Bloomberg Talks
Rep. Maxine Waters Talks Bessent's Agenda, Republican Control
Nov 25, 2024
Maxine Waters, a powerful voice in Congress and advocate for consumers, delves into Scott Bessent's 3-3-3 fiscal agenda, aimed at reducing national debt and boosting economic growth. She raises concerns over appointee loyalty and its impact on public policy. Waters highlights the importance of bipartisan efforts in tackling cryptocurrency regulation and the upcoming changes in SEC leadership. She also emphasizes the need for strict capital requirements in banking to prevent financial crises, ensuring safety for depositors and investors.
12:45
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Quick takeaways
- Rep. Maxine Waters emphasizes Scott Bessent's proposed 3-3-3 agenda aimed at national debt reduction and GDP growth amidst political concerns.
- The podcast discusses the potential for bipartisan collaboration in financial services legislation despite ongoing Republican control of the House.
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