Sunday, November 11, 2012

This Democrat is watching

Ms. Warren’s adversaries are said to be trying to keep her off the banking committee, where she could push for more regulation, while her admirers want her to be on it. “Her strategy will depend on what happens,” said Simon Johnson, a professor at the M.I.T. Sloan School of Management. “If she doesn’t get on the banking committee, then she’ll take a more outspoken approach.” He said that Democrats as a whole had not followed through on several issues of financial reform, so “it matters a great deal” where Ms. Warren is assigned. “Not putting her on banking would make the Democratic Party look like a creature of Wall Street, which, by the way, it is,” Professor Johnson said. “But they don’t like to be too explicit about it.”
Katharine Q. Seelye, "New Senator, Known Nationally, Sometimes Feared", in The New Yorks Times, 10 November 2012.

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