It’s on: Elizabeth Warren versus Wall Street

It’s on: Elizabeth Warren versus Wall Street:

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And now Warren sits on the committee responsible for such regulation and oversight. As one hedge fund manager recently lamented: “At exactly the time that big banks don’t want more oversight — or another potentially activist regulator — that’s what they’re getting,” Or, as Andy Kroll recently put it: “Big banks versus Elizabeth Warren: It’s on (again).”

Warren’s appointment to the committee is likely to anger some top Republican Senators who hate her relentless push for more oversight and have crusaded against her consumer protection bureau as an example of oppressive liberal governance. Indeed, some Republican Senators even joined Wall Street in lobbying against her appointment to head that bureau. Now she sits among them, and is likely to get into spirited fights with them over future battles involving Wall Street regulation. Indeed, some progressives see her as a good counterbalance to Dems on the committee who might be overly solicitous towards Wall Street, too.