The Hill: The midterms are going to have a significant impact on the financial sector, and it doesn’t matter which ‘side’ wins in November. A win for Democrats will put Rep. Maxine Waters (CA) – the Financial Services Committee’s ranking member where she’ll hold subpoena powers that will support her fierce criticism of President Trump.
Excerpt from The Hill:
But the panel is also expected to launch several investigations into the personal finances of Trump, his family and his business if there’s a blue wave on Election Day.
Led by Waters, Financial Services Democrats have called on Hensarling to subpoena documents from Deutsche Bank and the Treasury Department that could shed light on potential financial connections between Trump and Russia.
Republicans have quashed those requests, but Waters would be empowered to demand documents if a Democratic wave gives her control of the committee.
“If there is information that is going to be unveiled about what has been going on in the White House or Donald Trump or the Treasury, it will come out,” Waters said Sunday on MSNBC, vowing to pursue the matter “in a responsible way.”