The fierce populist streak that has been coursing through America will soon have an official voice on Capitol Hill: the Populist Caucus.
Rep. Bruce Braley, an Iowa Democrat, will officially announce the formation of the caucus later this week, with 21 founding members -- all Democrats. The initial purpose will be to influence legislation from within the Democratic caucus, but Braley did not rule out opening the group to Republicans.
Braley said that the caucus will give voice to the populist anger created by the plummeting economy and opaque bank bailout.
Looking over the initial membership of this caucus, I think we can expect some good stuff from it in the weeks and months ahead on the bailout, on regulation and on trade issues. It could become a key player in ratcheting up the "Make Him Do It" Dynamic.