Rep. Sean Casten privately told Rep. Maxine Waters this week that he would not challenge her for the House Financial Services gavel next year, according to two people with knowledge of the exchange, batting down speculation that he will run against her if Democrats take back the House.

The revelation comes after Punchbowl News reported that Casten is weighing a bid to challenge Waters for the top spot on the Financial Services panel. Waters, 88, heard rumors this week about Casten considering a challenge and asked him Thursday afternoon if he planned to run against her, one of the people said. He indicated he would not, the person said.

Yet…

Read the full article at POLITICO.COM