Posted on 11/29/2018 3:17:47 PM PST by jazusamo
The banking and financial sectors are anxiously bracing for firebrand California Rep. Maxine Waters to claim the chairmanship of the House Financial Services Committee, unsure of what her leadership on the key panel will mean.
Waters, a frequent and vocal critic of President Trump and his administration, is seen as one of Wall Street’s biggest adversaries in Congress thanks in large part to her calls for stricter rules on the nation’s biggest banks and opposition to moves from the White House to roll back financial regulations implemented during the last recession.
She has toned down her rhetoric since the midterm elections but has also called for more oversight, creating somewhat of a guessing game as to what she'll have in store for the industry when Democrats take control of the House in January.
“I don’t know what Chairwoman Waters will be thinking,” Richard Hunt, president of the banking industry trade group the Consumer Bankers Association, told Fox News. “We’re prepared to defend the good work that we’re doing but we’re also willing to work with Chairwoman Waters to make sure we get smart, well-balanced policy.”
Time running out for House GOP to wrap up agendaVideo While the country’s major banks have expressed their willingness to work with Waters, they are all preparing for a very different House Financial Services Committee than the one currently being headed by Rep. Jeb Hensarling, R-Texas.
Since the midterm elections, Waters has made clear that one of her priorities will be putting a halt to the Trump administration and Republicans’ moves to deregulate the banking industry.
(Excerpt) Read more at foxnews.com ...
The system is broken.
Can’t decide which would be worse - her on financial or INTELLIGENCE matters... Ought to have a little bit of knowledge (or possession) of both, I think!
Surely the Republican led Senate can counteract anything mad maxine throws at the banks......please God, let that be so. Our nation’s economy cannot survive this communist’s attempted slaughter of the banking/finance industries.
Fortunately her impact won’t be felt beyond her committee room since she will never get any hair brained legislation through the Senate or past Trump’s desk.
No doubt the mad demon will be working very hard to
destroy any economic progress in the name of socialist
equality.
If we all can’t be rich, we can certainly all be made poor.
Note: This does not apply to democrat politicians.
(Who all some how seem to enter politics as poor,
but leave as wealthy power brokers!”.
She told big oil she wanted to nationalize them like a good Communist despot.
The Voting system...
She’ll spout nonsense for a while, accept the HUGE “contribution” and launch into Trump big time.
I suspect they WILL be giving contributions or find themselves at the mercy of the House Financial Services Committee.
You see,,,, Maxine isn't stupid. As chairman of the HFSC she would be in a position to shake-down organizations with A LOT OF MONEY, and completely get away with it.
She knows when her bank account is increasing. Give her two years and her finances will be doing great.
“The contributions will probably go up. Sort of like paying tribute to the volcano god hoping it will hold back the impending eruption.”
Let’s just call it blackmail.
DNC: “Nice financial sector you have there, be a shame for anything to happen to it...”
No country should allow this horrid nincompoop to be in charge of anything. Come on America, this is unacceptable!
I disagree with the last part. The plan is for her to use the Financial Committee to pressure everyone in the financial industry to 'launch into Trump big time'.
An old, corrupt, stupid, black woman that doesn’t have enough brains to run a roadside lemonade stand is going to chair the congressional finance committee??? Only in America....LMAO. The world has gotta be laughing their azzes off at the USA. She should have been behind bars years ago.
I'd vote to allow her to be in charge of cleaning up poop... that the 'caravan' left on it's journey from Central America to the Mexican border.
I think they will line up to kiss her sorry ass.
Everything depends on what others feed her, especially vthrough her staff. She’s not an idea generator on her own. She’s more of a regurgitator.
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