Rep. Maxine Waters may take over as top Democrat on the House Financial Services Committee after the retirement of Rep. Barney Frank. It doesn't get anymore bat sh*t crazy than her.
Wall Street executives are bracing for the possibility that Rep. Maxine Waters will take over as the top Democrat on the House Financial Services Committee after Rep. Barney Frank (D-Mass.) retires.
Waters, an outspoken California liberal who is considered to the left of Frank on financial and housing issues, suggested in a statement Monday that she is laying the groundwork to become the senior Democrat on the panel.
“As the next most senior member of the committee, the current ranking member on the Capital Markets subcommittee and the former chair of the Housing and Community Opportunity subcommittee, I hope to use my experience to continue and expand his work in the committee,” Waters said.