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Maxine Waters Embarrasses Herself Asking Bank CEOs About Student Loans

Maxine Waters, D-Calif., Chairwoman of the House Committee on Financial Services, embarrassed herself during a hearing with chief executives from some of the nation’s largest banks.

After lecturing that “several of these institutions are simply too big to manage their own operations,” she asked “what are you guys doing to help us with these student loans?”

JPMorgan Chase (^JPM) CEO Jamie Dimon had to inform the chairwoman of the House Finance Committee the federal government took over student loans in 2010.

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PPD Staff

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