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Warren Heading to Seat on Senate Banking Committee

Joseph McCafferty | December 5, 2012

Wall Street gadfly turned Massachusetts Senator-elect, Elizabeth Warren, will reportedly take a seat on the Senate Banking Committee after she is sworn into office in January, according to reports by Bloomberg and the Boston Globe.

While the news was leaked by Democratic aides, Warren has been considered as a likely candidate for a Banking Committee seat ever since she defeated Senator Scott Brown in November. The former Harvard Law professor was a main architect of the Consumer Financial Protection Bureau, a consumer watchdog for the financial industry that was part of the Dodd-Frank Act, and helped get the agency off the ground as an adviser to the Obama Administration.

Her appointment is unlikely to go over... To get the full story, subscribe now.