2/04/2026-Ranking Member Waters' Remarks During a Committee Hearing On the Annual Report of FSOC

House Financial Services Committee · February 4, 2026

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Opening criticism of administration's economic record

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Unidentified Speaker opened by saying consumer confidence has fallen to a 12-year low since the president returned to office and argued this decline reflects administration policy rather than coincidence.

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Speakers:Unidentified Speaker

An unidentified member of the House Financial Services Committee delivered a floor statement criticizing the Trump administration for rolling back consumer protections, citing agency changes at the CFPB and FSOC, alleged political interference with the Federal Reserve, and claims about FHA leadership and housing policy.

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Transcript

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