Just because she helped secure TARP funds for a bank that her husband was part owner of (even Barney Frank warned her not to do it) shouldn’t disqualify her from serving on the House Financial Services Committee, right?
Via 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.”