General World News

Waters urges Fed independence, FHFA probe in Trump-Cook fight

Congresswoman Maxine Waters (D-Calif.), the top Democrat on the House Financial Services Committee, sent two letters this week that seek investigations into actions by President Donald Trump at the Federal Reserve.

One letter was sent to John Allen, the acting inspector general of the Federal Housing Finance Agency (FHFA), while the other was addressed French Hill, the chairman of the House Financial Services Committee.

Waters’ letter to Hill — which was co-led with Rep. Juan Vargas (D-Calif.) and signed by more than a dozen Democratic members of Congress — urged the chair to “convene a full Committee hearing on details ⇒

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