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
Trump gambling his presidency on a voting group that may no longer exist
President Donald Trump is betting that his law-and-order scare tactics will energize white suburban voters -- but that demographic may no longer exist as it once did.
The president remains popular in rural areas, and he won over suburban voters by 4 percent in 2016, and Trump and his Republican allies are betting he can turn out non-college educated whites who may be disgusted by police violence but don't support protests, reported Politico.
“There’s a lot of concern about the way the Minneapolis police acted,” said former Rep. Tom Davis, a seven-term Republican from the northern Virginia suburbs. “But whenever you start looting — and now the stuff’s spread out to Leesburg, it’s in Manassas … the politics takes a different turn.”
‘One racist down. Hundreds in office to go’: Applause as Steve King is ousted in Iowa primary
"Goodbye, Rep. Steve King. You are certainly not the only white supremacist in federal government, but you were among the most prominent," tweeted Rep. Alexandria Ocasio-Cortez.
While acknowledging that the important work of ridding Congress of racist lawmakers is far from finished, progressives celebrated the ouster of white supremacist Rep. Steve King in Iowa's Republican primary Tuesday as a significant victory and a step in the right direction.
Amid pandemic, White House race becomes digital dogfight
The 2020 US presidential race is becoming a digital-first campaign as the coronavirus pandemic cuts candidates off from traditional organizing and in-person events.
On the surface, President Donald Trump has the edge over Democrat Joe Biden because of the incumbent's extensive digital infrastructure and large social media following.
But Biden has been stepping up his digital presence and is getting a boost from a handful of outside organizations seeking to counter Trump's messaging on social platforms.
Both sides agree that digital will play a critical role in the 2020 White House race as social media have taken the place of rallies and door-to-door campaigning.