Banking with Interest Rep. Waters on Dem’s Strategy, Stablecoins, Housing & More
Jan 29, 2025
Rep. Maxine Waters, the first woman and African-American to chair the House Financial Services Committee, discusses her long career in Congress and evolving financial policies. She highlights the importance of community banks and advocates for housing reform and stablecoin regulation. Waters reflects on post-election messaging and education in the Democratic party, critiques the influence of billionaires on policies, and emphasizes the need for accountable leadership. She also addresses the challenges faced by communities impacted by disasters like the Los Angeles wildfires.
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Democratic Messaging
- Democrats performed better than expected, considering Trump lacks a clear mandate.
- Improved messaging and voter education are crucial for future Democratic victories.
Housing Reform
- Prioritize housing reform by increasing section 8 vouchers and collaborating with local communities.
- Address NIMBYism and involve homeowner associations in housing development decisions.
Financial Services Priorities
- Ensure the SEC has proper funding to protect investors.
- Address private equity's negative impact on the housing market through regulation.