The Corner

Maxine Waters to Replace Barney Frank

As the senior Democrat on the House Committee on Financial Services, that is. Waters is something of an expert on banks, having been subject to a recently concluded three-year ethics investigation over charges that she used her position to protect her personal investment in OneUnited Bank, which collapsed during the 2008 financial crisis.

Waters was cleared of wrong-doing in the case, although her top aide was charged with three ethics violations (and presented with a strongly worded letter as punishment!).

CNBC asked Steny Hoyer about the wisdom of putting Waters in such a leadership position. Hoyer’s response? That he didn’t hear the question:

UPDATE: Megan McArdle has more on the Waters pick, including a few Waters career highlights that illustrate she may not know that much about the committee’s core subject matter.

Daniel Foster — Daniel Foster is a former news editor of National Review Online.

Most Popular


A Home Run by Trump

In 2007, the Justice Department was in disarray. Though it was largely exaggerated, a controversy over the firing of some United States attorneys, the intrusion of politics into Justice Department hiring decisions, and White House contacts with Main Justice forced the resignation of an overmatched attorney ... Read More
Energy & Environment

Identifying the Problem

EDITOR’S NOTE: The following is Jonah Goldberg’s weekly “news”letter, the G-File. Subscribe here to get the G-File delivered to your inbox on Fridays. Dear Reader (including all passengers on Spaceship Earth), So, as often happens, a weasel crawls up your tailpipe (I mean of your car, sicko). It ... Read More
Politics & Policy

Donald Trump and the Imperial Presidency

As the writer of a weekly political column in the Age of Trump (ugh), I have lately been wondering if, bereft of an idea, I might just write TRUMP over and over again, 750 times, and get people to read it. An idle thought — perhaps. After all, this was the week when my Twitter timeline was full of mainstream ... Read More