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Nightmare on Wall Street: Warren gains Banking Committee seat
http://tv.msnbc.com/2012/12/04/shes-back-warren-returns-to-wall-street-regulation-with-banking-committee-seat/
Two years ago, Wall Street chased Elizabeth Warren off the Consumer Financial Protect Bureau that she’d proposed in the wake of the 2008 financial crisis.
Her Wall Street haters then followed her into the hotly contested Massachusetts Senate race, pouring money into her opponent’s coffers in hopes of keeping her out of office.
Now, in spite of her opponents’ efforts, Warren will take a seat on the Banking Committee where she will oversee the implementation of Dodd-Frank and other banking regulations, the Huffington Post reported, according to four sources.
Sens. Herb Kohl, D-Wis., and Daniel Akaka, D-Hawaii, will leave the committee at the end of this year, so Democrats have two committee spots to fill before the next Congress begins. Wall Street reportedly pushed hard to keep Warren off the committee.
Requests for comment to Warren, Sen. Harry Reid, and Sen. Jack Reed, a banking committee member who pushed for Warren’s appointment, were not immediately returned.
Two years ago, Wall Street chased Elizabeth Warren off the Consumer Financial Protect Bureau that she’d proposed in the wake of the 2008 financial crisis.
Her Wall Street haters then followed her into the hotly contested Massachusetts Senate race, pouring money into her opponent’s coffers in hopes of keeping her out of office.
Now, in spite of her opponents’ efforts, Warren will take a seat on the Banking Committee where she will oversee the implementation of Dodd-Frank and other banking regulations, the Huffington Post reported, according to four sources.
Sens. Herb Kohl, D-Wis., and Daniel Akaka, D-Hawaii, will leave the committee at the end of this year, so Democrats have two committee spots to fill before the next Congress begins. Wall Street reportedly pushed hard to keep Warren off the committee.
Requests for comment to Warren, Sen. Harry Reid, and Sen. Jack Reed, a banking committee member who pushed for Warren’s appointment, were not immediately returned.
Wall street HATES her cus she's TOUGH and all for regulations....
I had heard something about this earlier but not the details. Yes I think this is good news too.
Ha! Good for her. This is what she does BEST!......Good to see the Dems have qualified women for their committees....
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