Maxine Waters actually said...

"Their excuses are not new and are laden with long-standing, unfounded biases against diverse-owned asset managers who perform as well or better than their White-owned counterparts."

"Today, we are continuing to hold the financial services industry accountable for diversity and inclusion."

"Today, we are calling on the regulated financial entities to fully disclose the diversity there."

"In addition to having an abysmal record of diversity within their investment firms, they have also not made it a priority to do business with diverse-owned asset managers."