Maxine Waters

The race to be the top House Financial Services Democrat could shape up to be a free-for-all. Rep. Maxine Waters, 88, who has spent decades on the committee, faces a challenge from Rep. Sean Casten, 54, and a potential bid from Rep. Bill Foster, 71, a more moderate panel member. And Rep. Joyce Beatty, a longtime ally of Waters and senior member on the panel, has been encouraged by some Democratic lawmakers and lobbyists to run, although she would only jump in the race “contingent on the current chairwoman not being able to have enough votes,” said a House Democratic staffer close to the committee granted anonymity to discuss the sensitive dynamics. A spokesperson for Beatty said in a statement she’d be voting for Waters as chair. Waters, a resistance icon and accomplished legislator, meanwhile, is already shoring up support. “Unless there is an individual who brings the unrivaled experience and tantalizing toughness of Maxine Waters, I look forward to supporting her,” Rep. Emanuel Cleaver, a member of both Financial Services and the Congressional Black Caucus, said in a statement. The 50-plus member CBC is likely to bolster Waters’ bid, and Waters could also leverage her Los Angeles-area seat for support from the 43 Democrats in California’s congressional delegation. Beatty is also a CBC member. Waters and her team have also been making calls this week to recruit members to whip for her, including moderate Rep. Josh Gottheimer and progressive Rep. Ayanna Pressley, according to two people with knowledge of her outreach. Waters is an outspoken progressive who can also tout a track record of dealmaking with Republicans. By tapping two members on opposite ends of the ideological spectrum, she is casting herself as a unifier. On policy, Casten generally aligns with Waters. But his backers insist he has a unique lane given a caucus-wide appetite for generational change. One senior House Democrat, granted anonymity to speak candidly, said they believe Casten will make the race a fight, and described a “widespread perception” in the caucus that octogenarians hanging on to leadership roles is “just selfish, and is not in the best interests of our caucus. We need to have the best team on the field.” In 2024, a slate of younger House Democrats successfully challenged aging incumbents by pitching themselves as the fresh, energetic faces of their committees. At that time, Minority Leader Hakeem Jeffries stayed out of the fray , and he might again. A Jeffries spokesperson did not return a request for comment. What else we’re watching: — HOUSE DEMS LOOK FOR CLARK TO BRING 'ORDER': Democrats’ No. 2 leader wants a chamber reset after four years of routine floor meltdowns and speaker revolts in a GOP-controlled House. But if Democratic majority materializes, it will include progressives like Rep. Katherine Clark herself, as well as “majority-maker” moderates and a crop of new leftist lawmakers. “To handle a couple hundred members of Congress is no kid job,” modera