Waters takes top Democratic seat on financial services panel

12/5/2012 | AmericanBanker.com (free registration)

Rep. Maxine Waters, D-Calif., will be the ranking member on the House Financial Services Committee, replacing Rep. Barney Frank, D-Mass., who is retiring. Ms. Waters says she looks forward to defending and implementing the Dodd-Frank Act, putting her at odds with the new chairman, Rep. Jeb Hensarling, R-Texas, who has criticized it.

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