Politics Maxine Waters

  • June 24- Federal Reserve Chairman Jerome Powell will give his twice-yearly testimony on monetary policy and the state of the economy before the financial services committee in the House of Representatives on July 10, at 10 a.m. eastern time. The committee's chairwoman, Maxine Waters, announced the hearing in an email distributed on Monday.

  • WASHINGTON, June 20- The U.S. government should consider forcing Facebook Inc to freeze work on its new cryptocurrency project, a senior U.S. lawmaker said on Thursday. Representative Maxine Waters, who chairs the House of Representative Financial Services Committee, said in a CNBC interview the government needs to study cryptocurrencies and Facebook's...

  • Facebook CEO Mark Zuckerberg (C) leaves the office of Sen. Dianne Feinstein (D-CA) after meeting on Capitol Hill on April 9, 2018 in Washington, DC.

    Facebook's plans to create a global cryptocurrency will face scrutiny from the U.S. Senate Banking Committee on July 16, the latest sign that policymakers around the globe are casting a wary eye on the project.

  • Rep. Patrick McHenry, a Republican of North Carolina and ranking member of the House Financial Services Committee, speaks during a hearing in Washington, D.C.

    Rep. Patrick McHenry has questions about Facebook's plan for a cryptocurrency, and he isn't alone.

  • WASHINGTON, June 19- Facebook Inc's plans to create a global cryptocurrency will face scrutiny from the U.S. Senate Banking Committee on July 16, the latest sign that policymakers around the globe are casting a wary eye on the project. David Marcus, who oversees Facebook's blockchain efforts, is expected to testify, according to a source in Washington familiar...

  • WASHINGTON, June 19- The U.S. Senate Banking Committee will discuss Facebook Inc's proposed cryptocurrency at a July 16 hearing, the panel announced Wednesday. Representative Maxine Waters, the Democrat who chairs the House Financial Services Committee, said Tuesday she planned to similarly call Facebook to testify, and asked the company to halt the project...

  • *Facebook unveils plans for digital coin called Libra. SAN FRANCISCO/ NEW YORK, June 18- Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns. The social networking giant has linked with 28 partners including Mastercard,...

  • WASHINGTON, June 18- A leading U.S. House lawmaker on Tuesday called on Facebook Inc to halt development on its new cryptocurrency and for company executives to testify before Congress, adding to global concerns about what the digital currency could mean for data privacy and security. Maxine Waters, who chairs the House Financial Services Committee, said...

  • WASHINGTON, June 18- A leading U.S. House lawmaker on Tuesday called on Facebook Inc to halt development on its new cryptocurrency and for company executives to testify before Congress, adding to global concerns about what the digital currency could mean for data privacy and security. Maxine Waters, who chairs the House Financial Services Committee, said...

  • WASHINGTON, June 18- U.S. House Financial Services Committee Chairwoman Maxine Waters said Tuesday that Facebook Inc should halt development of its announced cryptocurrency until Congress and regulators conduct a review. In a statement, Waters also said Facebook executives should testify before Congress about the product, dubbed Libra, saying the company...

  • WASHINGTON, June 18- Both Republican and Democratic U.S. lawmakers joined policymakers across the globe who are concerned what Facebook Inc's decision to launch its own cryptocurrency could mean for data privacy and security. Representative Patrick McHenry, the senior Republican on the House Financial Services Committee, wrote a letter Tuesday to...

  • U.S. HOUSE BANKING CHAIRWOMAN MAXINE WATERS ASKS FACEBOOK TO HALT DEVELOPMENT OF NEW CRYPTOCURRENCY UNTIL CONGRESS AND REGULATORS CAN REVIEW IT.

  • WASHINGTON, June 18- A senior Republican lawmaker wants Congress to promptly examine Facebook Inc's decision to launch its own cryptocurrency. Representative Patrick McHenry, the senior Republican on the House Financial Services Committee, wrote a letter Tuesday to committee Chairwoman Maxine Waters, a Democrat, calling for a hearing on the initiative,...

  • President Donald Trump, three of his children and the Trump Organization on Wednesday lost their bid to block Deutsche Bank AG and Capital One Financial Corp from providing financial records to Democratic lawmakers investigating Trump's businesses. District Judge Edgardo Ramos in New York said Congress has the legal authority to demand the records,...

  • NEW YORK, May 22- U.S. President Donald Trump, three of his children and the Trump Organization on Wednesday lost their bid to block Deutsche Bank AG and Capital One Financial Corp from providing financial records to Democratic lawmakers investigating Trump's businesses. District Judge Edgardo Ramos in New York said that Congress has the legal authority to...

  • President Donald Trump, three of his children and the Trump Organization on Wednesday lost their bid to block Deutsche Bank AG and Capital One Financial Corp from providing financial records to Democratic lawmakers investigating Trump's businesses. District Judge Edgardo Ramos ruled at a court hearing in New York that Congress has the legal authority to...

  • President Donald Trump, three of his children and the Trump Organization will demand in court on Wednesday that a judge stop Deutsche Bank AG and Capital One Financial Corp from providing financial records to Democratic lawmakers investigating Trump's businesses. In March, before issuing a subpoena, Democratic lawmakers asked Capital One for documents...

  • NEW YORK, May 8- A lawyer for Donald Trump said committees controlled by House Democrats have agreed to provide "substantial portions" of subpoenas issued to Deutsche Bank AG and Capital One Financial Corp for the president's financial records. Those committees are the House Financial Services Committee, chaired by Representative Maxine Waters of...

  • NEW YORK, May 8- A lawyer for Donald Trump said committees controlled by House Democrats have agreed to provide "substantial portions" of subpoenas issued to Deutsche Bank AG and Capital One Financial Corp for the president's financial records. Those committees are the House Financial Services Committee, chaired by Representative Maxine Waters of...

  • NEW YORK, May 3- Two committees of the Democrat-controlled U.S. House of Representatives on Friday asked to intervene in a lawsuit filed by President Donald Trump, his three oldest children and the Trump Organization seeking to block House subpoenas seeking financial records from Deutsche Bank AG and Capital One Financial Corp.. In a filing in Manhattan...