General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSen. Warren Gets More Influence On Economic Policy---Named Ranking Member Of Banking SubCommittee
Sen. Elizabeth Warren (D-MA) has been named as the ranking member on a Senate Banking subcommittee overseeing employment, price stability, and economic growth.
The new position as the ranking member on the Banking committee's subcommittee on Economic Policy will further cement Warren's role as one of the more powerful Democrats on economic policy. Warren has made Wall Street's influence in the halls of Congress her signature issue.
One of her more notable moments in the Senate was her grilling financial regulators and banking chiefs. More recently she has fought tooth and nail to prevent measures rolling back parts of Dodd-Frank from becoming law. Warren already has a role at the Democratic leadership table that was custom made for her by Senate Minority Leader Harry Reid (D-NV).
Warren's appointment to the subcommittee was announced by Sen. Sherrod
Brown (OH), the ranking Democrat on the Banking Committee, on Friday. The subcommittee was actually the first subcommittee Brown chaired when he joined the Banking Committee.
http://talkingpointsmemo.com/livewire/elizabth-warren-banking-subcommittee-economic-policy
merrily
(45,251 posts)the minority chaired by Sherrod Brown.
Loads of power.
http://www.banking.senate.gov/public/index.cfm?Fuseaction=CommitteeInformation.Subcommittee&Subcommittee_ID=d7d38747-f226-46f4-8aaa-c06fae94bf41
I am fine with Senator Brown, but I don't know what all the pr about Warren's alleged power is supposed to be doing. Placating "the left of the left," like the new title they created for her a while back?
Jackpine Radical
(45,274 posts)and turn in her Ranking Member's Magic Sceptre if she were to descend to the presidency.
merrily
(45,251 posts)Don't forget her other new post, alleged liasion between Senate Democrats and the left. (Was it supposed to placate the left that Senate Democrats need a liaison to the left?)
Jackpine Radical
(45,274 posts)In fact I hadn't thought about it much at all, beyond viewing it as a rather meaningless position that was cooked up to admit her a little further into the workings of the party leadership, Reid maybe operating on the principle of "Keep your friends close and your potential adversaries even closer."
But you're right--the Dems need a liaison to the--LEFT?
merrily
(45,251 posts)But, why on earth would the left want to lose its liasion to the Senate Democratic caucus AND its representation on the minority membership of a subcommittee? With that kind of power all in one Senator, why on earth would the left shoot itself in the foot by continuing to want Warren to oppose Hillary in primary?
Jackpine Radical
(45,274 posts)merrily
(45,251 posts)awake
(3,226 posts)This will become a very powerful spot for her for many many years this is good news. While I think she would make a great President like Senator Ted Kennedy did before her she will in the long run do much to help improve this country.