Elizabeth Warren Wins Senate Banking Committee Seat

There’s a new Sheriff on Wall Street, and she’s not going to take any bull from the shady CEO’s that have been ripping us off!

According to The Huffington Post, Senator Warren’s seat win means she’ll rule and regulate the same people that spent millions to campaign against her:

Nearly two years after Wall Street waged a successful campaign to keep consumer advocate Elizabeth Warren from running the Consumer Financial Protection Bureau, the incoming senator will be tapped to serve on the Banking Committee, according to four sources familiar with the situation. It’s a victory for progressives who battled to win her a seat on the panel that oversees the implementation of Dodd-Frank and other banking regulations.

Warren knocked out Republican Sen. Scott Brown of Massachusetts in the most expensive Senate contest of 2012, with Wall Street spending heavily to beat Warren, a former Harvard law professor.

Sources also told HuffPost that Sen. Joe Manchin (D-W.Va.) will be named to the panel.

Warren’s ascension to the panel gives her influence over regulators and the industry that non-panel members don’t enjoy.

Congratulations Senator Warren.

Images via WENN