Chuck Schumer apparently isn’t progressive enough for today’s Democratic Party. Further proof can be found in the strange, fleeting tenure of Alex Oh as head of the Securities and Exchange Commission’s enforcement division.
It’s yet another example of how Democrats like Sen. Schumer who want to maintain strategic ties to the business community are being co-opted on matters large and small by the party’s Bolshevik fringe.
Oh isn’t the most high-profile or controversial person to work in the Biden administration. She seemed to check all right boxes to take a job running the SEC’s division that cracks down on investment scams: A Yale Law School grad; partner at prestigious white-shoe law firm Paul Weiss; some high-profile cases under her belt at a firm with a ton of Democratic Party connections.
No less than Schumer’s brother is a partner at Paul Weiss. The Senate majority leader is said to have championed…