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Rep. Alexandria Ocasio-Cortez (D-N.Y.) said on CNN's "State of the Union" Sunday that she believes it's "extremely important" that Joe Biden offer Sen. Bernie Sanders and other progressive leaders Cabinet positions if he's elected president.

The big picture: Ocasio-Cortez was pressed repeatedly on policy differences between her and the more moderate Biden, including her opposition to fracking and support for Medicare for All. She responded that it would be a "privilege" and a "luxury" to be able to lobby a Biden administration on progressive issues, insisting that the focus right now should be on winning the White House.

What she's saying: "I think what a lot of people misunderstand about the progressive movement is that it wasn't a slogan when Bernie ran on saying, 'Not me, us.' And so it's not just about where Bernie Sanders is next term or what role that Sen. Sanders is playing, but it's really about who the Biden administration is choosing to lead agencies across the board," Ocasio-Cortez said.

  • "The fact of the matter is, this isn't just about the progressive movement. This is about making sure that we're not just going back to how things were and rewinding the tape before the Trump administration," she continued.
  • "This is about making sure, how are we going to not just make up for lost time, but leap into the future and actually ensure we are making the investments and policy decisions that will create an advanced American society. And, frankly, conservative appointments will not get us there."

Worth noting: Politico reported last week that Sanders is interested in becoming Biden's Labor secretary. If he's tapped for a Cabinet position, however, Vermont's Republican governor would get to decide who fills his Senate seat.

Go deeper

Schumer rattles reconciliation saber

More than an aisle separates Mitch McConnell and Chuck Schumer, seen in the Senate Chamber after the Capitol siege. Photo: Drew Angerer/Getty Images

Chuck Schumer is expected to telegraph, as soon as tonight, that he will use his political muscle to pass some of his party’s priorities — like President Biden's $1.9 trillion stimulus package.

Why it matters: While the Senate majority leader wants to work with Republicans on key legislation, advisers say, he will make clear that using the simple majority vote inherent in the budget reconciliation process is one of the big sticks at his disposal.

Jan 26, 2021 - Politics & Policy

Biden on Trump's impeachment trial: "I think it has to happen"

President Biden told CNN Monday that he believes the impeachment trial of former President Trump "has to happen," but he does not think 17 Republicans will join Democrats to vote to convict.

Why it matters: Biden's comments are most concrete he has made about his views on Trump's second impeachment.

Fed chair says low interest rates aren't driving stock market prices

Jerome Powell. Photo: ANDREW CABALLERO-REYNOLDS / Getty Images

Federal Reserve chairman Jerome Powell told reporters on Wednesday that rock-bottom interest rates aren't playing a role in driving stock prices higher, while noting that vulnerabilities to the financial system are "moderate."

Why it matters: The statement comes amid unshakeable stock prices and a Reddit-fueled market frenzy — prompting widespread fears of a bubble and the role monetary policy has played in that.