For the first time since 2009, the CEOs of America's largest banks will gather in Washington to testify before the House Financial Services Committee, which in the new era of Democratic control has fallen under the sway of some of the chamber's most progressive, anti-business members - case in point: Chairwoman Maxine Waters, who hopes to make the excoriation of Wall Street fatcats a hallmark of her tenure.
To say that Wednesday's hearing is expected to be highly dramatic would be an understatement. As both moderate Democrats and Republicans have privately groused, a free-for-all with 60 lawmakers and seven executives isn't exactly an environment conducive to substantive policy discussions. And that's likely by design.
Rather, Waters and some of the committee's other high-profile members - including Alexandria Ocasio-Cortez, who is expected to attend the hearing and has reportedly refused to meet with the CEOs' lobbying group - will almost certainly try to treat the CEOs like pinatas in a public showing of just how tough they are on special interests.
THIS IS SHOULD BE good............LETS SEE IF DUMBO DIGS HER HOLE DEEPER
http://www.zerohedge.com/news/2019-04-09/wall-street-ceos-hope-dimon-will-triumph-over-aoc-kerosene-maxine-during-wednesdays?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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