Maxine Waters actually said...

"Vice Chairman Quarles is, in fact, the first person to officially hold this important role that is critical in keeping our financial system safe and sound."

"I look forward to hearing Vice Chairman Quarles' testimony today on the Federal Reserve Bank's supervision and enforcement activities."

"I was encouraged when the Fed took action under then-Chair Janet Yellen and initiated a strong enforcement action against Wells Fargo for its egregious consumer abuses."

"I am providing you the same response I provided the Ranking Member."