
Maxine Waters is poised to take a lead on banking regulation
Democrats won the House, which means one of President Donald Trump’s biggest targets, California Democrat Maxine Waters, is slated to become the chair of the powerful House Financial Services Committee. In the days leading up to the election, Trump warned that Waters — a frequent target of criticism — would be “put in charge of our Country’s finances” if the Democrats won. But while the committee does not have jurisdiction over budgeting (the Office of Management and Budget d