Opinion
Maxine Waters means nightmares for Wall Street, suburbs
By Betsy McCaughey
January 22, 2019 | 7:29pm | Updated
There’s trouble ahead for banks, Wall Street and upscale suburbs — not to mention President Trump. Elections have consequences, and November’s midterms put the firebrand Rep. Maxine Waters of California in charge of the House Financial Services Committee.
That gives her power over banking, the securities and insurance industries and the Department of Housing and Urban Development.
Egging her on to pursue a far-left agenda will be new committee members like socialist Alexandria Ocasio-Cortez of New York, “motherf - - -erâ€-shouting Rashida Tlaib of Michigan and Liz Warren acolyte Katie Porter of California.
Waters has it in for banks. She blames them for the 2 million loans to low-income borrowers that went sour more than a decade ago, causing widespread foreclosures and the 2008 financial meltdown.
“I have not forgotten,†she warned bankers as she prepared for her powerful new role, that “you foreclosed on our houses . . . had us sign on the line for junk and for mess that we could not afford.†She added: “I’m going to do to you what you did to us.â€
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https://nypost.com/2019/01/22/maxine-waters-means-nightmares-for-wall-street-suburbs/