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Capitol Report: Special election to be bellwether in determining if congresswoman Trump called ‘low IQ’ will run key bank committee

The congresswoman President Trump called “low IQ” may end up in charge of banking regulation if Democrats win control of the House in this year’s midterm elections — and Tuesday’s special election may be a good bellwether for whether that happens.

Rep. Maxine Waters, a Democrat from California, is in line to chair the House Financial Services Committee if the Democrats take control of the House. Democrats need a net gain of 24 seats to take back control of the House, a target analysts KBW say is achievable.

At a Saturday rally for Rick Saccone, a candidate in a special election in southwestern Pennsylvania on Tuesday to fill a vacant House seat, President Donald Trump called Waters “low IQ” due to her calling for his impeachment without having a specific rationale.

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