Maxine Waters Tapped To Lead Dems On House Financial Panel

Law360, New York (December 4, 2012, 9:52 PM EST) -- The U.S. House of Representatives' Democratic caucus on Tuesday unanimously elected Rep. Maxine Waters, D-Calif., as the ranking member of the House Financial Services Committee, replacing Rep. Barney Frank, D-Mass., who will retire at the end of the year.

Waters, a longtime critic of Wall Street banks, pledged to defend and implement important provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act. She said regulatory certainty was necessary to improve the economy and that she would work toward developing “clear and transparent” regulations that...
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