Supposed Wall Street Warrior Warren Hints She May Be Hillary’s VP
By Kurt Nimmo – Infowars
Massachusetts Democrat Senator Elizabeth Warren is ready to trash her image as a progressive warrior battling Wall Street.
Sources told Reuters last night Warren will endorse Hillary Clinton and has not ruled out serving as her running mate. Her advisers are in close contact with Clinton’s campaign team.
According to Reuters, if Warren joins the Clinton ticket she will energize progressives and win over Bernie Sanders supporters.
In 2013, the former Harvard Law School professor joined a bipartisan group of fellow senators to introduce the 21st Century Glass-Steagall Act. The legislation gained little traction in Congress.
Warren wrote the purpose of the bill was “to reduce risks to the financial system by limiting banks’ ability to engage in activities other than socially valuable core banking activities” and “to protect taxpayers and reduce moral hazard by removing explicit and implicit government guarantees for high-risk activities outside of the core business of banking.”
Bill Clinton worked with Congress to repeal the Depression-era Glass–Steagall Act. Its removal allowed investment banks to create the subprime bubble that took down the economy in 2008.
In October, Hillary Clinton said she would not reinstate the law separating commercial and investment banks. “The big banks are not the only thing we have to worry about,” she said.
Donors from Wall Street and other financial services firms have given $44.1 million to the Clinton campaign.
She has also received money from George Soros and hedge-fund manager S. Donald Sussman. Top donors include Citigroup, Goldman Sachs, JP Morgan Chase, and Morgan Stanley. Clinton has also received hundreds of thousands of dollars in speaking fees from major banks. She has fought to keep transcripts of the speeches secret.
It is not clear how Warren will square her decision with the fact Hillary Clinton is the preferred choice of Wall Street and the bankers.
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