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Financial industry braces for Maxine Waters’ ascent on key committee
Fox News ^ | November 29, 2018 | Andrew O'Reilly

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 ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: banks; chairperson; housefinancecom; madmaxine; maxinewaters; ushouse
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To: jazusamo

“firebrand California Rep. Maxine Waters to claim the chairmanship of the House Financial Services Committee”

How much will this racist curruptocrat’s old man make on financial deals this time around?


41 posted on 11/29/2018 4:35:14 PM PST by SharpRightTurn (Chuck Schumer--giving pond scum everywhere a bad name.)
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To: jazusamo; All
Patriots are probably not going to hear this from FN, but regarding the so-called House Financial Services Committee, please consider the following.

Regardless what FDR's state sovereignty-ignoring activist justices wanted everybody to think about the scope of Congress's Commerce Clause power when it scandalously decided Wickard v. Filburn, 1942 in Congress's favor imo, please consider this.

Thomas Jefferson, previous generations of state sovereignty-respecting Supreme Court justices, and a constitutional lawmaker, had clarified that the states have never expressly constitutionally delegated to the feds the specific power to regulate most (all?) of what the Financial Services Committee now oversees imo.

"From the accepted doctrine that the United States is a government of delegated powers, it follows that those not expressly granted, or reasonably to be implied from such as are conferred, are reserved to the states, or to the people. To forestall any suggestion to the contrary, the Tenth Amendment was adopted. The same proposition, otherwise stated, is that powers not granted are prohibited [emphasis added].” —United States v. Butler, 1936.

Here's some examples of 10th Amendment (10A)-protected state powers that the corrupt, post-17th Amendment ratification feds have stolen from the states, and which the Financial Services Committee is now exercising.


42 posted on 11/29/2018 4:36:46 PM PST by Amendment10
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To: jazusamo

This FN dope who knows nothing about anything is going to control the finance industry in this country, what the hell is wrong with us?


43 posted on 11/29/2018 4:45:24 PM PST by ronnie raygun
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To: SharpRightTurn

In my view her old man could/will make plenty.


44 posted on 11/29/2018 4:45:45 PM PST by jazusamo (Have You Donated to Keep Free Republic Up and Running?)
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To: 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.

How many contributed to, supported and voted for democrats?

Those that did played a part in handing the committee Chair to Maxie Waters by helping to put democrats in the majority.

45 posted on 11/29/2018 5:02:29 PM PST by Iron Munro (Some things are so stupid and idiotic only a liberal could believe them.)
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To: JohnBrowdie

“her constituents are already f**cked, so that won’t change.”
They don’t think they’re f*cked. They’re livin’ good. So long as they get their walking around money, they’re good. Mad Max and the rest of the black democrats have their people convinced that if they stray off their plantations,evil, racist white republicans are going to take it all away.
This is how Mad Max and the rest of their “Caucus” operate.
You know who wouldn’t have tolerated this crew?

Malcom X


46 posted on 11/29/2018 5:21:40 PM PST by Stormdog (A rifle transforms one from subject to Citizen)
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To: jazusamo
Think Pigford Settlement on steroids.
47 posted on 11/29/2018 5:52:06 PM PST by vetvetdoug
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To: jazusamo

Low IQ Maxine is going to prove just how stupid she really is......there will be one mismanaged financial disaster after another under her brain-deprived chairmanship.....


48 posted on 11/29/2018 5:56:42 PM PST by Trump_vs_Evil_Witch (Meuller, Rosenstein,....co-conspirators to Obstruct Justice over Uranium One)
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To: jazusamo

Translation.. ee are paying her directly. Cronyism.


49 posted on 11/29/2018 6:31:18 PM PST by momincombatboots (How many vetoed spending dollars with chuck n Nancy without wall funding?)
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To: onona
WTH can she do ?

Nothing (except flap her big mouth in support of Marxist doctrine) as long as the Senate and WH remain in American hands...

50 posted on 11/29/2018 7:12:51 PM PST by SuperLuminal (Where is another agitator for republicanism like Sam Adams when we need him?)
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To: SuperLuminal

Thanks.


51 posted on 11/29/2018 9:03:16 PM PST by onona (It is often wise to allow a person a graceful path.)
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To: jazusamo

“Chairwoman”! Gasp! What sexist language! Don’t they know that she is actually a “Chair”? How dare they not engage in genderspeak! Men and women no longer exist, you know. Just humanoid units. And it should be obvious to all that Mad Max is clearly just a piece of furniture! Something to be sat on! A place to rest your butt. Just a chair. You can’t be a good a Democrat and think otherwise.


52 posted on 11/29/2018 9:25:06 PM PST by MrChips ("To wisdom belongs the apprehension of eternal things." - St. Augustin, and I have never heard Booc)
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To: mabarker1

Exactly. We made a big mistake in giving voting rights to people who are too stupid, or lazy, or both, to actually contribute something positive to society. When they realized they could get more and more free stuff simply by voting for pimps, we were doomed.


53 posted on 11/30/2018 6:54:40 AM PST by LouAvul (The most High ruleth in the kingdom of men, and giveth it to whomsoever he will.)
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