Official: Warren likely headed to Banking Panel

December 4, 2012 @ 12:21 pm


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Associated Press

BOSTON (AP) - Senate Majority Leader Harry Reid wants Massachusetts Sen.-elect Elizabeth Warren to join the Banking Committee.

A Senate Democratic official confirmed Tuesday that Warren's appointment was likely, but cautioned nothing was final until the Democratic caucus approves the move. The official spoke on condition of anonymity because no announcement has been made.

A favorite of the party's liberal wing, Warren's likely committee assignment is already winning praise from progressive groups. The Senate Banking Committee oversees the implementation of the so-called Dodd-Frank financial system overhaul and other banking regulations.

Warren was an outspoken advocate for the Obama administration's newly created Consumer Financial Protection Bureau last year, but Republican opposition helped prevent her from becoming leader of bureau.

Warren defeated Massachusetts Sen. Scott Brown, a Republican, and takes office in January.


(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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Comments (4)


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  • TwoTrees wrote...
    "Warren was an outspoken advocate for the Obama administration's newly created Consumer Financial Protection Bureau last year..."
    December 4, 2012 9:02 am
    Oh, goody! I feel safer already...
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Rangerhawk wrote...
    Another great achievement
    December 4, 2012 2:17 pm
    For women of color.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Hayduke wrote...
    Good.
    December 5, 2012 8:52 am
    It's about time we get someone in the to put a boot on the necks of Wall Street and the banksters.

    Or perhaps your righties want to see history repeat itself, and bail out Wall Street again?

    Because that's EXACTLY what will happen if you don't tighten the reins on them.

    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Forrest wrote...
    I hope to call Elizabeth Warren...
    December 5, 2012 11:17 am
    President someday.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • { "Thumbs Up":"1","Thumbs Down":"-1" }