Senate Majority Leader Chuck Schumer and Rep. Maxine Waters have both rid themselves of campaign contributions related to the Silicon Valley Bank collapse, which has raised questions about the role of Congress in the financial crisis. The 2018 law intended to provide relief to smaller banks was interpreted generously by the Federal Reserve, and Congress may take further action to ensure banks are held to a higher standard of oversight and safety.
Posts tagged as “Maxine Water”
Rep. Maxine Waters (D-Calif.) has called out Sens. Joe Manchin (D-W.Va.) and Kyrsten Sinema (I-Ariz.) for their opposition to abandoning the filibuster, which has hindered Democrats' ability to pass police reform and other legislation. Protests and vigils are continuing in response to the incident, but the future of police reform remains uncertain.