“Impeach Trump” Representative Maxine Waters (D-CA) is about to assume a very powerful role as the House Financial Services Committee. Even before she assumes her role, Maxine has alreaday begun threatening the banks, telling them, “I’m gonna do to you what you did to us!”

In 2012, when Maxine Waters was about to assume the role as chairwoman on the House Financial Services Committee, Judicial Watch wrote a scathing condemnation of the Democrats decision to place her in that powerful role, yet again: A famously corrupt—and seemingly untouchable—congresswoman renowned for abusing her power to enrich family members is set to hold a ranking position on the powerful House committee that oversees the nation’s financial services industries. Even for Washington this is a bit much. Democrats have chosen a scandal-plagued college, veteran Congresswoman Maxine Waters, to be the ranking member on the House Financial Services Committee despite her many transgressions over the years. The influential congresswoman has helped family members make more than $1 million through business ventures with companies and causes that she has helped, according to her hometown newspaper. A few years ago Waters was investigated by the House Ethics Committee for steering $12 million in federal bailout funds to a failing Massachusetts bank (that subsequently got shut down by the government) in which she and her board member husband held shares. Read all about it in Waters’ profile on Judicial Watch’s 2011 “Ten Most Wanted Corrupt Politicians.” list.

Well, it looks like history is about to repeat itself, again, as Maxine Waters is set to assume the role as chairwoman again in 2019.

The video below shows Maxine Waters just before the midterm elections, and a flashback video to the time when Maxine Waters openly admitted her desire for a Socialist form of government in the United States during a 2009 House hearing, stating that her goal was to see a government takeover of all of the oil companies in America.

Prior to the midterms, Maxine Waters openly bragged about how she would destroy our economy by punishing the banks with regulations.

‘I will be the first African-American, the first woman to chair the powerful financial services committee. That’s all of Wall Street, that’s all the insurance companies, that’s all the banks. And so, of course, the CEO’s of the banks now are saying, ‘What can we do to stop Maxine Waters? Because if she gets in, she’s gonna give us a bad time.’ What am I gonna do to you? I’m gonna do to you what is fair—I’m gonna do to you what you did to us.”

Watch:

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The Washington Times reports- Waters is no friend to the nation’s biggest banks and Wall Street, and has been a vocal critic of President Donald Trump and his administration. The congresswoman from California has called for more regulation of banks, and has opposed Trump’s political appointees moving to roll back regulations on banks and other financial services companies.

For example, Waters, along with several other Democrats, were “no” votes on a banking industry bill that rolled back several parts of the Dodd-Frank Act, the law passed under President Barack Obama that more tightly regulated banks after the financial crisis. In the Senate, the bill was supported by several Democrats and was signed into law this summer by Trump.

With a Republican-controlled Senate and Trump in the White House, it is unlikely Waters‘ proposed regulations on banks will make it into law. However, it’s also much less likely that any substantial new deregulatory bills get through, either.

But there are things that will be outside of the control of Waters and congressional Democrats. Most banking laws give the regulators who oversee the industry – the Federal Reserve, CFPB, Office of the Comptroller of the Currency, and Federal Deposit Insurance Corporation and others – wide authority to tailor regulations as needed. Nearly all of the positions at those regulators are now filled by Trump appointees. –

In 2009, Maxine Waters was involved in one of the biggest scandals related to the banking industry and a US lawmaker in history.

In August 2010, an investigative subcommittee of the House Ethics Committee issued a Statement of Alleged Violation charging Rep. Waters with three counts of violating House rules and ethics regulations in connection with her actions regarding OneUnited.