Rep. Ocasio-Cortez says to serve on financial services panel

Virginia Carson
January 16, 2019

It oversees big banks, lending, & the financial sector, ' she wrote.

Representative Maxine Waters, a California Democrat, will lead the financial services panel.

Ocasio-Cortez wants to raise taxes to pay for her "Green New Deal", a fiscal juggernaut ostensibly aimed at fighting climate change that could dwarf Great Society expenditures.

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She added: "Personally, I'm looking forward to digging into the student loan crisis, examining for-profit prisons/ICE detention, and exploring the development of public & postal banking".

Their reported appointments to the House Financial Services Committee would be a setback for the industry, which had hoped the committee would be filled by moderate Democrats more sympathetic to their issues.

In that same interview, Ocasio-Cortez advocated for a higher top marginal income tax rate on the most wealthy taxpayers - floating a 60 or 70 percent on income over $10 million as one possibility. In that short span of time she's become a popular figure in the Democratic Party and a media darling, praised by the left and often criticized by right.

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She is second only to the president, Axios found, when it measured the Twitter star power of several politicians.

The back-and-forth started when Trump was asked Monday about Ocasio-Cortez, D-N.Y., recently saying there is "no question" Trump is a racist.

The 29-year-old Democratic socialist claimed on Twitter that she understood Trump "like the back of my hand", comparing him to men she encountered bartending in NY. "You know, like, 'We're going to take her down.' Dude, you're all out of bullets, you're all out of bombs, you're all out of all this stuff".

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"I bartended for *years* in New York City", the congresswoman wrote in a tweet.

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