Rep. Maxine Waters Says CFPB Under Attack, More Work to Do on Wells Fargo

The transcript covers Congresswoman Maxine Waters' perspectives on her potential role as chair of the Financial Services Committee. She discusses her focus on consumer protection, particularly through the Consumer Financial Protection Bureau (CFPB), and her plans to investigate financial institutions like Deutsche Bank and Wells Fargo. Waters emphasizes the importance of balancing consumer interests with economic needs and criticizes President Trump's interference with the Federal Reserve. She also addresses the housing crisis and her message to Secretary Carson, concluding with thoughts on Jeff Sessions' resignation.

What steps are involved before the committee assignments are finalized?

What issues does the speaker plan to address regarding big financial institutions?

How did the 2008 financial crisis impact consumers according to the speaker?

What is the role of the Consumer Financial Protection Bureau according to the speaker?

What actions does the speaker intend to take regarding Deutsche Bank?

What concerns does the speaker have about payday lenders?

How does the speaker view the relationship between financial institutions and consumers?

What are the speaker's thoughts on the importance of small businesses?

What is the speaker's stance on the President's criticism of the Federal Reserve?

What message does the speaker have for Secretary Carson regarding public housing?