Alexandria Ocasio-Cortez to join House Financial Services Committee

Washington's best-known socialist will be helping regulate America's banks.

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 U.S. financial institutions and markets.

Ms. Ocasio-Cortez, a self-described socialist who has called for a 70 percent ...