Maxine Waters Threatens End To Regulation-Rollback

[Swordsmyth]

US financials stocks have tumbled from opening higher after Rep. Maxine Waters - soon to to take over the powerful House Financial Services Committee when the new Congress convenes in January - laid down the law on what will and won't happen under Democrat rule.

As CNBC reports, the California Democrat said efforts to loosen the reins on Wall Street financial institutions won't be tolerated should she be committee chair, as expected.

"Make no mistake, come January, in this committee the days of this committee weakening regulations and putting our economy once again at risk of another financial crisis will come to an end," Waters said.

More at: https://www.zerohedge.com/news/2018-...ation-rollback


Ain't it great having them control the House?

[euphemia]

She can say that all she wants. If Congress didn’t pass the regs, then Congress really can’t stop the rollback.

[timosman]

She can say that all she wants. If Congress didn’t pass the regs, then Congress really can’t stop the rollback.

Congress didn't feel the need to intervene as the country, unlike now, was going in the right direction.

[oyarde]

What regulation rollback is putting the economy in danger ? CalExit means this retarded $#@! will no longer be in the news.

[Anti Globalist]

Meanwhile I'm scratching my head as to how this woman holds any political office.

[Wooden Indian]

Meanwhile I'm scratching my head as to how this woman holds any political office.

She hates straight white males and wants to give to the entitled the fruits "our" labors. Pretty popular position among today's Left.

[r3volution 3.0]

GOP: "We totally did this massive deregulation, vote for us!" (bull$#@!, they did nothing)

Dems: "They totally did this massive deregulation, vote again them" (bull$#@!, they did nothing)

Libertarians: "....

[enhanced_deficit]

US financials stocks have tumbled from opening higher after Rep. Maxine Waters - soon to to take over the powerful House Financial Services Committee when the new Congress convenes in January - laid down the law on what will and won't happen under Democrat rule.

As CNBC reports, the California Democrat said efforts to loosen the reins on Wall Street financial institutions won't be tolerated should she be committee chair, as expected.

"Make no mistake, come January, in this committee the days of this committee weakening regulations and putting our economy once again at risk of another financial crisis will come to an end," Waters said.

More at: https://www.zerohedge.com/news/2018-...ation-rollback


Ain't it great having them control the House?

This could be bad news for Wall Street fat cats.
Quite troubling development even if subprime housing loans scam was a one time thing and no chance of rinse repeat.

[Swordsmyth]

GOP: "We totally did this massive deregulation, vote for us!" (bull$#@!, they did nothing)

Dems: "They totally did this massive deregulation, vote again them" (bull$#@!, they did nothing)

Libertarians: "....

There was some deregulation, now the Demoncrats will try to add many more regulations.

[dannno]

GOP: "We totally did this massive deregulation, vote for us!" (bull$#@!, they did nothing)

Dems: "They totally did this massive deregulation, vote again them" (bull$#@!, they did nothing)

Libertarians: "....

Not only has he made significant cuts to regulations that have made positive impacts to several people here on this forum, but he has cut ties on a lot of international agreements. Libertarians have a lot of reason to show some respect.

[spudea]

GOP: "We totally did this massive deregulation, vote for us!" (bull$#@!, they did nothing)

Dems: "They totally did this massive deregulation, vote again them" (bull$#@!, they did nothing)

Libertarians: "....

Cali and other state Dems are currently suing the Trump Administration to stop the deregulation. Please get mental help.

California Sues Trump Administration Over Car Emissions Rules

[r3volution 3.0]

Not only has he made significant cuts to regulations that have made positive impacts to several people here on this forum, but he has cut ties on a lot of international agreements. Libertarians have a lot of reason to show some respect.

I've posted several times the Trump administration's own documents showing that the cuts were anything but significant.

At this rate of regulation, the total cost of regulation would reach $0 in around twelve centuries.

It's a talking point, as it was designed to be: not a meaningful economic reform.

Cali and other state Dems are currently suing the Trump Administration to stop the deregulation. Please get mental help.

California Sues Trump Administration Over Car Emissions Rules

You think that's something other than politics, designed to rile up their tribe, as Trump's actions are designed to rile up yours.

How cute.

[dannno]

You think that's something other than politics, designed to rile up their tribe, as Trump's actions are designed to rile up yours.

How cute.

AF has seen significant improvements in his line of work due to regulation cuts, and if the dems get control of automobile regulations on the national level my company will be decimated..

I'm sure this is the case for quite a few on this forum, so you are probably not going to get very far with us using those arguments.

[r3volution 3.0]

AF has seen significant improvements in his line of work due to regulation cuts, and if the dems get control of automobile regulations on the national level my company will be decimated..

I'm sure this is the case for quite a few on this forum, so you are probably not going to get very far with us using those arguments.

Your opinion is of absolutely no concern to me.

Go seek some more subsidies from your tribal leader and vote for him again.

[dannno]

Your opinion is of absolutely no concern to me.

Go seek some more subsidies from your tribal leader and vote for him again.

Subsidies??! LOL... I dunno where you come up with this stuff..

I've also never voted for Trump..

[Swordsmyth]

Subsidies??! LOL... I dunno where you come up with this stuff..

Demoncrat talking points.