Honest, paywall-free news is rare. Please support our boldly independent journalism with a donation of any size.
In a major victory for progressives in the U.S., Senator-elect Elizabeth Warren (D-MA) is set to take a seat on the Senate’s Banking Committee, sources tell The Huffington Post . Four sources confirmed the news to the media outlet’s Ryan Grim.
Warren was elected in November after a hard-fought battle with Scott Brown (R-MA). She has built her career on being a progressive who fights against banks and big money. Warren was attacked during the election by the likes of the US Chamber of Commerce, who called her a “threat to free enterprise.”
Back in 2010, Warren was widely thought to be the first director of the newly established Consumer Financial Protection Bureau, a government agency tasked with regulating protection for American consumers. But her expected appointment was scuttled after opposition emerged from Republicans and President Obama decided not to tap her for the seat.
But now she’ll be on the Senate Banking Committee, where, as The Huffington Post notes, Warren will have “influence over regulators and the industry that non-panel members don’t enjoy.”
Media that fights fascism
Truthout is funded almost entirely by readers — that’s why we can speak truth to power and cut against the mainstream narrative. But independent journalists at Truthout face mounting political repression under Trump.
We rely on your support to survive McCarthyist censorship. Please make a tax-deductible one-time or monthly donation.