Rep. Maxine Waters is embracing corporate campaign contributions as the new chairwoman of the House Financial Services Committee, even as other progressive Democrats have sworn off fundraising from businesses
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The figures suggest that Waters is following through on a pledge to have an "open-door" policy with industry, even as she uses the gavel to crack down on financial firms in the name of consumer protection. In all, she saw her contributions grow nearly 18 times over from the $12,009 that her campaignWaters' allowance for corporate PAC donations sets her apart from other liberal icons such as Sen. Elizabeth Warren and Rep.
Insurers, which are lobbying Waters' committee on a range of issues, have given the biggest boost to her campaign coffers of any sector of the financial industry.
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