Rep. Maxine Waters said banks "Are a little bit worried that the Republicans will not perhaps be in charge" heading into today's vote, as Democrats taking back the House majority would likely mean she would be in charge of the House Financial Services Committee.
The most senior Republican on the panel after Hensarling is Rep. Peter King."This is America. We solve our political differences at the ballot box," Hensarling said after package bombs were sent to select targets late last month, including to Waters.
A priority under Hensarling's leadership has been dialing back the Dodd-Frank Wall Street Reform and Consumer Protection Act; it was partially repealed with dozens of exemptions issued to U.S. banks through a bill passed by the House in May and signed into law.
Waters told MSNBC on Monday evening that she would have her own priorities if she led the committee, including reforms that support Dodd-Frank.
"The banks, the big banks, the small banks, we have the insurance companies, we have all of HUD, we have the International Monetary Fund, we have to deal with some issues that have not been dealt with properly for a long time. We've got to deal with the National Flood Insurance Program. We've got to deal with the EXIM Bank. And so it is an important committee," Waters said.
"So, we have all of those financial services issues, and there is a lot of work to do. And I'm hopeful that certainly we will take back the House and that my colleagues will see fit to support me to chair that committee."
Waters said that as Democrats have tried "To bring about some fairness and some justice with these financial services companies... they see that the Republicans are certainly more friendly to them, and certainly more supportive of their ability to continue the way they have continued historically."
https://pjmedia.com/news-and-politics/waters-outlines-agenda-should-she-take-control-of-powerful-financial-services-committee/
The most senior Republican on the panel after Hensarling is Rep. Peter King."This is America. We solve our political differences at the ballot box," Hensarling said after package bombs were sent to select targets late last month, including to Waters.
A priority under Hensarling's leadership has been dialing back the Dodd-Frank Wall Street Reform and Consumer Protection Act; it was partially repealed with dozens of exemptions issued to U.S. banks through a bill passed by the House in May and signed into law.
Waters told MSNBC on Monday evening that she would have her own priorities if she led the committee, including reforms that support Dodd-Frank.
"The banks, the big banks, the small banks, we have the insurance companies, we have all of HUD, we have the International Monetary Fund, we have to deal with some issues that have not been dealt with properly for a long time. We've got to deal with the National Flood Insurance Program. We've got to deal with the EXIM Bank. And so it is an important committee," Waters said.
"So, we have all of those financial services issues, and there is a lot of work to do. And I'm hopeful that certainly we will take back the House and that my colleagues will see fit to support me to chair that committee."
Waters said that as Democrats have tried "To bring about some fairness and some justice with these financial services companies... they see that the Republicans are certainly more friendly to them, and certainly more supportive of their ability to continue the way they have continued historically."
https://pjmedia.com/news-and-politics/waters-outlines-agenda-should-she-take-control-of-powerful-financial-services-committee/
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