Sen. Elizabeth Warren (D-MA) blasted former New York City Mayor Michael Bloomberg as the distinctions between a smaller field of 2020 candidates sharpen.
The Massachusetts senator was interviewed on MSNBC’s “The Last Word” by host Lawrence O’Donnell.
O’Donnell asked Warren about comments by Bloomberg that suggested the end of housing redlining — the illegal practice of racial discrimination by banks — was responsible for the Great Recession.
The host played the recently unearthed clip of Bloomberg’s comments and asked Warren to respond.
“What the mayor is really saying is that this crisis could have been averted if the banks had just been able to discriminate against black and brown people more,” Warren said.
“Let’s be clear, that would not have averted the crisis and anybody who thinks that the banks should have been allowed to be more racist should not be the leader of our party,” she blasted.
Warren also criticized the billionaire candidate’s unprecedented self-funding of his presidential bid.
“This is the problem of a billionaire who thinks the way he is going to be elected is he will buy an election,” Warren said. “I think the way that the Democrats ought to be picking their candidate is through the grassroots, I think funding is a big part of this.”
“When you can reach in your own pocket and throw a few hundred million on the table and start buying your way to a nomination, it’s a kind of different perspective than if you are doing it from the grassroots up,” she explained.
“Part of your credibility — or lack of credibility — is your record,” Warren noted. “Everybody brings their record along with them.”
“Somebody who thinks that redlining was sure a good deal for the banks, to me just kind of has the wrong perspective on the whole deal, because understand this about redlining: What happened in America was that the federal government subsidized the purchase of housing because it helps build wealth,” she explained. “They did it for decades — for white people. And they discriminated against black people. And it helped create a racial wealth gap that persists until this day.”
‘His incompetence will cost lives’: Joe Biden goes after Trump on coronavirus in new 2020 campaign ad
Former Vice President is continuing to campaign for president in spite of the COVID-19 pandemic hitting America.
On Saturday, Biden went after Trump on the issue of coronavirus testing.
"Where are the tests, Mr. President?" Biden asked.
Biden followed up with an online video warning that lives will be needlessly lost.
"His failure will cost lives," the video says. "His downplaying will cost lives. His incompetence will cost lives."
Joe Biden has one key coronavirus question he wants answered: ‘Where are the tests, Mr. President?’
Despite the inability to hold campaign rallies, the 2020 presidential campaign is continuing in spite of the COVID-19 coronavirus crisis.
With the response to coronavirus being the top public policy discussion in America, all eyes are focused on President Donald Trump's actions.
Trump had promised the nation that he would set up COVID-19 drive-thru testing sites in the parking lots of big-box retailers but has so far failed to deliver.
Trump’s chilling re-election calculus is to focus on economy instead of lives says former administration official: Report
Two top Washington Post journalists are out with a stunning story Saturday morning, an inside look at President Donald Trump's "risky push to reopen the country amid the coronavirus crisis."
Robert Costa and Philip Rucker took a deep dive into this week's developments, writing that "in private discussions, the president has been driven much more by economic concerns, according to people involved in internal debates or briefed on them. Trump has long viewed the stock market as a barometer for his own reelection hopes, and he has been distraught at the meltdown in recent weeks. He has been inundated with calls from business leaders, wealthy supporters and conservative allies urging him to get Americans back to work and stave off further calamity, even if doing so carries health risks."