Donald Trump identified Maxine Waters as one of the leaders of the Democrat Party.
She called for liberal goon squads to stalk and terrorize Trump officials.
But now her career could take a turn that no one will believe.
If Democrats win the House on Tuesday, Waters will chair the Financial Services Committee.
The avowed leftist would run a committee whose job it is to oversee Wall Street.
For months, bank stock watchers have warned Representative Maxine Waters might call for tougher regulations and hold harsh hearings, target penalty-box bank Wells Fargo & Co. and security-breaching Equifax Inc., and go after President Donald Trump’s lenders, if she were to take control of the House Financial Services Committee.
On Wednesday, signs began emerging that Wall Street might be warming up to Waters who, as the ranking member on the committee in the Republican-controlled House of Representatives, is the likely committee chair if the Democrats take over the House in next week’s midterm elections. Fox Business Network’s Charles Gasparino sent out a soothing tweet: “People close to Waters say she will have a constructive relationship w banks.” Raymond James analyst Ed Mills wrote that Waters’s potential chairmanship poses “more headline risk than actual negative impact,” even given Waters’s “national profile” and her reputation as a liberal Democrat.
And, for the first time in a decade, the securities and investment industries are spending more on Democrats than Republicans ahead of the Nov. 6 midterm elections.
For all the talk of violent rhetoric recently, Waters really kick started this trend.
She urged liberal thugs to menace Trump officials in public.
Some Americans are appalled at the idea of Waters being rewarded by the voters for helping to plunge America into a political violence crisis.
But Wall Street is hedging their bets.
For the first time since Democrats ran the House, Wall Street donated more money to Democrats than Republicans.
And it could be a sign that Chairwoman Waters is close to becoming a reality.
We will keep you up-to-date on any new developments in this ongoing story.