If Rep. Maxine Waters (D-CA) inherits the chairmanship of the House Financial Services Committee as expected considering her years of devotion and commitment to the panel -- particularly her role as ranking member -- HUD Secretary Ben Carson and his effort to unravel department policy rules will be her principal objective. House and HUD sources say Waters has had it in for Carson from day one of his administration of the department over his efforts to dismantle the Obama administration’s initiative to reinforce the 1968 Fair Housing Act by strengthening its enforcement powers. Sources say Waters considers Carson a traitor to government social initiatives increasingly bolstered through the years to help minorities, a position said to be actively shared by members of the Congressional Progressive Caucus and Congressional Black Caucus. Both groups have enough clout to help rein in Trump administration social schemes, and both fully support Waters’ efforts. Focus On HUD There had been Beltway scuttlebutt about attempts to derail Waters’ quest for the Financial Services chairmanship, primarily crafted by the banking industry concerned she would try to reestablish aspects of the Wall Street Reform & Consumer Protection Act of 2010, which i [...]
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11/9/18 6:50 PM