More crooks in power position on the House Financial Services Committee. Maxine “Socialism is my Goal” Waters is the ethics-lacking Democrats who steered TARP funds to a bank where her husband worked and in which they had major investments. Now this fraud is in a leadership position to steer more money to her constituents on the backs of taxpayers.
From The Hill:
Rep. Maxine Waters (D-Calif.) has been officially named the top Democrat on the House Financial Services Committee.
The outspoken liberal vowed Tuesday to protect the Dodd-Frank financial reform law from GOP attempts to dismantle it, while pursuing reform of housing finance with the new chairman, Rep. Jeb Hensarling (R-Texas).
While Waters and Hensarling rarely see eye to eye on policy, she said in a statement she hoped to “reconcile our visions” at the top of the banking panel. But she gave little indication she was willing to consider changes to the Dodd-Frank financial reform law, which Hensarling has harshly critiqued.
“I look forward to working with my colleagues to protect, defend and implement the important provisions of Dodd-Frank, which will continue to strengthen our financial system,” she said. “I understand that regulatory certainty is an important aspect of growing our economy, and remain committed to ensuring clear and transparent regulation which creates the space for innovation, safety and soundness.”
Democrats meddling in the housing market is what cause the financial & housing crisis in 2008. Now they want to continue demanding banks to give those who are not credit worthy subprime loans (think Bill Clinton and Cuoma).
A longtime housing advocate, Waters also made clear that housing reform would be at the top of her agenda in the 113th Congress.
“Housing finance reform, in particular, will be crucial to ensuring the long-term success and stability of our economy. I believe we need a financial system that facilitates economic opportunity and wealth creation for all, and I stand ready to work with my colleagues towards that goal,” she said.