Nearly two years after Wall Street waged a successful campaign to keep consumer advocate Elizabeth Warren from running the Consumer Financial Protection Bureau, the incoming senator will be tapped to serve on the Banking Committee, according to four sources familiar with the situation. It’s a victory for progressives who battled to win her a seat on the panel that oversees the implementation of Dodd-Frank and other banking regulations.
Warren knocked out Republican Sen. Scott Brown of Massachusetts in the most expensive Senate contest of 2012, with Wall Street spending heavily to beat Warren, a former Harvard law professor.
Sources also told HuffPost that Sen. Joe Manchin (D-W.Va.) will be named to the panel.
- charlieharley likes this
- lafaux likes this
- beemill likes this
- omggop reblogged this from shihtzuman
- omggop likes this
- shihtzuman reblogged this from sarahlee310
- shihtzuman likes this
- secular-paladin reblogged this from sarahlee310
- secular-paladin likes this
- soredtherose reblogged this from sarahlee310 and added:
- redshift-13 likes this
- chaosgeneration likes this
- politicalmachine likes this
- careful-with-that-blog-eugene reblogged this from sarahlee310
- jacobwren likes this
- qbits reblogged this from sarahlee310
- qbits likes this
- andrewgraham likes this
- theamericanbear likes this
- sarahlee310 posted this