Ocasio-Cortez Takes Shot at Banks in Embracing Committee Role

Ocasio-Cortez Takes Shot at Banks in Embracing Committee Role

The Hill reported Tuesday evening, citing a "Democratic source", that Rep. Alexandria Ocasio-Cortez, New York Democrat, will join the House Financial Services Committee, which oversees USA financial institutions and markets.

Ms Ocasio-Cortez has previously called for a 70 per cent top tax rate and for the biggest banks to be broken up. It oversees big banks, lending, and the financial sector.

Ocasio-Cortez wants to raise taxes to pay for her "Green New Deal", a fiscal juggernaut ostensibly aimed at fighting climate change that could dwarf Great Society expenditures.

"Personally, I'm looking forward to digging into the student loan crisis, examining for-profit prisons/ICE detention, and exploring the development of public & postal banking".

Former Sen. Joe Lieberman reaffirmed his belief on Sunday that Rep. Alexandria Ocasio-Cortez is not the future of the Democratic Party.

Rep. Alexandria Ocasio-Cortez mocked her critics in a Washington Post interview, telling them to "enjoy being exhausted for the next two years while we run train on the progressive agenda".




According to Bloomberg's sources, all four have been nominated for the committee by the Democrats' steering committee, making them a shoo-in for membership.

The context of Ocasio-Cortez's remark was an answer to a question about a fake nude photo, purporting to be of the congresswoman, that appeared on Reddit and was subsequently covered by other outlets, including Vice's Motherboard, the Daily Caller, and other outlets.

"That doesn't mean all $10 million are taxed at an extremely high rate, but it means that as you climb up this ladder you should be contributing more", she said. I understand guys like this like the back of my hand.

"We got under his skin", she added.

Her victory in the November general election was a foregone conclusion in New York's 14th Congressional District, where 77 per cent of voters chose Hillary Clinton over Donald Trump in 2016.

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