Talk about karma.
After lobbying ferociously to prevent Elizabeth Warren from running the new Consumer Financial Protection Bureau, the banking industry now must contend with her sitting on the Senate Banking Committee.
Rumors have circulated for weeks the Massachusetts senator-elect would be tapped for the gig overseeing the industry she so completely cheesed off with accusations of fraud and unfair play. Now it's official.
You can almost hear the muttering among bankers about the tough-love they're going to face.
Last year, Warren said there had been "little action when it comes to holding large financial institutions accountable for breaking the law."