Toray (5:42)

My dream and my thought Because I think it makes good political sense, is that we give people monthly payments, $1,000, $2,000, whatever it is, every month, until we feel like we're through this thing directly into the hands of the people rather than into corporations. And I imagine the politician in the party that's able to say, hey, we're giving you money every month, that would be extremely valuable politically. Is that even possible?

Maxine Waters (6:11)

No, but it has been talked about. As you know, we had no Republicans on this bill when it passed the House, no Republicans supporting the bill when it came out of the Senate. And so in addition to that, the numbers are so close, you have to worry about whether or not you're going to lose Democrats. And so we have problems with a couple of our more conservative Democrats. And so that kind of progressive thought. No. Has not been able to move very far.

Toray (6:42)

So that, I mean, the way the structure of the Senate shapes what you guys think about in Congress, about like, we can't send that up because that'll never get through. So we have. Right. That shapes how you think about legislation every day.

Maxine Waters (6:56)

Well, you know, what happens is you pass legislation out of the House and then you take it to the Senate and then you fight to try and keep it the way that you passed it. And the senators, even in my estimation, if they don't have any great ideas, they just got to put their fingerprints on it. And so what happens is they start to nitpick here and there. And you saw Manchin, what he did with the unemployment benefits, he reduced it from 400 to $300. Took hours and hours and hours on that debate, which didn't make good sense to me. There may be some other nicks in there also. But, yes, in order to get a bill that we both agree on and before we can take it to the President's desk, we have to tolerate, you know, the concerns of the Senate.

Toray (7:42)

I feel like Republicans in the House and in the Senate are not acting in good faith. They are not acting in terms of what's best for their constituents. They're saying, we don't wanna do anything that would help this new president, which would then possibly lead to him getting reelected, which could possibly lead to Nancy Pelosi being, you know, continuing to be there. Do you feel like they don't act in good faith, they just do things to try to hurt you Dems politically?

Maxine Waters (8:09)

Oh, absolutely. They certainly cannot be trusted to act in good faith as you have described. And I just don't know how they get away with it with their constituents. Now for this Bill for the Rescue Act. What we did have is so much public support, Republicans alike, their constituents alike who were supporting it, and they still didn't vote for it, and they still get away with it. I just wonder all the time how they get away with not responding to the needs of their own constituents. Because I want to tell you something. This $1,400 in cash stimulus checks that we're going to give out, you got poor Republicans who need it more than poor Democrats, and on and on and on. That money is so important. Whether you're talking about small businesses, you're talking about restaurants that are closing down, whether you're talking about many of the businesses that won't ever open up again. These guys literally choose to oppose us because it is political, as you have identified. It is about whether or not they're going to look successful. It is whether or not they're going to get reelected. It's whether or not this president is going to get reelected. But they absolutely have made a mistake on this one because, like I said, the public does support it. Number one, the president looks good on being able to have delivered $1.9 trillion a relatively short period of time. And we're going right to the needs of the people. And they're waiting, they're desperate. We've had these food lines where people, women and the children standing in line around blocks to get a bag of food because children and families are hungry. And the lines have been long. And so, yes, we're going to have the appreciation, certainly of Democrats, but we're going to have the appreciation of a lot of Republicans who are. Are desperate, who are in need, who are poor, who are living on the edge, who have lost their jobs, on and on and on with that. So they made a mistake on this one. They're gonna get hurt, not us.

Toray (10:26)

I mean, I feel like when we talk about how can they survive making these sorts of moves, it's hardly because they don't live in the reality that we live in, which includes facts and logic and history. They get news, quote unquote from Fox, which paints the story in an entirely dishonest way. And they are misinformed. And, I mean, that's part of why they get to succeed.

Maxine Waters (10:52)

You know, that is so true. And I'm baffled about how misinformed they are. When they invaded the Capitol and there was one woman who was caught in kind of a crush, and they put a microphone before her to ask her, why was she here? What was she doing? And she said, this is the revolution we've got to take back our government. This is a revolution. And she was serious about it. And you know, this indoctrination that they're able to do is baffling. But you would be surprised how many people bite and how many people buy into these lies and these distortions.

Toray (11:33)

What was 16 like for you? What happened to you that day?

Maxine Waters (11:38)

Well, to tell you the truth, I had gone over to the gallery to witness the proceedings where the electoral votes were going to be announced and dealt with. And so once we had to divide, as you know, when they objected, and the way the Constitution goes, you get an objection and then you divide. The Senate goes back to the Senate, the House stays over here and you debate it. Okay? So once the division took place and I sat there and began to watch our debate, well, I knew everything that our people were going to say. So I said, you know what? I think I'll go back to my office. I don't need to sit here and watch this. So I got up and walked back to my office from the inside. Didn't see anything, anybody. By the time I got to my office and turned on the television, they had breached the barricades. They were breaking the glass. They were out in a way that the chief of police told me never could happen. Four days before the invasion, I had a one hour telephone meeting with the Chief of Police. I asked him about whether or not they were going to be able to get up on the plaza. He said, no, they would have barricades. I asked him whether or not they knew that the Proud Boys were in town and the Oath Keepers, and how were they going to deal with that. They said that they did not do reservations for space for people to protest based on groups that if an individual came in, it could be an individual from the Proud Boys, it could be an individual from the Oath Keepers, but they wouldn't know that. But they're going to keep a close eye. I said, well, on the grassy part, where maybe there's gonna be a confrontation with protesters who will come and say that they're opposite from them and what they're trying to do. He said, oh, we'll have police in there everywhere, and we won't allow that. I said, well, what are you gonna do about guns? They do not allow guns. This is not a gun carry state. They don't allow guns in D.C. he said, well, if any guns show up, we're going to. We're gonna deal with that right on the spot. I even went so far as to tell him, look, you should be concerned about the top of the buildings because Martin Luther King and Kennedy were targeted from up high. I said, and so you should have the top of the. He said, they can't get on top of our buildings. He said, in order for them to get on top of the Capitol, they'd have to go into the Capitol. And then what did we see? Them scaling the wall. Scaling the wall. I asked him if they could block off the intersection up at the Capitol. He said, no, they couldn't do that because they had their first amendment rights, and they had to have passageways down the main thoroughfare on and on. And he made every excuse. But the proud boys had been in town days before the invasion took place. As a matter of fact, I think the metropolitan police had driven the head of the proud boys out of town because they had caused some trouble with one of the churches, I believe, here. But they didn't seem to know any of this, or if they knew it, they were lying to me and telling me that we didn't have to worry. And so, anyhow, the police were either, like I said, ignorant and incompetent, or they just plain didn't want to see us be able to drive them away or drive them back. But what I discovered was they didn't even know the numbers that were in town. And even though there had been a march, they were surprised when they took over both sides of the capitol. They were on both sides of the Capitol, but they didn't.

Toray (15:38)

Were you scared at any point?

Maxine Waters (15:40)

You know, I was worried. Here's what I thought. I thought, boy, if you show your face out there, they'll kill you. You know what I'm saying?

Toray (15:50)

You thought that about yourself. If I go out there, I'll be killed.

Maxine Waters (15:52)

I knew they would kill me. I just know that because just days before that, I was getting threats, more threats. We get threats a lot. And I've been able to get some indicted and some convicted, But I know that they are haters and they had weapons. And I just know if I had walked up there any place where they were, I would have been killed. I believe that. I absolutely believe that. And so I got into my office and I got a call at some point. Well, I called the chief of police, and I just. I mean, I just told him everything I thought about him and how he had misled me or how he was incompetent and how this was totally unacceptable. And I just slammed the phone up in his face. But then I got a call that said that the Capitol police was guiding all of the members into a room, a big room, because they wanted to keep tabs on us and know where we were. And I told him, I'm not going anywhere. I'm not moving out of this office. We locked all of our doors. We barricaded ourselves in, and I did not move, my staff did not move and come to. You know, we're so glad we didn't because they took them all to a big room in the Cannon Building where we had Republicans with no mask and we had Democrats, even though the Republicans didn't tell us, but our Democrats who got sick, who got Covid, you know, and so I'm so glad I didn't go there. But evidently they didn't know what they were doing. They didn't have a plan. So this business surrounding us up and taking us someplace was one of these last minute things that they thought they should do in order to provide us with some kind of safety. But they didn't have a plan about what would happen if in fact they got literally taken over by a mob. And so it was. It was unnerving watching them. And I was thinking about the hatred that I saw, but I was thinking about the way that they was breaking the glass in, in the window and one guy, you know, just took it with his fist and then one wrapped a little something. And I mean, they were. They were angry, they were mad, they were crazy. And I just thought that, yeah, certainly I would have been killed. And when I saw the noose hanging up there, it was really strange for me because I just worked with Lee Daniels on The United States vs. Billie Holiday, where she was singing Strange Fruit based on the lynchings that she had seen. And then I also thought about, let's see, I just read the book the Devil, you know, and that the lynchings that he Talked about, the 5,000 or so lynchings before the Civil War. And I'm thinking, and looking at that noose and looking at them, I said, well, they say that that's supposed to be for Pence, that they're going to hang him. But I wonder, I wonder first of all, if they're going to hang a white man. And secondly, I wonder how many of us they would hang if we showed up and got in the way. And so it was that kind of. That kind of just absolutely almost giving up on our government and giving up on our ability to deal with these domestic terrorists. The idea that they could come in broad open daylight in the way that they did and basically break into the Capitol and go into the Senate floor and into Nancy Pelosi's office and all of that. I just really had a feeling of these people are out of control. They've got the president on their side, they've got the weapons, and we can't do anything with these people. They're going to cause real harm and they're going to kill folks. That's what I really thought.

Toray (20:04)

Some of your current colleagues helped the insurrectionists. Do you feel safe being in a body day to day with people who thought, those are my people, not you and Nancy?

Maxine Waters (20:22)

Well, you know, I don't think about really feeling safe. I know that they had to stop them from bringing guns on the floor. And I know that when you talk to some of them, and particularly the one that we know belongs to QAnon, et cetera, I just get angry. And I just. You know what I really think? You come for me, I'm coming for you. You know what I really think? If I have to die, I just have to die, because I'm not gonna walk around here in fear of you. You just don't come for me. Okay. I mean, that's really what I was thinking.

Toray (20:59)

What should happen to the people who invaded the Capitol that day?

Maxine Waters (21:03)

Well, first of all, the FBI supposedly is identifying them one by one, two by two. They're arresting some, some are being held, others are being released on their own recognizance. They're all supposed to be facing indictments, et cetera. And so I think they should keep up with that, because here's what I believe. I believe that some of those people really did not think that anything could happen to them, that they had the president on their side, and so they're looking to be taken care of. And some of them didn't even think they'd be arrested. Some of them think, well, if I get arrested, they are going to bail me out. But we control the courts and the judges and the president does, and so we don't really have to worry. That's what I think. Now, what do I think about domestic terrorists? I think that unless this country gets a handle on, identify, and come up with special ways of convicting domestic terrorists, that we're in for a long haul with them getting bolder and bolder, particularly if Trump raises all of this money, intimidates those Republicans who are afraid to vote against him or say a word against him, that I think they get stronger. And also, there are so many tricks in all of this because the head of QAnon had a relationship with the FBI, and they basically was the head of the QANON was basically an informant who was given information on stuff like drug dealing and those kinds of things. And you have to be doing that in exchange for not bothering you because they knew he was. You know what I'm saying? So when I look around, I don't know who to trust, you know what I mean? I don't know who to trust, you know what I'm saying? And I tell my grandchildren and everybody every day, I say we live in a society where many of the services that we need are provided by whites. But we don't know who they are, we don't know what they're thinking. What do you know if you in an emergency and you go to the emergency room and there's a white doctor? What do you know about the teacher that's teaching your child? What do you know about. You know, you don't.

Toray (23:30)

We do know that white supremacist groups have for years been telling their members, join the local police department so we can continue to maintain power that way. So when you or I are and you doesn't happen to you cuz you have a bubble. But when I get pulled over by a cop or when I get eyeballed walking down the street in Brooklyn by a cop, I don't know that he's not a proud boy or an oath keeper or some sort of white supremacist.

Maxine Waters (23:58)

Oh, you're absolutely right. And it's not only the local police, it's your military, it is the police. And you know what's surprising is you have veterans who have been a part of and that's not all of them, but I do know that that's what's being identified. And even they have identified some Capitol police here who are aligned with and identified with some of the white supremacist groups. So you don't know what you're confronting, you don't know to whom you're talking, you don't know who may do harm to you, you just don't know.

Toray (24:35)

Let me go back to policy, cuz you're the chair of the Financial Services Committee, incredibly important committee. I want to talk about what that work entails generally, but specifically, what's the chance that we can get $15 minimum wage for folks that would make such a difference for millions of Americans?

Maxine Waters (24:57)

Well, that issue is not in financial services, that's in ways it means however, it doesn't matter whatever it was in. No, we don't have the votes for it. No, we don't have the votes for it.

Toray (25:08)

You don't have the votes in the Senate, cuz you have them in the House.

Maxine Waters (25:11)

We have it in the House, in the Democrats, with the Democrats, but you don't have the votes with Democrats in the Senate. You're absolutely right.

Toray (25:20)

Why wouldn't you bring it up and make Republicans show their hand, make them vote on it and see like we're all voting against $15 for you guys?

Maxine Waters (25:29)

Well, of course we made them vote against it on the House side, but over on the Senate side, it's a whole different operation about how they do things and what gets brought up and when it gets brought up and all of that. And so we've just got to keep pushing and we've just got to keep trying to leverage and embarrass and use whatever tools we have. Because even now, $15, that's outdated. I mean, you know, you really need more than $15 now. We started on $15 several years ago. And so we just have to keep working. But I tell you what will make the difference. In the final analysis, the people on the street will make the difference. And to the degree that people are willing to organize and make sacrifices and basically show up in the numbers that we can show up, we can create some change. We already saw some weakening of racist attitudes about George Floyd after he was killed by the local cop. And you saw people coming along, some of the corporations, the kind of things that they advocated for, kind of embarrassing, trying to make it look like that they truly understood what have you. But we saw some attempts by others to say, oh my goodness, I didn't realize it was that bad, that was that terrible. And they hit the streets. You saw a kind of a mixture of young and old, all different ethnicities. And so you saw a little movement and people saying, this is outrageous, but it's not enough. It's not enough.

Toray (27:18)

It seems to be. So when you're running an important committee or just being an important congressperson, it seems to me like we, the public see you giving a speech, doing an interview, but the real work is to be able to go to another member privately and say, how can I get you to vote for this with me? Can I give you something? Is that being persuaded and just, can I give you something that'll help you out? Is that where the real work is? And how do you do that?

Maxine Waters (27:46)

No, no, no, it doesn't really work that way. I mean, you can make all the personal appeals you want. No, that does not work that way. As a matter of fact, there are some things you may be able to get some bipartisan support on. Not a lot, but when there's resistance, it is for a lot of reasons. And it's not just the issue itself. I want to tell you the basis of all of this is ra racism. The basis of this in our society, it is that, that maybe you don't hear, you don't see, but you know, it comes out in different ways. As a matter of fact, when you watch the previous president in the way that he, you know, sent these, these dog whistles to his constituency, remember how he talked about our cities and talked about, okay, he was sending a message that these black people don't care, they don't care about these communities. Look how they live. That's terrible. They're never going to do any better. We can't waste the taxpayers money on them. When he talked about our countries and other countries, black countries, he's sending dog whistling to them. When he talked about the athletes, a big message. Look at all these big black athletes doing so well. They're rich, they live good. You know, you don't even have this, you know what I'm saying? They're doing better than you do. All of this, the basis of all of this stuff is racism.

Toray (29:24)

The basis of what separates Dems and Republicans is racism.

Maxine Waters (29:28)

Yeah, yeah, yes. And this idea that Trump absolutely strengthened his voice on had to do with taking it back. Taking it back. Take back our country. You know what I mean? This is ours. They don't have any right to be.

Toray (29:49)

Yeah, we know that the Republican Party is completely for white people. Is the Democratic Party completely for black people? Or are we sort of mixed that like cuz we need to pull in white voters as well to survive.

Maxine Waters (30:11)

But here's the answer to that. You have some of our Democrats and you know, a majority of them who have some basic philosophies about life and some basic philosophies about fairness and they belong to the Democratic Party. We have some more conservatives who it is convenient for them to belong to the Democratic Party. They don't always believe what the Democrats are working on, but they vote with you because it is in their best interest to do so for one or two or three reasons. And so when you talk about Democrats versus Republicans, you absolutely have more Democrats that believe in fairness and equality and that no matter what, they should be at least about the business of seeing that children get educated, that there's a decent health care system, that there should be housing on the opposite side of the aisle. They think it's not their fault and that the government spends Too much money now and that those people need to pull themselves up by the bootstraps. No, we shouldn't have public housing paying all this money out for poor people. So there is a difference. There is a significant difference.

Toray (31:28)

So how do you go into the body, go into work and get things done when, you know there's this fault line and it's rare that it's ever crossed?

Maxine Waters (31:41)

Well, you know, we just had, well, four years of not getting anything done. You know, I tried to get this president impeached from the beginning right after the swearing end because having watched him doing the, and the way he talked about and treated human beings, you know, grabbing women by their private parts, mocking and mimicking disabled people, I just couldn't see why folks didn't understand, you know, who this character was and what he was all about.

Toray (32:12)

But they did and they liked it.

Maxine Waters (32:15)

Well, some did. And we had a hardcore, hardcore group that will follow him no matter what he says or what he does. These are your hardcore races, you know what I'm saying? Yes, but we beat them. We beat them because we have more people and blacks understanding the power of the vote and what Stacey Abrams was able to do based on her experience, based on the fact that she'd run for office and know and knew that it had been stolen from her and she went and she didn't stop and she kept working it until we got the numbers and we were able to put, you know, two Democrats into the Senate, which is just unheard of.

Toray (32:58)

Have black people or are black people being sufficiently rewarded for the support to Joe Biden and the Dems that they gave, which led to a Democratic controlled Senate or a 50, 50 Senate and a Joe Biden presidency? Because it's really black folks in Atlanta and Philadelphia and Detroit and Milwaukee who really showed up and made the difference. Are we getting our just due from having given Joe Biden the presidency?

Maxine Waters (33:34)

Well, here's what. And of course we're still early in it and of course time will tell. However, when you take a look at some of the appointments that are being made, some of them are very good. Some I think of them maybe we would have preferred to have a black in. But I think the last count Was there about 12 appointments that we liked an awful lot. And so he said he's got our back, he said we had his back and he's got our back. And so we are looking not only for appointments, but public policy. And so in the $1.9 trillion a response that he's led that's going to get voted out of the House in agreement with what has happened in the Senate and sent to his desk. We like the fact that he didn't back down on the amount because we even had Democrats sometimes who thought that, oh, it's too much money, never going to be able to get it. Republicans thought it was too much money even though they had given tax breaks to the richest people in this country. 1.9 trillion was money. So he stuck with that. And we think that he did good. He's doing good by increasing the testing for COVID 19, making sure that it got into black communities even deeper and more. In this bill, we have substantial money for the vaccines and making sure that they get into all these minority communities, even though a lot of black people are suspicious about the shots. And so so far, he's doing okay. He's got a lot more to do, but he's doing okay.

Toray (35:17)

What can we do to get more black people to be comfortable taking the vaccine? Cuz as you just said, more of us are vulnerable and dying from COVID for social reasons. You know, we're more likely to be essential workers. We're more likely to have preexisting health conditions. We're more likely to be in multifamily homes. And yet a large percentage of us, a good 30 to 35% of us, are like, I'm not taking the vaccine at all. I remember Tuskegee. I remember medical racism. I'm not. And I'm like, you guys. So what can we do to get more black people? Because you've had your shots, right?

Maxine Waters (35:56)

Sure. Had two. Yeah. Pfizer. Yep. And so here's what we have to do. First of all, we have to demonstrate that we are taking our shots and we're asking everybody else to take theirs. We've got to go out to the ministers and the churches and the social clubs and organizations. And it's hard living the way that we're living. But we've got to do everything that we can. I want to. In Los Angeles, I was talking with one of the health centers that's begging. They've got all of this medicine in this center and black people are not showing up, as a matter of fact, because black people are not showing up. Whites are coming from other neighborhoods and they're going into our neighborhoods getting the shots. Because it's available. It's available now. I really do believe that one of the things that will help out, two of the things that will help out, I think the ministers could be a lot more influential. They have the most Number of black people in the, in the religious efforts, in the church on Sunday when the churches are open. But now, if they're doing it virtually however they're doing it, they're in touch. They've got a database, all of these churches. And I think that when the minister says, I'm getting mine and I want everybody at 10 o'clock on Sunday morning, whatever, to be at so and so and so and so to get your. I think it could help a lot. The other thing that I think could help is athletes and entertainers. Entertainers. I think, you know, our hip hop movement still has a lot of power. And I think, you know, you get Cardi b and you know, you get P. Diddy and Jay Z and you get everybody out there and oh God, don't bring Beyonce out there. I mean, come on.

Toray (38:01)

How many times have you been reelected?

Maxine Waters (38:05)

I've been reelected ever since 1991.

Toray (38:11)

Many times. Many times. So, you know, incumbents have a big advantage, but. Right. Like we love aoc. And the other part of that story is that she dethroned a long term incumbent because she let the people know, I'm here for you. How does someone like yourself continue to make sure that the district knows, hey, I'm here for you. I haven't forgotten about you. I'm not just in D.C. i'm here with you guys. How do you maintain your finger on the pulse of what cause? The people in your district have to continue to know that you love them and you think about them.

Maxine Waters (38:48)

Yeah. Before COVID I fly home every weekend. I fly home every weekend. I know my church is in my district. I know every part of my district. I know all the different cities in the district. I know what their needs are. I know the churches in the district. I even work with the chamber of commerce in one of my most conservative areas of my district. I work with the schools in my district. I work with organized labor. I show up and I attend all kinds of community meetings and projects. I mean, I'm a very active. This is my life, this is what I do. The people know me very well. The last election that I had in November, the Republicans and a group of haters decided to come after me and they funded my opposition to the tune of $10 million. And so he went out to try and buy up the community. He did food drives, he did backpacks, he did all kind of stuff. He lied, what have you. But I won handedly because the people know me and they trust me.

Toray (39:53)

What's your superpower? What is the thing that you do better than other folks that has led to the success you've had in life.

Maxine Waters (40:01)

I don't know if I have a superpower, but I am very steeped in a basic philosophy about life. I believe in fairness. I believe that everybody has value. And I believe that people should be treated with respect. And I believe people should not be hungry, that poverty is atrocious and that we should do everything that we can to help people have a basic, decent quality of life. Like to see people taken advantage of. And I have the courage of my convictions and I will say what I need to say. I will do what I need to do.

Toray (40:42)

What are some of the key. So we started talking about this before, but the keys to success as a congressperson. You talk about running up against racism, but you clearly know how to make the body, make the organization work for you when you need it to. What are the keys to anyone being successful as a congressperson?

Maxine Waters (41:02)

Well, you know, I think that what's most important is that you really care about the people that elect you and you show it. You respect them, you listen to them, you respond to them, you have time for them. They have to trust you. To the degree that people trust you, they will support you. And I think those are the basic things that you need to have in order to be successful. And I think people who lie to their constituents, who are dishonest, who, you know, don't really care, it usually catches up with them. It usually catches up one way or the other in some kind of a big old scandal or you know, an arrest or you know, the ones who go out saying that they opposed to abortion and they have a girlfriend who they tried to get to abort a baby, you know what I'm saying? These are the ones that get caught.

Toray (42:00)

What would surprise people about the day to day life of a congressperson?

Maxine Waters (42:05)

Oh, you know what I think would surprise people? And I thought about this not too long ago. I came from a huge family, 12 brothers and sisters. It was 13 of us.

Toray (42:16)

What number were you?

Maxine Waters (42:18)

Number four. But we had to learn to do everything and it was just natural for us. And my mother was a very energetic woman who was extraordinarily independent no matter what. She is married a couple of times, two sets of children, but we learned to do everything. And so I'm never really handicapped. When I get in a situation where I need, I mean, I don't need to have a housekeeper, you know, I can do everything. I scrub floors, I can, you know, I do. Everybody said, what do you do about Makeup. I put my own makeup on. What do you do about your hair? Well, I take care of myself and I don't mind washing dishes and cleaning the house and folding the clothes. I don't mind doing whatever I have to do and whatever, whatever. I learned how to improvise and to deal with taking care of situations when you don't have what is thought to be needed to take care of situations. And so that's what I think people would be surprised about me and my ability to shovel coal.

Toray (43:24)

If I had to, I could do anything. I could do anything. I think the biggest thing that black people need is relief from the war on drugs. Right. And for the police to not be so oppressive in our communities. And I think an important step to that is marijuana legalization. What do you think about the potential in your lifetime, or at least your time on the Hill, of federal marijuana legalization so that we can stop attacking this underground market? Because the underground market will collapse when there is a significant legal market. So what do you think about that?

Maxine Waters (44:02)

We're getting there. And that's in my jurisdiction in financial services because of the need for safe banking. And I'm working with Perlmutter, who is one of the leaders out of Colorado who really, really working on safe banking. And I think that's the key to getting marijuana off of a Schedule 1 list as a dangerous drug kind of thing that will happen. That is going to happen.

Toray (44:28)

Well, you talk about safe banking. That has been one of the problems that. That legal marijuana operations have not been able to have normalized banking operations. So they're carrying cash. It's very dangerous. So how do we let them have normal banking operations? How do we get to that?

Maxine Waters (44:48)

We have a bill. We have a bill. We're working on it. And that's what I referred to when I said Safe Banking Act. We're going to win on that. We're going to get it. We're gonna get it so that they're able to have regular banking to keep them from being at risk of being robbed and all that goes along with handling large sums of cash, et cetera. We're gonna win on that.

Toray (45:12)

You see the votes for that in the Senate.

Maxine Waters (45:15)

Yeah, I think we're gonna win on safe banking. Why? I think we're gonna win on it because it has become an economic concern now. A lot of money is being made and a lot of money can help stimulate the economy and on and on and on. So I think we're going to be.

Toray (45:33)

Able to do it is reparations under Financial services. Is that part of your purview?

Maxine Waters (45:40)

No, it's not. Absolutely. It's in the Judiciary Committee. And John Conyer started out with the study and of course he's no longer with us, but Sheila Jackson Lee has picked it up and now it's in the studying stage still. But it comes out of Judiciary Committee and that's a difficult one. But we have to keep going. We have to keep going.

Toray (46:03)

Dream legislation for you. If you could say, I'm gonna wave my magic wand, I'm gonna make this happen, what would be dream legislation for you?

Maxine Waters (46:16)

Well, quality of life is one of my greatest concerns. And just as you talk about whether or not there can be money that is is basically given to our constituents on a monthly basis, I wish everybody had an income, but whether it is private government or it is government assisted, that they could count on having a decent quality of life where they would have food on the table, they could pay their rent, they could have, you know, time to spend with their children, vacation time, basically a decent quality of life. If I had my brothers, I would make sure that we would have a guaranteed income for everybody.

Toray (47:09)

I mean, that sounds amazing. So is that your what is your number one priority of the things that you are working on now or thinking about drafting? What is your number one priority for the next two to three years legislatively.

Maxine Waters (47:24)

Of things. But number one, right now I'm dealing with COVID and having worked on rental assistance and stimulus money and all of that, because I'm there and because Nydia Velasquez is there, we were able to target money to what Is known as MDIs and CDFIs. These are your minority banks, and these are your small organizations that lend money in the community. And they didn't have the liquidity to be able to do that. And so we were able to snatch money out of that First Cares Act. Even though the large banks were giving it away to their premier clients and creating portals for them, we were able to put more money into it and get $60 billion and get it to them. So this is very important that I always continue to support small minority businesses. That the access to capital is what's going to make us able to have businesses where we can deal with this wealth gap that we have. And we may never be able to get rid of it unless we are very consistent in the way that we pay attention to it and we deal with it. I work on that. I created a subcommittee of my committee when I took it over of diversity and inclusion because I want to open up opportunities in the private sector and in the government, particularly in the financial services area, for upward mobility, opportunity for minorities, blacks and women, et cetera, et cetera. That's high on my agenda, if we can. Years ago, we started out with something called affirmative action that just got killed. And so now we're coming back. We're coming back with diversity and inclusion. And we're getting corporations to say, well, you know, we're discovering that it's good for the bottom line. To the degree that we don't exclude, we probably can do even better. So some are saying that some now are creating departments inside the banks and financial institutions. That is a diversity and inclusion department, others identifying people or individuals to lead up efforts inside the corpor, et cetera. And so my dream is that we could get rid of this discrimination in financial services and in business so that people can realize their potential and earn good money.

Toray (50:01)

And that's so huge. That's so huge because if we can get loans to buy homes, to start businesses at similar rates at equal proportions to white people, then we will have a more equal plane to be able to build wealth and to try to create companies that change the country. I mean, because that wealth gap is a very almost tangible aspect of it all. There's so much of systemic racism that's like so abstract. How do we approach that? But the wealth gap and the banking aspect in it, that. And I was just listening to a brother talk about how insurance companies are quite often the backstop of racism. That a given company said, well, we can't be racist. But then the insurance company says, well, we can't insure that. We cannot insure a home in that area. And that way racism is able to perpetuate.

Maxine Waters (51:02)

That's where you see the most harm that has really created. Created a deep systemic racist society. The withholding, the ability to get capital, to get loans, to be gouged and have to pay more for your interest rates, taking more from your salaries. Everywhere you look in poor communities, there's somebody ripping folks off for trying to get every penny from them that they can and basically really trying to take the money from the people who least need to be stolen from. But this wage gap that we're talking about, it is a combination of these things that have created the systemic racism that keeps us from avoiding being able, rather to have wealth.

Toray (51:57)

What do you make of what we're talking about comes from a government program, 1950s, the FHA, giving money, 95% of it to white people to buy homes and create wealth. Black people getting little to none of that money. Those are the grandparents and great grandparents of people who are around today. If your grandparents owned a home, you're more likely to be wealthy than if they didn't. And we were blocked from all that money. And this is our government creating that.

Maxine Waters (52:28)

You're absolutely right. Government has been just as guilty as the private sector with racism and exclusion. And to the degree that they were able to help with racism, they've done that in so many instances.

Toray (52:52)

Thank you so much to the congresswoman for a great interview. Thanks to you for listening. Thanks to our super producers, Britt Marcus Harkus, Noel Sam Montes, Jason Reynolds, Gurville Calais, Michelle, Brenda Cox, Kathy F. Keenan Murphy, Earl Dorsey and Theo Tokis. Torre's show gives you fuel to power your dreams because you can use your dreams like a rocket ship to blast you into a life you never imagined. You can make your dreams a reality and this show can help. You can find me on Twitter ore and on Instagram at Torre show. Torre show is written by me, Torre and produced by Jackie Garrafano. Our editor is Ryan Woodhull. Our photographers are Chuck Marcus and Shanta Covington. Our booker is Claudia Jean and we're distributed by DCP Entertainment. And we will be back on Friday and on Wednesday with more amazing guests because the man can't shut us down.