Warren to join Finance panel overseeing taxes, health care

Warren to join Finance panel overseeing taxes, health care
© Greg Nash

Sen. Elizabeth WarrenElizabeth WarrenFederal Reserve officials' stock trading sparks ethics review Manchin keeps Washington guessing on what he wants Warren, Daines introduce bill honoring 13 killed in Kabul attack MORE (D-Mass.) will join the Senate Finance Committee, giving her a prominent platform to push forward progressive proposals on tax policy and health care.

Warren will be one of roughly a dozen Democrats to sit on the Finance panel, which has jurisdiction over taxes, trade policy, health insurance, Social Security and safety net programs.

“Senator Warren has been a tireless advocate for the middle class and I look forward to working with her on a range of issues, particularly fixing our broken tax code and ensuring billionaires and mega corporations pay their fair share,” said Sen. Ron WydenRonald (Ron) Lee WydenWant a clean energy future? Look to the tax code Democrats brace for toughest stretch yet with Biden agenda Lawmakers lay out arguments for boosting clean energy through infrastructure MORE (D-Ore.), the incoming chairman of the Finance panel, in a statement.

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“Income inequality will be a major focus of my legislative and investigative work, and Senator Warren will certainly play a significant role in advancing this agenda.”

Warren’s new role will give her a powerful perch to oversee another slice of the financial sector, the health care industry, and other influential industries that she has long targeted for sweeping change.

As a 2020 presidential candidate, Warren supported raising income taxes on wealthy individuals, eliminating provisions derided by progressives as loopholes for the rich, and imposing a wealth tax. She also supported creating a single-payer health care system. 

“Senator Warren's longstanding commitment to affordable health care and accountability for entrenched special interests will also be a welcome addition as the committee works to lower health care costs for families,” Wyden said.

Warren will also retain her seat on the Senate Banking Committee, which oversees banks, credit unions, lenders, the investment industry, housing policy and urban development. She will be one of a handful of senators to serve on both the Finance and Banking committees, including Sens. Sherrod BrownSherrod Campbell BrownAdvocates call on top Democrats for 0B in housing investments Democratic senators request probe into Amazon's treatment of pregnant employees Wyden releases new tax proposals as Democrats work on .5T bill MORE (D-Ohio), Mike CrapoMichael (Mike) Dean CrapoThe Energy Sector Innovation Credit Act is an industry game-changer The 19 GOP senators who voted for the T infrastructure bill Wyden asks White House for details on jet fuel shortage amid wildfire season MORE (R-Idaho) and Pat ToomeyPatrick (Pat) Joseph ToomeyBlack women look to build upon gains in coming elections Watch live: GOP senators present new infrastructure proposal Sasse rebuked by Nebraska Republican Party over impeachment vote MORE (R-Pa.).

Warren will be joined on the Banking Committee by Sens. Jon OssoffJon OssoffStacey Abrams backs Senate Democrats' voting rights compromise Herschel Walker's entrance shakes up Georgia Senate race Herschel Walker files paperwork to run for Senate in Georgia MORE (D-Ga.) and Raphael WarnockRaphael WarnockThe Hill's 12:30 Report - Presented by Facebook - Polls open in California as Newsom fights for job Stacey Abrams backs Senate Democrats' voting rights compromise Warnock picks up major abortion rights group's endorsement in reelection bid MORE (D-Ga.), who won January runoff elections to give Democrats a slight Senate majority.

Sen. Brian SchatzBrian Emanuel SchatzHotel workers need a lifeline; It's time to pass The Save Hotel Jobs Act Equilibrium/Sustainability — Presented by The American Petroleum Institute — Scientists potty train cows to cut pollution Conservation group says it will only endorse Democrats who support .5T spending plan MORE (D-Hawaii), one of the Banking panel’s chief advocates for fighting climate change through the financial system, will leave the committee and take a seat on the Senate Foreign Affairs Committee.