Elizabeth Warren on Big Banks as well as the Democratic Party: 5 Takeaways
WASHINGTON — Senator Elizabeth Warren of Massachusetts positioned herself as an alternative to the standard-bearers of the Democratic Party, refusing to classify herself within the party during an hourlong interview on Thursday.
In a TimesTalks conversation with Andrew Ross Sorkin, the editor at large of DealBook, Ms. Warren also took aim at Gary Cohn, Amazon as well as Facebook, as well as efforts to impeach President Trump, maintaining her signature critical stance on big banks as well as Wall Street while sparing Obama-era administration officials her previous denunciations.
as well as while she brushed off a question asking if she was running in 2020, she offered a glimpse into what such a platform could hold.
Here are the takeaways.
‘This specific is actually who I’ve been all along.’
As speculation mounts over whether Ms. Warren will enter the presidential race in 2020, she was asked where she sees herself within her own party.
She argued of which her economic views — like raising the minimum wage, expanding Social Security as well as regulating big banks — are ones of which most Americans share. She places herself “right inside the middle of America,” she said.
“How I see This specific is actually, This specific is actually a lot less about political parties as well as a lot more about where America is actually,” Ms. Warren said. “There are issues on which we are divided. I understand of which. nevertheless on these core economic set of issues, America is actually a progressive country.”
is actually This specific unfair to argue of which she has shifted her views compared with where she had initially established herself within the larger party?
“This specific is actually who I’ve been all along,” Ms. Warren said.
She rebuked Gary Cohn’s relationship with Goldman Sachs.
Ms. Warren was withering in her criticism of Gary Cohn, President Trump’s former chief economic adviser.
Pointing to the $285 million package he received coming from Goldman Sachs after he left as the company’s president to work for Mr. Trump, she accused Mr. Cohn of working on behalf of the company instead of the American people.
“What he did was help Goldman Sachs,” she said, adding of which the tax overhaul of which he helped push through last year saved corporations billions of dollars.
What angered Ms. Warren the most, she said, was imagining the response of the American people.
“is actually he working for us,” she imagined someone thinking, “Or is actually he working for Goldman, or is actually he just working for himself?”
She doesn’t support impeachment efforts — as well as told the billionaire Tom Steyer so.
Ms. Warren said of which she had spoken to the Democratic megadonor Tom Steyer — who is actually said to be considering a presidential bid in 2020 — as well as told him she did not support his efforts to impeach the president. Instead, she is actually intent on protecting the investigation by the special counsel, Robert S. Mueller III.
The investigation into possible links between the Trump campaign as well as Russia’s election interference “has resulted in more than two dozen indictments or guilty pleas already,” she said.
“I want protection for the special prosecutor,” she said. “Every time Donald Trump starts tweeting again or attacks someone else in government, I get very worried about the special prosecutor.”
What Congress could do, Ms. Warren said, is actually pass a law of which says the special counsel cannot be fired by the president.
“Once the investigation is actually completed,” she said, “then we’ll know what we have in front of us.”
She’s ready to crack down on Amazon as well as Facebook.
As tech giants like Facebook as well as Apple come under continued scrutiny by Congress, Ms. Warren weighed in on the subject, stating of which the issue was more about their anti-competitive business products as well as less about “breaking up” big companies.
She expressed concern of which Amazon serves as both a marketplace for businesses as well as a competitor to those same businesses, noting of which the company currently sells its own private-label brands, as well as can use the information This specific collects about its customers to help push those products.
“You’ve got to pick one business or the additional,” Ms. Warren said. “If you’re getting a huge competitive advantage coming from being a platform provider because of all This specific information you’ve been scraping, then we no longer have competition going on.”
She doesn’t take the tweets personally.
Ms. Warren, who has been the target of the president’s name-calling on Twitter, offered a challenge to Mr. Trump’s taunts.
“Donald Trump isn’t going to change. nevertheless he’s not going to change me, either,” she said. “I’m inside the fights I’m in as well as I’m going to stay in them. nevertheless I stay in them not because of him, I stay in them because of the people as well as the urgency I feel in This specific moment.”