Speculation about 2020 is kicking into gear after her latest spat with the Donald. The path is not a clear one—but the Massachusetts Senator continues to impressby Diane Roberts / November 30, 2017 / Leave a comment
“They call her Pocahontas,” said Donald Trump.
Actually, they call her “Senator.” He calls her Pocahontas. Good manners has never been among the president’s priorities, and Elizabeth Warren, elected to the upper house of the United States Congress in 2012, is one of Trump’s bête noires. Trump, who likes to hurl epithets at his enemies (“Rocket Man,” “Little Marco,” “Crooked Hillary”) heard that Warren once claimed some small degree of Cherokee ancestry and promptly took to referring to her by the only name of a female Native American he knew: Pocahontas, daughter of the chief of Tsenacommacah in what would later become the state of Virginia.
Warren is accustomed to Republican abuse. And at the moment it’s coming at her thick and fast as she tries to defend the Consumer Financial Protection Bureau, the federal agency dedicated to shielding ordinary Americans from the predations of Wall Street. Warren conceived of the agency in 2010 when she was merely a professor at Harvard and economic advisor to Barack Obama.
As an expert in bankruptcy law who’d long advocated for accountability from large financial institutions, she helped craft the Dodd-Frank Act, overhauling the US financial regulatory regime. Included in the legislation was her baby, the CFPB. Warren had hoped to become its first director, but Republicans in the Senate refused to confirm her. President Obama chose Richard Cordray, an Oxford-trained lawyer and former Attorney General of Ohio, to head the agency. Warren decided to run for office from Massachusetts, handily beating the incumbent senator, Republican Scott Brown.
Now she’s fighting for the survival of the CFPB. Cordray, eyeing a run for governor of Ohio, resigned on 24th November, giving Trump and the CEO suck-up wing of the Republican Party a chance to torpedo an agency they detest—Trump calls the CFPB “a total disaster.” As he has with other federal agencies such as the Environmental Protection Agency and the Department of Education, Trump appointed an interim director who thinks the CFPB should be abolished: White House Budget Chief Mick Mulvaney, who calls the agency a “sad, sick joke,” and vows to overhaul it to “protect people without trampling on capitalism.”
“The Bernie Sanders wing of the party loves Warren”
Elizabeth Warren refuses to suffer this assault on her principal legacy in silence. She says the law states the…