The announcements came after the Senate's Democratic Steering Committee approved new rosters Wednesday.
"These committee assignments will allow all members of our caucus to bring their unique talents and expertise to bear as we work together to advance the interests of the middle class."
Incoming Sens. Chris Murphy (D-Conn.) and Joe Donnelly (D-Ind.) will also join the HELP and Aging panels, respectively.
The assignments are subject to approval by the Democratic Caucus and a resolution of the full Senate in January.
Baldwin, Donnelly and Murphy are currently serving in the House.