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Thursday, January 17, 2019

Elizabeth Warren, the Harvard professor and consumer advocate who played the lead role in establishing the Consumer Financial Protection Bureau that is at the centerpiece of last year’s Dodd-Frank financial reform bill, is officially exploring a run for U.S. Senate in Massachusetts.

Her website is live and she has reportedly been meeting with Democratic activists around the state in recent weeks.

Warren is a darling of progressives who appreciate her no-nonsense approach to the banks and lenders at the heart of the financial crisis.

She would be attempting to unseat Scott Brown, the freshman Republican who was swept into office with Tea Party support but has voted like a moderate; he supported the Dodd-Frank bill, for one, and has good approval numbers.

“The hurdles are people remembering the last Democratic nominee was [Attorney General] Martha Coakley, and obviously there are some similarities between the two, and so getting over the stigma of a rematch with a similar profile Democrat” is an issue for Ms. Warren, David Paleologos, director of the Political Research Center at Suffolk University in Boston, told The National Memo.

He called her winning the campaign a “daunting task” in light of Scott Brown’s strong numbers against a lot of other Democratic icons in the state — who have far better name-recognition than Warren does.

“She doesn’t have a geographic base,” he added, unlike a lot of the other state and local officials considering runs. He said the nature of redistricting following last’s year census would be important to her hopes in the Democratic primary, as well as the turnout in the state’s most progressive areas — Cambridge, Newton and Brookline among them.

“If…there are intense fights in the progressive precincts, she’s the windfall beneficiary. That helps her. Her strategy has to be: get what you can out of the non-progressive areas, and… run up big margins [in progressive territory].”

When it comes to the general election, with Barack Obama at the top of the ballot — he surpassed 60 percent of the vote in the state in 2008 — labor and the progressive community should well come out in force, and we ought not be shocked if he makes a stop or two in this safe-blue state next fall just to drive up turnout.

Warren won’t be able to accuse Brown of being a pawn of the banks (though he did press for exemptions for smaller and community banks from investment rules in the reform legislation), but she can say he’s a weak centrist without a clear ideological narrative or motif — for her, that’s protecting consumers from bad-faith actors in the financial community.

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6 responses to “Warren Forms Exploratory Committee, Poised To Run For Senate”

  1. naravidya says:

    With her clear ideological motive, Ms. Warren would be able to unseat Brown, if she decides to run for senate.

  2. Phoenix1055 says:

    Liz Warren has no shot vs Scott Brown. You have to live in a fantasy world to think she can win.

  3. historyfan says:

    Why would people associate Warren with Coakley? Just because they’re both women? I think she could win. She is more “Massachussets-like” than Brown, who probably would have a lot of money.

  4. Linda R. says:

    When people realize that Brown is on video with his hand out to one of the Koch broths for campaign money they will be happy to vote for Warren.
    Check out the video on utube yourself . He is bought and paid for by the Koch brothers . The only reason he hasn’t voted more like the Tea Party crazies is because he values his position and right now with a Democratic president he knows he could lose his position in the Senate . Personally I think he is waiting until he feels more secure that the Repugs have the voting machines rigged before he steps out as a true Tea Bagger !

  5. Phoenix1055 says:

    I pray she is the nominee. Easy win for the Senator

  6. A Spallato says:

    Great news. We need a Joan of Arc to march into Washington. This Wisconsin Voter will contribute to her campaign. Bravo!!!!

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