Rep. Maxine Waters Takes On Big Banks With The ‘Megabank Accountability and Consequences Act’

2,334 views · Published 5 October 2017 · 5:19 · Indexed 12 November 2026

Channel: Roland S. Martin · 2017 · News & Politics

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Congresswoman Maxine Waters has  put the megabanks on notice. 

Waters wants to hold Wells Fargo and other banks accountable for harming customers. The California Congresswoman is calling for bank regulators to step up their game by keeping tabs on those financial institutions that have a track record of doing bad business. 

Repeat offenders could be shuttered by the Federal Reserve.
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