Ocasio-Cortez announced his task in a tweet on Tuesday night.
"I am very grateful for the opportunity to sit on this committee as a freshman and look forward to working under the leadership of @RepMaxineWaters!"
In another tweet, she wrote: "Personally, I look forward to digging into the student loan crisis, investigating for-profit prisons / ICE detention and exploring the development of public and postal services. To start."
Committee which is now under the democratic leadership of the California Rep. Maxine Waters is being closely watched as the party weighs how it will use its supervisory power to investigate various parts of President Donald Trump's administration and personal finances. The Committee also deals with financial regulations, although the prospect of a sweeping reform is subdued as the Republicans control the Senate.
Last week, Politico reported that Ocasio-Cortez was looking for space in the powerful way and committees disrupting some veteran house democrats who typically award seats to that panel for several veteran legislators.