Key Democratic lawmaker may invite bank CEOs to testify before U.S. Congress


WASHINGTON (Reuters) – Democrat Maxine Waters, poised to become chair of the U.S. House banking committee, told Reuters on Thursday she would like the heads of the country’s biggest banks to testify before the panel as she seeks to ramp up regulatory oversight.

FILE PHOTO: Congresswoman Maxine Waters addresses the audience at the ‘Ain’t I a Woman?’ Sojourner Truth lunch, during the three-day Women’s Convention at Cobo Center in Detroit, Michigan, U.S., October 28, 2017. REUTERS/Rebecca Cook/File Photo

Waters also said Democrats had not yet decided whether to issue subpoenas to Deutsche Bank over President Donald Trump’s finances. The bank is among the large lenders expected to face increasing scrutiny after she takes control of the House Financial Services Committee in January.

“I do think it’s legitimate for the CEOs to come in and testify about what’s going on in their banks,” she said in a phone interview. “I would hope that it would not be a hostile…

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