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 ReidOvernight Defense: VA chief 'deeply' regrets Disney remark; Senate fight brews over Gitmo Overnight Healthcare: House loosens pesticide rules to fight Zika | A GOP bill that keeps some of ObamaCare | More proof of pending premium hikes The Trail 2016: Digging up dirt 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 BrownThe Trail 2016: Dems struggle for unity House Dems urge Senate panel to vote on Ex-Im Bank nominee Reid throws wrench into Clinton vice presidential picks MORE (D-Ohio) and Michael BennetMichael BennetGOP ad calls Clinton 'a living history of scandal' Trump, GOP agree: ObamaCare helps us GOP hopefuls struggle with support of Trump 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 DonnellyThis week: GOP lawmakers reckon with Trump Democrats block energy spending bill over Iran amendment GOP blocks Obama sanctions czar MORE, while Appropriations added three to its rolls, all returning lawmakers: Sens. Tom UdallTom UdallHouse, Senate roll out chemical safety compromise Overnight Energy: Lawmakers closing in on chemical safety deal Lawmakers near compromise on chemical safety overhaul MORE (N.M.), Jeanne Shaheen Jeanne ShaheenDems discuss dropping Wasserman Schultz Senate panel approves funding boost for TSA Dems: Warren ready to get off sidelines MORE (N.H.) and Jeff MerkleyJeff MerkleyDems discuss dropping Wasserman Schultz Sanders pans chemical safety reform deal The Trail 2016: Sanders who? MORE (Ore.).

Sen. Patty MurrayPatty MurraySenate passes broad spending bill with .1B in Zika funds The Hill's 12:30 Report Senate approves Zika funds MORE (Wash.), the new chairman of the Budget Committee, will add newly elected Sens. Tammy BaldwinTammy BaldwinDem introduces bill to block new government hacking powers The Trail 2016: The campaign that never sleeps Dem senator: 'I am a human being and a superdelegate’ MORE (Wis.), Tim KaineTim KaineDems discuss dropping Wasserman Schultz Reid throws wrench into Clinton vice presidential picks Republicans sue to stop felons from voting in Virginia MORE, the former governor of Virginia who won a tight race against former Sen. George Allen, and Angus KingAngus KingHouse, Senate at odds on new authority for cyber war unit House defense bill elevates cyber force, defying White House Overnight Cybersecurity: Obama signs trade secrets bill 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 MurphyWeek ahead: Pressure builds on Zika funding Dems pressure Obama on vow to resettle 10,000 Syrian refugees Trump aide: Taco tweet meant ‘in the spirit’ of Cinco de Mayo 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.