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Ocasio-Cortez to join House panel overseeing financial sector



Rep. Alexandria Ocasio-Cortez Alexandria Ocasio-CortezOn The Money: Shutdown hits Day 24 | Trump touts for wall in speech to farmers | Poll numbers sag | House Dems push stopgap bills | How the shutdown could harm the economy TSA absences raise stakes for deal Hillicon Valley: Dem blasts groups behind Senate campaign disinformation effort | FCC chief declines to give briefing on location data sales | Ocasio-Cortez tops lawmakers on social media | Trump officials to ease drone rules Media makes up controversies to avoid criticism of Ocasio-Cortez MORE (DN.Y.) Is closed to join the committee leading the House's oversight of US banks, lenders and financial markets.

Ocasio -Cortez has been recommended by Democratic leaders for a spot on the House Financial Services Committee, a Democratic source duty The Hill on Tuesday. The full roster of Democrats joining the committee is expected to be released as soon as Tuesday night.

Ocasio-Cortez customs Hill.TV in November that she has expressed interest in the Financial Services panel to the Democratic Steering and Policy Committee, which is out of place on House committees. Politico reported last week that Ocasio-Cortez was "poised to win" on the Financial Services panel.

Rep. Maxine Waters Maxine Moore WatersBlack Caucus sees power grow with new Democratic majority House committee chiefs press Mnuchin for answers on sanctions relief for Russian oligarch Dershowitz: Democrats should not use as partisan tactical MORE (D-Calif ., chairwoman of the House Financial Services Committee, has pledged to fight against the Trump administration's rollbacks of post-crisis bank rules. The assignment will give the influential democratic freshman a powerful perch to push her party towards the left on critical financial issues.

While New Yorkers often land seats on the Financial Services panel, those who are often more sympathetic to Wall Street. Ocasio-Cortez, a Democratic-Socialist, often refuses to accept corporate donations and criticizes colleagues with close ties to the financial sector.

Ocasio-Cortez spoke out against a GOP proposal to dismantle the 2010 Dodd-Frank Wall Street reform law in 2017, and supports reimposing a 1930s separation of investment and consumer banking. She's also advocated for drastic expansion of federal housing aid, a top priority for Waters.


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