Waters: More Diverse Financial Institutions Needed, Particularly in Management

WASHINGTON – Rep. Maxine Waters (D-Calif.), chairwoman of the House Financial Services Committee, said she “probably” would support the effort to study reparations for descendants of slaves. Rep. Sheila Jackson Lee (D-Texas) sponsored H.R. 40, the Commission to Study and Develop Reparation Proposals for African-Americans Act, following Rep. John Conyers’ (D-Mich.) resignation from Congress in 2017. -- More...