against working Americans. Unfortunately, with an administration and independent financial regulators who have been undermining important financial regulatory standards, rolling back consumer protections, gutting civil rights enforcement, and stymying affordable housing opportunities, the latest round of deregulation and upward transfer of wealth will make the challenge even harder. Meanwhile, as the U.S. economy moves toward the end of the business cycle, the risks to working Americans grow even greater.
The House Financial Services Committee is at the center of the new House’s most important economic policy work: affordable housing, access to credit, consumer protection, financial stability, monetary policy, capital markets that work for working Americans, racial equity in credit, small business entrepreneurship, accountability for the Trump administration and independent financial regulators, and more. Join the Center for American Progress Action Fund for an important address and conversation to explore Chairwoman Waters’ and the House Financial Services Committee’s new priorities as well as the impact of the recent government shutdown on financial markets and American families.