Wall Street vs. Elizabeth Warren, Round 2012

She hasn’t yet come close to wrapping up her party’s nomination to take on Republican Senator Scott Brown, but consumer champion and Wall Street nemesis Elizabeth Warren had better watch out:

“The potential Brown-Warren matchup is on everyone’s radar,” said Scott Talbot, chief lobbyist for the Financial Services Roundtable.

On the Washington cocktail circuit, banking lobbyists are chattering about how to take Warren on. They fear that a massive, public money assault might be more of a gift than a challenge for the Harvard Law School professor who built her reputation taking on big banks.

The powerful lobby is in wait-and-see mode, weighing its options as it plots a strategy designed to hit hard, but smart.

“You don’t want to make her sympathetic by landing on her with both feet,” said a financial services industry insider and former GOP Senate aide.

Warren’s problem is not that she won’t excite the base and bring out the faithful, but that Brown has actually voted like a moderate Republican (and in favor of the Dodd-Frank bill she has been integral in enforcing, most notably). She’ll need to nonetheless make him out to be a pawn of the industry and someone who went to Washington and got too close, too fast to banking lobbyists.

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

Mike Johnson
Speaker Mike Johnson

House Democratic leadership announced Tuesday that they’ll allow members to block any effort from Rep. Marjorie Taylor Greene (R-GA) and her tiny team of nihilists to oust Speaker Mike Johnson, a reminder of where the power sits in the House.

Keep reading...Show less
Trump Endorses Anti-Abortion Monitoring Of Pregnancy By States

Former President Donald Trump

Killing Abortion Ban Repeal

With little more than six months until Election Day, Donald Trump is preparing for an “authoritarian” presidency, and a massive, multi-million dollar operation called Project 2025, organized by The Heritage Foundation and headed by a former top Trump White House official, is proposing what it would like to be his agenda. In its 920-page policy manual the word “abortion” appears nearly 200 times.

Keep reading...Show less
{{ post.roar_specific_data.api_data.analytics }}