Maxine Waters Chosen as Senior Dem on Financial Services Cmte

This afternoon on Capitol Hill, fellow House Democrats chose Rep. Maxine Waters to serve as the ranking member on the powerful House Financial Services Committee for 2013 and 2014. The chair of the committee will be Republican Rep. Jeb Hensarling of Texas.

Waters has been very critical of Wall Street and has been an advocate of consumer rights. She will succeed Barney Frank in the role o senior D on the committee.