Ocasio-Cortez Being Considered For Panel That May Probe Trump’s Finances
Freshman Congresswoman Alexandria Ocasio-Cortez being considered for a seat on a House panel that has the power to probe President Trump’s finances.
The 29-tear-old Democrat said late last year she would seek a post on the House Committee on Financial Services, which oversees money-related issues including Wall Street’s influence on Washington, large lenders such as Fannie Mae and Freddie Mac, the supervision of banks, insurers and corporate campaign donations.
The committee is chaired by Rep. Maxine Waters (D-Calif.), who has praised Ocasio-Cortez. Waters has vowed to use the position to dive into Trump’s shady financial dealings.
“You’re going to see a new kind of approach in the hearings that we have,” Waters told MSNBC . “They’re going to come right out with it. They won’t be ashamed. They won’t be afraid. They really believe in what they’re doing. I think that’s good for the institution.”
Waters has served on the House Committee on Financial Services for more than 20 years and is the first African American and first woman to lead the panel.
Members of the Progressive Caucus, including Reps. Rashida Tlaib (D-Mich.), Ayanna Pressley (D-Mass.) and Katie Porter (D-Calif.) are also in line for spots on the panel according to The Intercept.
In addition to the Trump family’s financial dealings, panel members are also expected to lead several investigations into Trump’s potential connections between his businesses and Russian oligarchs.
The panel will also look at “whether or not the treasury department is carrying on its responsibility with overseeing the sanctions that have been performed on the Russian government,” Waters told the Los Angeles Tribune editorial board.