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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.

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

Ocasio-Cortez was elected in November after a major Democratic primary upset in June when she unseated the 10-term incumbent Joe Crowley, whose name had been floated as a potential House speaker.

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. "To start", she tweeted.

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 panel will be chaired by Maxine Waters (Calif.), who is on the moderate wing of the Democrats.

But despite Trump's refusal to even entertain a question about her remark, Ocasio-Cortez seems to be calling it a victory.

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.

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

A few sentences later, she said, "So enjoy being exhausted for the next two years while we run train on the progressive agenda".


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