Alexandria Ocasio-Cortez to Serve on House Financial Services Committee


Americans are apparently embracing the concept of super taxes for the super rich as articulated by self-styled socialist Democratic New York Rep. Alexandria Ocasio-Cortez.

"Who cares?" Trump said of her comments, brushing off the question with a hand gesture.

Former Gov. Scott Walker and U.S. Rep. Alexandria Ocasio-Cortez continue to butt heads, and this time the two took to Twitter to express their differences on marginal tax rates. Speaking to The Hill on Tuesday, Ocasio-Cortez cited new polling data showing a majority of Americans support the idea.

Because the committee plays a big role in setting policies for banks, hedge funds and insurers, its members are often known for their fundraising prowess.

It's likely just the start of the 29-year-old lawmaker's attacks on lenders, and could preview the changing tone of the financial services panel now that Democrats control the House.

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The 29-year-old Democratic socialist claimed on Twitter that she understood Trump "like the back of my hand", comparing him to men she encountered bartending in NY.

The House Financial Services Committee oversees all elements of the sector, including banking, public and private housing, credit and insurance, real estate, public and assisted housing, and securities.

"I am very grateful for the opportunity to sit on this committee as a freshman, and look forward to working under the leadership of @RepMaxineWaters!"

In that same interview, Ocasio-Cortez advocated for a higher top marginal income tax rate on the most wealthy taxpayers - floating a 60 or 70 percent on income over $10 million as one possibility.

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