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.

ADVERTISEMENT
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 ReidThe Memo: Trump pulls off a stone-cold stunner The Memo: Ending DACA a risky move for Trump Manchin pressed from both sides in reelection fight 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 Campbell Brown'Hillbilly Elegy' author won't run for Senate Brown, Portman urge Trump administration to move quickly on a steel decision Dems call on DeVos to work with CFPB to protect student borrowers MORE (D-Ohio) and Michael BennetMichael Farrand BennetGOP eying 'blue slip' break to help Trump fill the courts NFL star claims he was victim of 'abusive conduct' by Las Vegas police Gardner throws support behind DREAM Act 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 DonnellyJoseph (Joe) Simon DonnellyGOP sees fresh opening with Dems’ single payer embrace Trump steps up courtship of Dems Trump having dinner with Schumer, Pelosi on Wednesday MORE, while Appropriations added three to its rolls, all returning lawmakers: Sens. Tom UdallThomas (Tom) Stewart UdallIT modernization measure included in Senate-approved defense policy bill Live coverage: Sanders rolls out single-payer bill Where Dems stand on Sanders's single-payer bill MORE (N.M.), Jeanne ShaheenCynthia (Jeanne) Jeanne ShaheenWeek ahead: Crunch time for defense bill’s cyber reforms | Equifax under scrutiny Five things to know about the Kaspersky-Russia controversy DHS bans Kaspersky software in federal agencies MORE (N.H.) and Jeff MerkleyJeffrey (Jeff) Alan MerkleySenate Dems hold floor talk-a-thon against latest ObamaCare repeal bill Overnight Defense: Senate passes 0B defense bill | 3,000 US troops heading to Afghanistan | Two more Navy officials fired over ship collisions Senate passes 0B defense bill MORE (Ore.).

Sen. Patty MurrayPatricia (Patty) Lynn MurrayWeek ahead: Senators near deal to stabilize ObamaCare markets Policymaking commission offers a glimmer of hope in hyper-partisan Washington Dems call on DeVos to work with CFPB to protect student borrowers MORE (Wash.), the new chairman of the Budget Committee, will add newly elected Sens. Tammy BaldwinTammy Suzanne BaldwinSenate Dems hold floor talk-a-thon against latest ObamaCare repeal bill This week: Senate wrapping up defense bill after amendment fight Week ahead: Senate to wrap up defense bill MORE (Wis.), Tim KaineTimothy Michael KaineWeek ahead: Crunch time for defense bill’s cyber reforms | Equifax under scrutiny Insurer Anthem to cover bare ObamaCare counties in Virginia Senate votes down Paul's bid to revoke war authorizations MORE, the former governor of Virginia who won a tight race against former Sen. George Allen, and Angus KingAngus Stanley KingSenate's defense authorization would set cyber doctrine Washington dysfunction is damaging national security Booker signs on to Sanders's 'Medicare-for-all' 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 MurphyChristopher (Chris) Scott MurphySenate Dem: Graham-Cassidy is an 'intellectual and moral garbage truck fire' Dems call for action against Cassidy-Graham ObamaCare repeal Murphy fires back at Trump on filibuster 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.