Skip to main content

Warren Launches Bid for 2020 Presidential Nomination

Dec 31, 2018
Sen. Elizabeth Warren (D-MA) has taken her first step to pursue the 2020 Democratic Party nomination for president

Sen. Elizabeth Warren (D-MA) has taken her first step to pursue the 2020 Democratic Party nomination for president.
 
Warren has been a polarizing figure since her emergence as the main proponent of the Consumer Financial Protection Bureau, and she has been one of the most harshly critical detractors of the financial services industry. In 2016, she brushed off effort by liberal political groups to seek the presidential nomination, offering her support to Hillary Clinton.
 
In an e-mail sent this morning to her supporters, the senator announced that she was forming an exploratory committee for a presidential run. Her campaign, she pledged, would be focused on “reducing the student loan debt burden, increasing our Social Security payments for those who depend most on it, and the overarching piece, reducing corruption in government. Right now, Washington works great for the wealthy and the well-connected, it’s just not working for much of anyone else.”
 
Warren, who won re-election to her second term as senator last month, spent much of the year offering different answers on her future goals. In March, she stated on CNN’s “State of the Union” that the White House was not in her future.
 
"I am not running for president in 2020," said Warren. "I am in this fight to retain my Senate seat in 2018. That's where I'm focused. That's where I'm going to stay focused. I'm not running for president."
 
However, in October, Warren had a change of mind when she tweeted: “It’s time for women to go to Washington & fix our broken gov't. That includes a woman at the top. Today at a town hall in Holyoke, Marty, a Springfield teacher, asked where things stand with me running for President in 2020. I told him: after Nov 6th, I'll take a hard look at it.”

 
About the author
Published
Dec 31, 2018
Rescue Your Clients From High TI Costs

Borrowers underwater with taxes and insurance can be a default risk. Helping them is critical.

CSBS Urges MLOs To Update License Registrations

NMLS updates that have taken effect prior to the Nov. 1 opening of the annual license renewal period include new a login process requiring users to update their username and password and establish account recovery details.

CFPB Finalizes New Rule Expanding Consumer Financial Data Privacy Rights

Financial institutions must deliver a consumer's financial data to another provider for free, upon the consumer's request

TD Bank Pleads Guilty To Enabling Money Laundering For Criminal Organizations

'TD Bank chose profits over compliance in order to keep its costs down,' said U.S. Attorney General Merrick Garland.

LoanSnap Officially Loses Connecticut License

The AI mortgage startup formerly faced a cease and desist and a consent order from the State of Connecticut.

Oct 09, 2024
Wishing Regulations Away

What mortgage leaders want to see revised in the wake of Supreme Court undoing of government favoritism