She’s the flavour of the month right now….
Democrat Elizabeth Warren is a Massachusetts senator known for her consumer advocacy and efforts to weaken big financial institutions. Her brainchild, the Consumer Financial Protection Bureau, was created in 2011.
Key facts about Elizabeth Warren:
- Current position: Senator from Massachusetts — 6 years served
- Age: 69
- Born: Oklahoma City
- Undergraduate: University of Houston
- Date candidacy announced: Feb. 9, 2019
- % of votes in line with Trump, per FiveThirtyEight: 13.2%
- Previous roles: Law professor; member of Congressional Oversight Panel monitoring $700 billion TARP bank bailout program; special adviser for the Consumer Financial Protection Bureau.
Elizabeth Warren’s stance on key issues:
- Wealth tax: Proposed a 2% tax on wealth exceeding $50 million and a 3% tax on wealth above $1 billion.
- Green New Deal: Signed on as a co-sponsor.
- College debt: Proposed a plan to eliminate $640 billion in student debt, funded by her wealth tax proposal, which includes universal free public college.
- Medicare For All: Co-sponsored Bernie Sanders’ bill in September 2017.
- “Economic patriotism:” Her plan for “creating and defending good American jobs” leans on green manufacturing and industrial policy for clean energy.
- Capitalism: Said she identifies as a “Democrat capitalist,” rather than a “democratic socialist.” She told Pod Save America she sees “the value of markets … if they have rules.”
- Big Tech: Proposed in March to break up Google, Facebook and Amazon, prohibiting companies with over $25 billion in revenue to act as operators and users of a platform and would install regulators to break-up already-closed mergers.
- Corporate tax: Proposed a 7% tax on companies’ profits over $100 million.
- Marijuana: Signed on as a cosponsor of Cory Booker’s Marijuana Justice Act to legalize weed at the federal level.
- Electoral college: Said she’d support a plan to replace the electoral collegewith a national popular vote.
- Presidential prosecution: Proposed a plan to allow the DOJ to indict sitting presidents.
- Criminal justice: Proposed banning private prisons…..