2012-11-14cnbc.com

``The caveat here is that Warren may not seek a position on the banking committee. There will be pressure on her not to take the seat from Kirsten Gillibrand, the junior Senator from New York, who would be a shoe-in if not for Warren. More importantly, according to a former Hill staffer, the Democratic leadership will likely offer Warren an even more sought after committee seat--perhaps on the extremely powerful Senate Finance Committee. The point would be to offer her Warren a powerful position that kept her out of direct oversight of the financial sector. ''


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