[U.S. Rep. Maxine] Waters also said in her speech Wednesday that banks and financial institutions will be “shaking in their boots” if Democrats win back the House of Representatives and she becomes chairwoman of the Financial Services Committee.
“Barney Frank is about to retire and guess who is shaking in their boots? The too-big-to-fail banks and financial institutions and all of Wall Street, because Maxine Waters is going to be the next chair of the Financial Services Committee,” she said.
Citizens for Responsibility and Ethics in Washington recently named Waters among Congress’ most corrupt members.
In the midst of a national financial catastrophe, Waters used her position as a senior member of Congress and member of the House Financial Services Committee to prevail upon Treasury officials to meet with OneUnited Bank. She never disclosed that her husband held stock in the bank.