Senate Majority Leader Chuck Schumer said in a statement Friday that Sen. Kyrsten Sinema of Arizona asked him to keep her committee assignments and he agreed. Sinema announced earlier Friday that she’s leaving the Democratic Party to register as an independent. “I believe she’s a good and effective Senator and am looking forward to a productive session in the new Democratic majority Senate,” Schumer also said. “We will maintain our new majority on committees, exercise our subpoena power, and be able to clear nominees without discharge votes.”
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.