Alexandria Ocasio-Cortez appointed to panel overseeing financial sector

GettyImages-1077095122

GettyImages-1077095122

It is exceedingly rare for first-year members of Congress to be placed on House committees as powerful as the Financial Services Committee. "And the Democratic Party is not going to succeed that way".

President Trump clashed with Rep.

The Hill reported Tuesday evening, citing a "Democratic source", that Rep. Alexandria Ocasio-Cortez, New York Democrat, will join the House Financial Services Committee, which oversees US financial institutions and markets. "What we see, overall, is that the vast majority of Americans know that income inequality is one of the biggest issues of our time".

"It's all hands on deck for our democracy right now", she said, urging people to take a chance and be an agent for change.

The back-and-forth started when Trump was asked Monday about Ocasio-Cortez, D-N.Y., recently saying there is "no question" Trump is a racist.

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In the interview, Ocasio-Cortez insisted that the richest Americans had once been subject to a 90 percent tax rate - although she did not mention that liberal tax deductions of the era had alleviated that burden. The 29-year-old socialist Democrat from the Bronx is part of a new wave of lawmakers who've denounced income inequality, while demanding that the biggest earners pay much higher taxes.

Although he doesn't view Ocasio-Cortez as an imminent threat to markets, Valliere says if enacted, her tax agenda would add to the federal deficit, already projected to approach $1 trillion in 2019.

In response to Lieberman's comments, Ocasio-Cortez tweeted "New party, who dis?"

Ms Ocasio-Cortez shocked the Democratic establishment last June by defeating Rep. Joe Crowley, a 10-term incumbent, in a primary election.

"I bartended for *years* in New York City".

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