Ranking Member Waters Opening Statement at full Committee hearing with prudential regulators

Financial Services: House Committee · June 4, 2026

0:00/4m

4:11

0:00

1:00

2:00

3:00

4:00

Opening remarks: affordability, deregulation, and consumer protection

PresentationDiscussion

0:00 → 4:11(4m 11s)

Committee member opened the session by blaming what they described as President Trumps "reckless and unlawful war in Iran" and a broad deregulatory agenda for higher costs to Americans, saying the war has added about $450 per person at the gas pump and that in parts of their district gas approaches $7 a gallon. The speaker cited a report they said found that attacks on the Consumer Financial Protection Bureau cost Americans nearly $19 billion in a year, alleged a surge in consumer complaints about predatory lending, and accused prudential regulators of weakening capital and stress tests, loos

Keywords:

Speakers:

At a House Financial Services committee session opening, a committee member delivered remarks blaming the Trump administration's foreign policy and deregulatory agenda for rising costs faced by households, cited figures on higher gas prices and consumer costs, and urged the committee and president to prioritize affordability and stronger consumer protections.

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

No transcript available.