Maxine Waters actually said...

"The proposal would be bad for investors, expecting them to accept all the credit risks on U.S. mortgages."

"The proposal would be bad for renters at a time when vacancy rates are at an all-time low."

"The proposal would be bad for community banks and credit unions, with the new utility presenting them with tremendous challenges."

"The proposal would be bad for consumers, repealing the predatory lending provisions in the Wall Street Reform Act."