Rep. Maxine Waters (D-CA) proclaimed that Wall Street was now in the White House during an interview on MSNBC’s Morning Joe Monday. Democrats need to educate the public about their policies, not reform them, she said.
“Wall Street is now in the White House rolling by Dodd-Frank,” Waters told MSNBC’s Mika Brzezinski. “I want to tell you, Dodd-Frank was the answer, the reform that we needed based on the recession that was caused [by] Wall Street when Lehman Brothers failed, and it caused all of the other banks to be, you know, in trouble.”
Waters took particular issue with President Trump’s proposal to roll back some Dodd-Frank regulations and with Jared Cohen and Steve Bannon serving in the Trump administration because of their ties to Wall Street.
Brzezinski asked Waters what political options the Democrats had to stop Trump’s Dodd-Frank rollback proposal.
“Our challenge is to educate the public,” Waters told Brzezinski.
The strategy to “educate the public” was one employed by Hillary Clinton’s campaign, which fell short in winning over enough voters in key battleground states to defeat Trump in November.
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