Key Democratic lawmaker may invite bank CEOs to testify before U.S. Congress


  • World
  • Friday, 09 Nov 2018

FILE PHOTO: Congresswoman Maxine Waters addresses the audience at the 'Ain't I a Woman?' Sojourner Truth lunch, during the three-day Women's Convention at Cobo Center in Detroit, Michigan, U.S., October 28, 2017. REUTERS/Rebecca Cook/File Photo

WASHINGTON (Reuters) - Democrat Maxine Waters, poised to become chair of the U.S. House banking committee, told Reuters on Thursday she would like the heads of the country's biggest banks to testify before the panel as she seeks to ramp up regulatory oversight.

Waters also said Democrats had not yet decided whether to issue subpoenas to Deutsche Bank over President Donald Trump's finances. The bank is among the large lenders expected to face increasing scrutiny after she takes control of the House Financial Services Committee in January.

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