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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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we’re also willing to work with Chairwoman Waters to make sure we get smart, well-balanced policy.”

Good luck with that, she's not only corrupt but her mouth is larger than her brain.

1 posted on 11/29/2018 3:17:47 PM PST by jazusamo
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To: jazusamo

I suspect the financial execs won’t be giving contributions to the Dems in 2020.


2 posted on 11/29/2018 3:20:37 PM PST by Brilliant
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To: jazusamo

Haha...can’t wait till the perfumed princes of Wall St. are summoned to answer Mad Maxine’s foolish questions. Serves them right for backing the Democrats in every election.


3 posted on 11/29/2018 3:22:35 PM PST by txrefugee
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To: jazusamo

As long as those campaign contributions keep coming to the right people, Waters’ threats are just kabuki theater.
What’s the terminology for that?


4 posted on 11/29/2018 3:22:41 PM PST by griswold3 (Just another unlicensed nonconformist in a dangerous Liberal world.)
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To: jazusamo

I suspect the Consumer Bankers Association is an eager seller. We know Waters is an eager buyer.


5 posted on 11/29/2018 3:23:00 PM PST by Jacquerie (ArticleVBlog.com)
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To: jazusamo

Guessing with her math skills she can make some good $$$ cutting quiet side deals.


6 posted on 11/29/2018 3:23:00 PM PST by jcon40 (The other post before yours really nails it for me. I have been a DOithS / PC guy forever and alway)
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To: jazusamo

Utterly amazing how this incredibly stupid person can be chair of ANY financial services committee.

I wouldn’t put her in charge of cleaning a sh**house.


7 posted on 11/29/2018 3:23:45 PM PST by headstamp 2
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To: jazusamo

Yeah, that’s what Maxine Waters is - a “firebrand”.


8 posted on 11/29/2018 3:25:00 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: jazusamo

Remember when Bawney Fwank was chair of the House Financial Services Committee? He screwed the pooch really really bad then.

Just wait till Mad Maxine get her crooked little hands on this responsibility.

We will really be in deep (Obama) then.


9 posted on 11/29/2018 3:25:40 PM PST by Responsibility2nd
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To: jazusamo

“Good luck with that, she’s not only corrupt but her mouth is larger than her brain.”

Yeah!

She knows she can’t get anything she wants due the Senate in ‘R’ hands, and a President with a well inked VETO pen, so she will probably pursue existing laws to the letter, and with little interest in other than politics.


10 posted on 11/29/2018 3:25:48 PM PST by rockinqsranch (Dems, Libs, Socialists call 'em what you will they all have fairies livin' in their trees.)
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To: jazusamo

here is what is going to change: maxine will be buying a much bigger house after she gets done shaking down all the big banks.

her constituents are already f**cked, so that won’t change.


11 posted on 11/29/2018 3:27:18 PM PST by JohnBrowdie
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To: Responsibility2nd

WTH can she do ?


12 posted on 11/29/2018 3:28:53 PM PST by onona (It is often wise to allow a person a graceful path.)
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To: Brilliant

The contributions will probably go up. Sort of like paying tribute to the volcano god hoping it will hold back the impending eruption.


13 posted on 11/29/2018 3:29:03 PM PST by Dutch Boy
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To: jazusamo
I don't know what they're all worked up about. It's not like the House can actually do anything on their own.

As long as the Senate holds and doesn't go all bipartisan, not much will get to the POTUS' desk, and even less will be signed.

14 posted on 11/29/2018 3:29:21 PM PST by grobdriver (BUILD KATE'S WALL!)
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To: jazusamo

She ha.s no real power She is actually irrelevant because she will first of all be black and then descend to ridiculous.


15 posted on 11/29/2018 3:30:25 PM PST by bert (to them (KE. N.P. N.C. +12) Invade Honduras. Provide a military government)
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To: rockinqsranch
and with little interest in other than politics.

Yep, except for squeezing a few bucks here and there for her and her family, they've got expenses ya know. :)

16 posted on 11/29/2018 3:31:01 PM PST by jazusamo (Have You Donated to Keep Free Republic Up and Running?)
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To: Responsibility2nd; null and void
[We will really be in deep (Obama) then.]

I think we're in pretty deep state of Obama right now.....cough
17 posted on 11/29/2018 3:31:29 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: jazusamo

The dems will try and they have allies in the Senate including RINOs. All that is really standing between the likes of a Maxine Waters and implemented corrupt legislation is Donald J. Trump.


18 posted on 11/29/2018 3:31:39 PM PST by plain talk
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MAGA!

Let's Wrap This Baby Up, Folks!

Please bump the Freepathon or click above to donate or become a monthly donor!

19 posted on 11/29/2018 3:32:54 PM PST by jazusamo (Have You Donated to Keep Free Republic Up and Running?)
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To: jazusamo

LOL. Wall Street donates 90% of their money to Democrats.


20 posted on 11/29/2018 3:34:29 PM PST by Kozak (DIVERSITY+PROXIMITY=CONFLICT)
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