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With prominent Democrats looking to unwind two years of deregulation under President Donald Trump, the seat will put her in a position to exert substantial influence.
Her appointment also will give new committee Chairwoman Maxine Waters, D-Calif., an important ally.
Hearing - November - Democrats - House - Elections
During a hearing in November, shortly after the Democrats recaptured the House in the midterm elections, Waters promised that the days of Wall Street deregulation were over.
""Make no mistake, come January, in this committee the days of this committee weakening regulations and putting our economy once again at risk of another financial crisis will come to an end," she said in remarks that briefly roiled markets.
CNBC - Ocasio-Cortez - Comment
CNBC has reached out to Ocasio-Cortez for comment.
Trump targeted post-financial crisis finance reforms during his own campaign, saying they...
(Excerpt) Read more at: CNBC
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