Rep. Maxine Waters News

Insurers Praise House Approval of Systemic Risk Reform Bill

The House of Representatives took a step toward changing the Dodd-Frank financial regulation law by passing a measure that requires that a systemic risk designation be based on more than a financial institution’s size. The House vote was heralded by …

Bipartisan Deal Reached to Delay Flood Insurance Premium Hikes: Waters

Key House and Senate members have reached a bipartisan deal to delay changes to the federal flood insurance program that are raising premiums for many homeowners. The bill would require regulators to address affordability of the coverage before implementing rate …

Rep. Waters, Author of Flood Reform Act, Calls for Delay in Implementation

A Congresswomen whose name adorns the now-controversial federal flood insurance reform bill passed in 2012 says she wants the law changed to deal with “unintended consequences” including big premium hikes for some homeowners. Rep. Maxine Waters, (D.-Calif.), co-author along with …