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McConnell, Heavily Funded by Wall Street, Is Blocking Seating of Democrats as Senate Committee Chairs

Courtesy of Pam Martens

Senator Mitch McConnell (Left); JPMorgan Chase Chairman and CEO, Jamie Dimon (Right)

Senator Mitch McConnell (Left); JPMorgan Chase Chairman and CEO, Jamie Dimon (Right)

Nine days ago we cautiously reported that Senator Sherrod Brown, a Democrat from Ohio who holds a critical view of Wall Street’s serial bent toward fraudulent activities, was set to take the Chairmanship of the Senate Banking Committee. This would endow Brown with the power to set the agenda for hearings, call witnesses and put them under oath, and issue subpoenas. We wrote this at the time:

“We get the feeling that Senator Brown took the very wise and preemptive step of getting mainstream media to announce his Chairmanship yesterday because he clearly understood that Wall Street’s mega banks would be fighting behind the scenes in an effort to prevent him from advancing to Chair.”

With the addition of the two new Democratic Senators from Georgia’s special runoff (Raphael Warnock and Jon Ossoff) and Vice President Kamala Harris as the tie-breaker vote, Democrats now control the Senate and the chairmanship of each of the Senate Committees should have swiftly moved to a Democrat.

Instead, we learned from last night’s evening news that Senator Mitch McConnell, a Republican from Kentucky who is the outgoing Senate Majority Leader, is threatening to use the filibuster to stop passage of the Organizing Resolution, which is required in order to seat the new Senate Committee chairs.

Senator Sheldon Whitehouse, a Democrat from Rhode Island and an expert on the dark money that has corrupted Washington, appeared last evening on the MSNBC news program, All In With Chris Hayes, to explain what McConnell was up to. (A YouTube video of that interview appears below.)

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