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Representative Maxine Waters said fixing Fannie Mae and Freddie Mac would top her list of priorities if Democrats take control of the House in this year’s mid-term elections and she becomes leader of the Financial Services Committee next year.

Housing-finance reform is “very important to me,” the California lawmaker said in response to a question Wednesday at a CNBC Capital Exchange event in Washington. Waters, the top Democrat on the powerful House panel, would be in line to take the chairmanship if Republicans are swept out of power.

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