Elizabeth Warren owns two policy issues in the 2020 presidential race
“I am a capitalist,” Warren told Imagala.com’s John Harwood during an interview last summer. “I believe in markets. What I don’t believe in is theft, what I don’t believe in is cheating. That’s where the difference is. I love what markets can do, I love what functioning economies can do. They are what make us rich, they are what create opportunity. But only fair markets, markets with rules. Markets without rules is about the rich take it all, it’s about the powerful get all of it. And that’s what’s gone wrong in America.”
Warren’s argument that markets are good, but that markets need rules, also plays to her experience — after all, she helped to craft many of the post-2008 era’s banking and financial regulations.
A decade later, a new set of alleged corporate abuses tops the headlines, including Facebook’s myriad data breaches, Wells Fargo’s fake account scandal, and the stain of social media companies’ complicity in 2016’s Russian election meddling.
As the leading consumer advocate in the Senate and Wells Fargo’s toughest critic, Warren is well positioned here to take on potential Democratic rivals like Sanders and Sens. Kamala Harris of California and Cory Booker of New Jersey.
Warren is also a powerful voice for the rights of workers, another issue that’s been amplified in recent years by wage stagnation, campaigns like the push for paid parental leave, and a renewed focus on work-life balance.
This fall, Warren introduced the Accountable Capitalism Act, which would require, among other provisions, that employees be given seats on the board of directors at some of the nation’s biggest companies.
And while each of Warren’s Democratic rivals has a unique set of policy issues, none of them is as well versed in how the economy impacts individual consumers and employees as she is.
And none of them has so far laid out policy plans that are as well tailored to Trump’s political weak spots as Warren has.