(CBrief) – Rep. Maxine Waters, chair of the House Financial Services Committee, got into a tense back-and-forth with a GOP lawmaker during a hearing on Tuesday in the waning weeks of her panel leadership.
The hearing was convened to discuss the recent collapse of the cryptocurrency exchange FTX, which lost customers billions of dollars. The former CEO, Sam Bankman-Fried, was scheduled to testify before the committee, but he was indicted by the Justice Department Tuesday morning on a basket of charges, including fraud, that were filed by the Securities and Exchange Commission (SEC).
“I would like to enter into the record the closing statements from Ranking Member [Patrick] McHenry [R-N.C.] and myself,” Waters said at one point, in an attempt to close out the meeting.
But Waters apparently forgot to call on Rep. Lance Goodwin (R-Texas).
“Chairwoman Waters, Chairwoman Waters,” Gooden sounded off. “I’ve not had an opportunity to testify–to question the witness.”
At that point, an aide whispered something into her ear, but then the California Democrat thanked the witness in what appeared to be another attempt to close out the meeting, which prompted another objection from Goodwin.
“Chairwoman Waters,” he said. “Parliamentary inquiry?”
“Yes?” she said in response.
“Are all members entitled to question witnesses?” he asked.
“You are!” she fired back, going on to suggest that extending the hearing further would cause members to miss a vote. “If you would like to miss the votes on the floor for–”
“Hey, it’s the chairwoman’s prerogative to call a recess,” Gooden protested.
“Just one moment, please!” Waters bit back.
“That’s your decision, not mine,” Goodwin continued.
“You may go right ahead and have five minutes,” Waters then said.
“Thank you, Madam Chair,” said the Texas Republican as he then proceeded to question the witness.
“You’re certainly welcome, sir!” Waters said.
Lmfao Rep. Maxine Waters tried to end the FTX hearing before Rep. @Lancegooden got a chance to question the witnesses, who had to remind her that all the members of a committee are entitled to questions. pic.twitter.com/wYTxSsLVg3
— Greg Price (@greg_price11) December 13, 2022