Wall Street nemesis Warren to join U.S. Senate Banking Committee

WASHINGTON (Reuters) – Wall Street critic and Senator-elect Elizabeth Warren will join the Senate Banking Committee next year where she is likely to be a loud voice in favor of tight financial regulation. The Democratic Steering Committee on Wednesday approved committee assignments for Warren and other Senate Democrats, installing Senator Patty Murray of Washington state as chairwoman of the Senate Budget Committee. Warren, a Harvard Law School professor who won a hard-fought election in Massachusetts, will now have a powerful platform from which to oversee banking regulation. …