×

Top House financial services Democrat seeks return to committee chair, letter says

By Thomson Reuters Nov 6, 2026 | 8:37 AM

By Douglas Gillison

WASHINGTON, Nov 6 (Reuters) – Maxine Waters, the long-serving top Democrat on the House Financial ​Services Committee, called on Friday ‌for her fellow Democratic lawmakers to return her to the committee’s chair as her party plans to challenge the Trump ‌administration’s ​economic agenda next year.

“It ⁠has never been ⁠more important to have a proven, effective and innovative leader on the Committee on Financial Services to ​fight back. I am that leader, and I respectfully ask for ⁠your support,” Waters said ⁠in a letter Reuters ​is reporting for the first time.

In her ​letter, Waters promised to target affordable ‌housing, “junk fees,” President Donald Trump’s attack on the Consumer Financial Protection Bureau, medical debt and credit reporting — ⁠hot-button policy areas, many of which had underpinned the Democrats’ economic message in this ⁠week’s ‌midterm elections.

Waters, 88, among the ⁠oldest lawmakers on Capitol ​Hill, is ‌campaigning to fend off a ​challenge from ⁠fellow committee Democrat Sean Casten, 54, who on Thursday officially announced he was seeking to take the gavel.

(Reporting by Douglas Gillison in Washington; Editing by ​Chizu Nomiyama)