Elizabeth Warren Says She'll Focus On Housing Supply, Private Equity In New Committee Slot

Source: Huff Post

Nov 13, 2024, 05:00 AM EST


Sen. Elizabeth Warren (D-Mass.), a former university professor who taught courses on contracts, commercial law and bankruptcy said Wednesday she intends to focus on housing supply and private equity in her new role as the top Democrat on the Senate Banking Committee.

“In the aftermath of the 2024 election, it’s powerfully important for Democratic leadership to show that we can make life more affordable for working people and to act with urgency to rebuild our middle class,” Warren said in a statement to HuffPost. “For Massachusetts and hard-working families nationwide, this new role means a better chance to advance solutions like building more housing to lower prices and protecting consumers from private equity greed and special interest scams.”

Democrats will be in the minority in the 119th Congress starting in January after Republicans won 53 seats in the 100-member U.S. Senate last week.

While not wielding the gavel, ranking members lead their fellow party members in hearings and during consideration of legislation. They also become default spokespeople for their party on the issues their committee works on. For Warren, who has been in the Senate since 2013, the role will be a natural fit.

Read more: https://www.huffpost.com/entry/elizabeth-warren-focus-on-housing-private-equity_n_67342744e4b0d36d5d63f6bc