Monday, November 28, 2011

What could possibly be worse?

What could possibly be worse than having Barney Frank as senior democrat and potential chair of the House Financial Services Committee? 
Maxine Waters in line to take over from Frank on Financial Services

Wall Street executives are bracing for the possibility that Rep. Maxine Waters (D-Calif.) will take over as the senior Democrat on the House Financial Services Committee after Rep. Barney Frank (D-Mass.) retires.
Waters is in line for Frank’s spot and could become chairwoman of the panel if Democrats retake the House. Frank announced Monday that he will not seek another term in the House.
The California liberal is considered left of Frank, an architect of 2010’s Wall Street reform bill, on financial issues.

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