Ocasio-Cortez should worry markets, Horizon’s chief global strategist says

Ocasio-Cortez should worry markets, Horizon’s chief global strategist says

Ocasio-Cortez should worry markets, Horizon’s chief global strategist says

The New York lawmaker, who has become a sensation among progressives, will nearly certainly join the House Financial Services Committee after a group of fellow Democrats on the party's steering committee voted to recommend her for the panel on Tuesday, according to people familiar with the matter.

"Financial Services is one of just four exclusive committees in the House".

The appointment represents a vote of confidence from party leadership after Ocasio-Cortez was left off the House Ways and Means Committee, which oversees economic policy issues like taxes and spending. Valliere points to a recent Hill-HarrisX poll showing that 59% of respondents are in favor of the 70% top tax rate for the wealthy that Ocasio-Cortez suggested on a recent interview with "60 Minutes".

Walker quoted Ocasio-Cortez once more, then went on a bit of a rampage about socialism, effectively sub-tweeting the Democratic representative.

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.

Tulsi Gabbard, a lawmaker from Hawaii who says she plans to run for president in 2020, is also poised to join, the people said.

The powerful committee also oversees the US housing market, insurance and global finance sectors, among other areas.

Ocasio-Cortez fired back on Twitter, telling her 2.4 million followers: 'I bartended for *years* in New York City.

"Nominate that incredible public servant to take their service to the halls of Congress. Give them that nudge", she said, adding "my brother did it for me".

Ocasio-Cortez: I was surprised and I was annoyed because it was a new tack.

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