Maxine Waters in line to take over from Frank on Financial Services

[babylonsister]

Maxine Waters in line to take over from Frank on Financial Services
By Peter Schroeder - 11/28/11 12:29 PM ET


Wall Street executives are bracing for the possibility that Rep. Maxine Waters (D-Calif.) will take over as the senior Democrat on the House Financial Services Committee after Rep. Barney Frank (D-Mass.) retires.

Waters is in line for Frank’s spot and could become chairwoman of the panel if Democrats retake the House. Frank announced Monday that he will not seek another term in the House.

The California liberal is considered left of Frank, an architect of 2010’s Wall Street reform bill, on financial issues.

While banks and other financial institutions often battled Frank, he was seen as someone they could work with. Wall Street views Waters as more of an opponent.

“She's not a good face of the issues,” one financial executive said. “She's too much of a bomb thrower.”

more...

http://thehill.com/blogs/on-the-money/banking-financial-institutions/195645-maxine-waters-in-line-to-take-over-from-frank-on-financial-services

[BeyondGeography]

1. Oh, great

http://www.crewsmostcorrupt.org/mostcorrupt/entry/maxine-waters

[Pirate Smile]

2. Ugh.

[banned from Kos]

3. potential disaster - it should be Brad Sherman

Waters also has ethics issues since she tried to steer TARP money to her husband's bank.

[_eh]

4. WHEA

Wingnut Head Explosion Alert!

[The Last Blue Dog]

5. 1. "She later enrolled at Los Angeles State College, and graduated with a sociology degree in 1970."

2. Waters was charged by the House's subcommittee on ethics with violations of the House's ethics rules in 2010.<1><2><3><4> An ethics trial she was expected to face in the fall of 2010<4> was successfully impeded by House Democrats, most notably Rep. Zoe Lofgren, chair of the House Ethics Committee.<5> http://en.wikipedia.org/wiki/Maxine_Waters

1. Indicates that she is not qualified to for the position; however,

2. Indicates that she is eminently qualified by Congressional standards.

[Vincardog]

6. GOOD we need more Democrats throwing bombs into the Financial Fraud houses

[banned from Kos]

8. uhhh, Maxine is INTO the fraud, pal.

She had no business telling Treasury to steer TARP to her husband's bank.

[KamaAina]

7. Not to worry.

The Blue Dog types will find a way to swindle her out of it, just like they did with Pete Stark. :eyes:

[99th_Monkey]

9. EEEeek!! she's a "bomb-thrower" RW hysterical nonsense. nt