Sen.-elect Warren to serve on influential Banking Committee

Warren originally came to Washington as head of the government's official bailout watchdog, and later served as President Obama's architect of the Consumer Financial Protection Bureau (CFPB), which was created by the Dodd-Frank financial reform law.

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She had to drop out of the running to lead the CFPB and, ultimately, decided to run against Brown. 

Heitkamp also will join both the Agriculture and Small Business panels. 

“I am excited to work with the members of our expanded majority. Our caucus is more diverse than ever, with a record 16 female Democratic senators serving in the next Congress,” said Senate Majority Leader Harry ReidHarry ReidConservative Senate candidate calls on GOP to end filibuster Ex-Reid aide: McConnell's 'original sin' was casting ObamaCare as 'partisan, socialist takeover' GOP faces growing demographic nightmare in West MORE (Nev.). 

"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."

The powerful Senate Finance Committee added Sens. Sherrod BrownSherrod BrownGOP Senate candidate attacks Anti-Defamation League for ‘witchhunt' on far right Senate Banking leaders introduce flood insurance bill Major progressive group endorses Martha McSally challenger MORE (D-Ohio) and Michael BennetMichael BennetTax credits bring much needed relief Senate Dem: No clarity, 'little competence' behind travel ban Dems step up attacks on GOP ObamaCare bill MORE (D-Colo.), replacing the retiring Sens. Kent Conrad (D-N.D.) and Jeff Bingaman (D-N.M.).

Bennet, who was appointed to the seat in 2009 and elected in 2010, will shift from banking to finance. He picked up the plum seat after agreeing to take the reins of the Democratic Senatorial Campaign Committee. 

“He has proven himself to be an up-and-coming leader who is always willing to reach across party lines,” Baucus said.  

Baucus also praised Brown, who won a second six-year term in November, as "a fierce advocate for of the middle class."

Brown, who has opposed trade deals over concerns that they would force companies to ship jobs overseas, backed a bill last week to grant permanent normal trade relations (PNTR) with Russia. He argued that the bill included improvements over other PNTR deals and that it will help U.S. exporters.

“My biggest priority is to help build the middle class, and this committee provides a great opportunity to do so: from ensuring a fair tax code, to standing up for Ohio's manufacturers and workers when it comes to foreign trade, to protecting Social Security and Medicare,” Brown said. 

Senate Agriculture added Indiana's Joe DonnellyJoe DonnellyIndiana GOP rep: Likely primary opponent 'lying about my family' Dem senator to sell stock in family company that uses outsourced labor Vulnerable senators raise big money ahead of 2018 MORE, while Appropriations added three to its rolls, all returning lawmakers: Sens. Tom UdallTom UdallFCC chair: Trump hasn't tried to intervene on Time Warner merger Overnight Finance: GOP divided over welfare cuts in budget | Lawmaker loses M on pharma stock he pitched | Yellen says another financial crisis unlikely in our lifetimes Overnight Regulation: EPA moves to repeal Obama water rule | Labor chief to review overtime rule | Record fine for Google MORE (N.M.), Jeanne Shaheen Jeanne ShaheenOvernight Defense: Trump gets briefing at Pentagon on ISIS, Afghanistan | Senate panel approves five defense picks | Senators want Syria study in defense bill Gore wishes Mikulski a happy birthday at 'Inconvenient Sequel' premiere Senators ask for Syria policy study in defense bill MORE (N.H.) and Jeff MerkleyJeff MerkleyOPINION | Shailene Woodley: US should run on renewable energy by 2050 Gore wishes Mikulski a happy birthday at 'Inconvenient Sequel' premiere Callista Gingrich touts Trump's commitment to environment despite Paris deal pullout MORE (Ore.).

Sen. Patty MurrayPatty MurrayReport: minimum wage bill would benefit 20.7 million workers in 21 states Lawmakers send McCain well wishes after cancer diagnosis Trump labor board nominees advance in Senate MORE (Wash.), the new chairman of the Budget Committee, will add newly elected Sens. Tammy BaldwinTammy BaldwinSteel industry urges House panel to adopt 'Buy America' rules Major progressive group endorses Martha McSally challenger Vulnerable senators raise big money ahead of 2018 MORE (Wis.), Tim KaineTim Kaine40 million fewer people expected to vote in 2018, study finds Al Gore warns Democrats about accusing Trump of treason Administration briefs Senate on progress against ISIS MORE, the former governor of Virginia who won a tight race against former Sen. George Allen, and Angus KingAngus KingWeek ahead: Senate defense bill faces delay Trump ally LePage may run for Senate in Maine Senate confirms Trump's 'regulatory czar' MORE, an independent who opted to caucus with Democrats. 

All survived close races to earn their first term in the upper chamber. 

The Joint Economic Committee will add freshman Sen. Chris MurphyChris MurphyDem suggests Trump focusing on Clinton, Sessions to distract from healthcare Senate Dems question admin over funding anti-ObamaCare effort Dems see huge field emerging to take on Trump MORE (Conn.) and Sen. Martin Heinrich, a House member since 2009, who takes Bingaman's spot. 

The Democratic Steering Committee approved the assignments on Wednesday. 

The assignments are subject to approval by the full Democratic Caucus and approval of an organizing resolution by the full Senate when the 113th Congress convenes in January.