Sen. Elizabeth Warren (D-MA) is reportedly scaring Wall Street executives as she continues to rise in the race for the 2020 Democratic Party presidential nomination, and she couldn’t be happier.
CNBC’s Jim Cramer apparently brought a smile to her face Tuesday in a video posted on Twitter. The “Mad Money” host was discussing the fact that Wells Fargo hasn’t had a permanent CEO for months with the “Squawk on the Street” team, and then he threw out an offhand comment that perhaps CEOs and potential CEOs are worried about Warren’s potential presidency.
“I’ve got to tell you, when you get off the desk and you talk to executives, they’re more fearful of her winning!” he said. “I mean I’ve never heard anybody say: ‘Look, she’s gotta be stopped! She’s gotta stopped!’ … She keeps going up in the polls, she’s going to win Iowa, I believe. She’s a very compelling figure on the stump.”
Host David Faber agreed, saying he’s heard the same things.
It’s not clear exactly which of Warren’s policy proposals terrify them most — she’s got a lot of them — but one, in particular, is likely to spook CEOs: co-determination. Her plan would force corporations to allow workers to elect 40 percent of the board’s membership. If workers had a say on corporate boards, a lot of CEOs might lose their jobs — or be forced to accept pro-worker policies that they find objectionable.
Warren, meanwhile, thinks reports that she has CEOs spooked are a signal that she’s on the right path:
I'm Elizabeth Warren and I approve this message. https://t.co/2Ewkbm0ZwA
— Elizabeth Warren (@ewarren) September 10, 2019
Inside the secret GOP plan to keep power in 2020 — and beyond
In 2020, we need to pay attention to state elections as well as elections for president and Congress. State elections could decide whether the Republican Party further corrupts American democracy.
As demographics change — and America becomes more diverse and more liberal — the GOP has responded by implementing policies that will take away power from the American people. Rather than changing with the times, they’ve got another plan: minority rule – by them.
The 2020 candidates need to go after Trump on his supposed strength
Among many outcomes and observations following last week’s ABC News/Univision presidential debate, there were only two candidates who were willing to attack Donald Trump and the trolls who surround him: Sen. Kamala Harris and former Rep. Beto O’Rourke. That’s not to say the others didn’t mention President Trump at all. It's just that Harris and O’Rourke stood out in terms of their unflinching and aggressive attacks against Trump (Harris) and the Republican Party’s destructive fealty to the gun lobby (O’Rourke).
There’s a noticeable pee-shyness among the Democrats, too often quivering like Shaggy and Scooby over being seen as too anti-Trump or too anti-gun in the face of the elusive white-male diner crowd, despite the reality that Trump’s approvals are stuck in the 40 percent range, give or take. Likewise, support for a new assault weapons ban and an expansion of federal background checks is practically universal. A recent Fox News poll showed 67 percent support for an assault weapons ban and 90 percent support for expanded background checks. Oddly, those numbers indicate that Harris and O’Rourke weren’t really going out on any limbs here, except when contrasted with the baffling timidity of the other Democrats.
Democratic White House hopeful Elizabeth Warren calls Trump ‘corruption in the flesh’
Facing thousands of cheering supporters in the nation's largest city, Democratic presidential contender Elizabeth Warren on Monday decried President Donald Trump as "corruption in the flesh".
"Corruption has put our planet at risk. Corruption has broken our economy. And corruption is breaking our democracy," said Warren, a Massachusetts senator who has emerged as a leading presidential contender.