Pete Schroeder
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peteschroeder.bsky.social
Pete Schroeder
@peteschroeder.bsky.social
Finreg reporter 🤑. Reuters. Washington. Prior stints at The Hill, WSJ. Notre Dame. Available on Signal: peteschroeder.39
5/ But perhaps most significantly, Warren now will enjoy a bigger committee staff and bigger budget. That means more capacity to press the industry, explore potential wrongdoing, and generally do Elizabeth Warren things.
November 13, 2024 at 1:58 PM
4/ If Warren is blasting banks and attacking GOP initiatives, it’s tougher now for moderate Democrats to significantly separate from that. Tradeoff is she may moderate a bit (may) — Sherrod Brown was much like Warren lower on the committee but tempered a bit once he hit the top post.
November 13, 2024 at 1:57 PM
3/ While it’s true she won’t set the agenda and Warren has already carved out a niche mounting attacks from the committee perch, Warren’s new role adds a few more factors. For one, she now effectively sets the tone for Democrats on the panel.
November 13, 2024 at 1:56 PM
2/ It’s true banks are not happy about this — industry folks reached out to Sen. Mark Warner to see if he’d drop his top spot on Senate Intelligence to leapfrog her. But some people have also argued it may not amount to much since she is in the minority and can’t set the committee’s agenda.
November 13, 2024 at 1:54 PM