Wall Street Faces Subpoenas, More Deregulation From Divided D.C.
- Maxine Waters poised to hit banks with fresh investigations
- But Democrats won’t be able to stop agencies from easing rules
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Wall Street, fasten your seat belts.
Now that Democrats have taken control of the House, Representative Maxine Waters is in line to lead the financial services committee, a panel with significant clout over banks, investment firms and their regulators.