WASHINGTON — Rep. Katie Porter, D-Calif., is running for Senate in 2024, a transition for Porter that, if successful, would add a powerful ally to financial policy progressives like Sen. Elizabeth Warren, D-Mass., in the upper chamber.
Porter will run for the seat held by Dianne Feinstein, who hasn't yet declared her intentions for 2024, but is unlikely to seek reelection
The primary race for the California Senate seat is likely to be competitive, but Porter, already a known quantity, has a successful fundraising track record.
Porter is a longtime consumer advocate and expert on bankruptcy. She studied under Warren at Harvard, and in 2012 was appointed by now-Vice President Kamala Harris as the state's independent monitor of banks in a nationwide $25 billion mortgage settlement. She's currently on extended leave as a financial consumer protection lawyer at the University of California, Irvine.
"I don't do Congress the way that others often do," Porter said in a video announcing her candidacy. "I use whatever power I have to speak hard truths to the powers that be, to not just challenge the status quo, but call it out, name names, and demand justice. That goes for taking on Wall Street and the big banks, big oil and big pharma."
Although Porter garnered media attention for her combative questioning of financial executives during her first term, when she sat on the House Financial Services Committee, House Democratic leaders
