Muddled Waters...

"Make no mistake, the days of this committee weakening regulations and putting our economy once again at risk of another financial crisis will come to an end," Rep. Maxine Waters said.

Bank shares moved lower following a CNBC report on the remarks, with the SPDR S&P Bank ETF down 0.6 percent in morning trade.

Since Trump began his term in early 2017, the administration has sought to loosen the regulatory reins imposed by the Dodd-Frank reforms that came into being after the financial crisis that exploded in 2008. In particular, the White House and the Fed have worked to tailor capital rules to be less onerous on regional and community banks.

Good luck to Ms. Maxine, she will bring the down turn of the economy herself, thus more people will support the Don.  Just a thought.