maxine waters

Treasury Secretary Tim Geithner, who’s testifying this morning before the House Financial Services Committee on legislation empowering the White House to take over Wall Street firms when their failure threatens the finance system on the whole, just made a curious claim. Asked by Rep. Maxine Waters (D-Calif.) whether the legislation grants the White House the [...]

Here’s a fascinating exchange between Rep. Maxine Waters (D-Calif.), chairman of the House Financial Services subpanel on housing, and Mary Coffin, executive vice president of Wells Fargo’s mortgage servicing division, during yesterday’s hearing to examine how effectively the administration’s voluntary mortgage modification program is preventing foreclosures. (Not very, it turns out.) The [...]

The Washington, D.C. tea party is underway! Several hundred intrepid protesters turned out in the rain to voice their opposition to taxes, bailouts, the Obama administration, the Federal Reserve and a slew of other political issues. TWI’s Dave Weigel will have full coverage of the event later this afternoon, but for now, enjoy a few [...]

Via Glenn Thrush at Politico, Rep. Maxine Waters (D-Calif.) is lashing out at recent reports revealing a bailout meeting she facilitated between Treasury Department officials and a minority-owned bank, in which her husband was a former board member and owned hundreds of thousands of dollars in stock.
The reports, Waters said, “suggest that somehow I have [...]

Here’s Rep. Maxine Waters (D-Calif.) last week criticizing the banks — and the lawmakers beholden to the banks — after controversial changes were made to a House housing bill: “These guys rule this place,” she said of the finance industry, according to The Associated Press.
And here’s The New York Times reporting this morning that the [...]