Maxine Waters actually said...

This is a crisis, and regulators have failed to live up to their statutory obligations to preserve and promote MDIs.

Waters calls out regulators for not fulfilling their responsibilities to support minority banks during a crisis.

11/19/2019

More Maxine Waters Quotes

Since 2008, the number of Black-owned banks has decreased by more than 50 percent.

I cannot tell you how pleased I am about their advocacy because oftentimes, we accuse tenants of not being involved.

You need to get to work on capital. You need to get to work on encouraging big banks to invest in small banks.

We need more transparency. That is extremely important.