Who Will Replace Harry Reid As Senate Minority Leader?
on March 29, 2015
11 Comments
The news of Harry Reid's decision to retire at the end of his current term is already causing speculation about who will fill his role and lead senate Democrats.
Charles Schumer of New York seems like an obvious choice to some, but the party's Warren wing is always eager to give the junior senator from Massachusetts a promotion.
Peter Schroeder of The Hill:
On Wall Street, Dem shake-up puts party at crossroads Harry Reid’s decision to not seek reelection could open another front in the battle for the direction of the Democratic Party, and its complicated relationship with Wall Street. Sen. Charles Schumer (D-N.Y.) emerged as the immediate favorite to take over as the chamber’s top Democrat, but his rise could further intensify an already heated debate about the party’s approach to the financial sector, one of his home state’s biggest industries. Led by Sen. Elizabeth Warren (D-Mass.), liberals with a harsh perspective on Wall Street have seen their voice and influence within the Democratic Party grow of late. The freshman senator’s fierce recriminations of big bankers have attracted plenty of attention on the left and launched her into a spot in Senate leadership, just two years into the job. That message also provided the foundation for a relentless campaign to get her to challenge Hillary Clinton, who many on the left are wary of for ties to the financial sector. That same groundswell could complicate Schumer’s bid to lead Senate Democrats. “I don’t know how he’s going to play this, I really don’t,” said one financial lobbyist. “He’s got huge personal and political interest in the financial industry…they’re the biggest employers in his state.”According to the Washington Post, Reid has endorsed Schumer to replace him.





