Maxine Waters

Rule Changes

Lead House Democratic sponsor

Congress just passed the biggest housing bill in a generation. The Senate cleared it 85-5, the House 358-32 — margins large enough to override a veto. Then, two hours before the signing ceremony at the Capitol, President Trump called it off.

Updated Jun 24

Rule Changes

Co-led final compromise; bill signed into law

President Trump signed the 21st Century ROAD to Housing Act on June 24, 2026, after the Senate passed the final text 85-5 and the House cleared it 358-32 the next day. The law bans large institutional investors from buying additional single-family homes for 15 years.

Updated Jun 24

Rule Changes

Senior Democrat on committee overseeing Treasury

Treasury Secretary Scott Bessent's February 2026 congressional testimony tested norms of Treasury oversight: two days of shouting matches with House Democrats (Maxine Waters asking to 'shut him up,' Gregory Meeks calling him a 'flunky'), followed by heated Senate Banking Committee exchanges where Democratic Senator Jack Reed called his conduct 'childish' and Senator Elizabeth Warren pressed him on whether Fed nominee Kevin Warsh would face investigations if interest rates aren't cut as Trump demands. Bessent refused to clarify, prompting Warren to call the situation 'an even taller steaming pile of corruption.'

Updated May 27

Rule Changes

Co-leading congressional opposition to AML delay

FinCEN just delayed anti-money laundering rules for investment advisers by two years, pushing compliance from January 2026 to January 2028. It's the fourth time since 2002 that federal regulators have tried—and struggled—to close what transparency advocates call a $125 trillion loophole. Sanctioned Russian oligarchs, corrupt foreign officials, and fraudsters exploit it to access U.S. markets.

Updated May 19