Maxine Waters Threatens Vengeance If Democrats Take The House (Video)

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President Trump warned voters what would happen if leaders of the Democrat Party take over in the upcoming midterm elections, saying their victory will mean California Congresswoman Maxine Waters will be put in charge of the country’s finances.

“Congresswoman Maxine Waters was called the most Corrupt Member of Congress!” Trump tweeted early Saturday morning. “If Dems win, she would be put in charge of our Country’s finances. The beginning of the end!”

Consider that Waters is facing another complaint over an obscure fundraising method that takes in thousands from state politicians in exchange for being featured on her so-called slate mailers.

This time it involves former Los Angeles Mayor Antonio Villaraigosa, who was running for Governor in the Democratic primary, he was included on the mailer for a fee of $25,000. His campaign did not pay however, a group called “Families and Teachers for Antonio” did.

Fox News reports:

The National Legal and Policy Center, a conservative watchdog group, filed a complaint with the Federal Election Commission against Waters, her campaign and a pro-charter school group called Families and Teachers for Antonio Villaraigosa — which backed the former Democratic mayor of Los Angeles.

The pro-Villaraigosa group paid $25,000 to the Citizens for Waters Committee on May 25 to include Villaraigosa in her slate mailer, according to the complaint. FEC guidelines, however, say only a candidate’s committee can pay for the mailers — sample ballots traditionally mailed out to about 200,000 voters in Los Angeles highlighting whom Waters supports.

Waters’ mailers have faced scrutiny since 2010 because the campaign, since 2004, has paid her daughter Karen Waters, or her public relations firm Progressive Connections, to produce, print and mail the sample ballots.

Legally, candidates are paying a reimbursement for the slate mailer, rather than buying an endorsement. But it’s difficult to prove whether the Waters endorsement comes as a result of the payment or if already endorsed candidates are paying for their share, Adav Noti, a former FEC assistant general counsel, recently told Fox News while explaining the peculiar process.

The mailers also effectively provide a loophole to get around federal campaign contribution limits. The watchdog group’s FEC complaint, the second against Waters since July, is asking for a full audit of the congresswoman’s campaign.

“Since the commission has given federal campaigns broad discretion involving slate mailers it is imperative the issues cited in this complaint are fully investigated and all penalties and fines that may result from a finding that the Citizens for Waters campaign was in violation of the statutes cited should be applied in full,” the complaint filed Thursday morning says.

Neither Waters’ congressional office nor her campaign responded to phone and email inquiries for this report.

Waters is one of the most outspoken congressional critics of President Trump and supporters of his impeachment.

Villaraigosa ran as a moderate Democrat in the gubernatorial jungle primary — meaning the top two vote-getters face off in the general election, regardless of party. Democratic Lt. Gov. Gavin Newsom and Republican businessman John Cox won that primary.

Federal law technically limits individual campaign contributions to $2,700 to a candidate’s committee and $5,000 to a political action committee. But the mailers are treated differently. A 2004 FEC advisory opinion, signed by Democratic FEC Commissioner Ellen Weintraub, set guidelines for how those mailers can be funded. Read more here.

Fox News reports:

The president appears to be referencing a Fox News report that said Waters is likely to take the reins of a powerful House committee in the event of Democrats retaking the lower chamber.

The 80-year-old lawmaker from California, who Trump previously called a “low-IQ individual”, is likely to be promoted to chairwoman of the House Financial Services Committee, where she’s currently the ranking member. The committee has the power to subpoena and direct the fate of certain bills before they even reach a floor vote.

The committee oversees the housing, banking, insurance, and securities industries. Fox Business Network’s Charles Gasparino reported earlier this week that people associated with Waters said she would have a “constructive relationship” with banks and would focus instead on the Department of Housing and Urban Development.

The comments are likely aimed at easing any concerns banks may have about Waters’ leadership amid recent polls showing that Democrats are likely to retake the House.

In May, the lawmaker opposed a bill that rolled back some of the 2010 Obama-era regulations of the banks. The measure, supported by Republicans and moderate Democrats, was signed by Trump.

But under Waters’ control, the committee is also likely to be weaponized for partisan purposes in a bid to undermine the White House and Republicans.

Earlier this year, Waters already tried – though unsuccessfully – to subpoena Deutsche Bank AG for records concerning “internal reviews of the personal accounts of the President and his family.” She also asked for information about lax money-laundering detection policies that could have permitted Russian operatives to move money around without any paper trail.
The comments are likely aimed at easing any concerns banks may have about Waters’ leadership amid recent polls showing that Democrats are likely to retake the House.

In May, the lawmaker opposed a bill that rolled back some of the 2010 Obama-era regulations of the banks. The measure, supported by Republicans and moderate Democrats, was signed by Trump.

But under Waters’ control, the committee is also likely to be weaponized for partisan purposes in a bid to undermine the White House and Republicans.

Earlier this year, Waters already tried – though unsuccessfully – to subpoena Deutsche Bank AG for records concerning “internal reviews of the personal accounts of the President and his family.” She also asked for information about lax money-laundering detection policies that could have permitted Russian operatives to move money around without any paper trail.

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