Surprise! Donald Trump Is Wrong About Elizabeth Warren
ASSOCIATED PRESS
Elizabeth Warren has been rallying the progressive Twittersphere against Donald Trump, and the budding fascist isn’t happy about it. He’s now telling his legion of nationalists that Warren hasn’t accomplished anything in the Senate — a remark that sounds plausible only if you don’t pay attention to the Senate.
Warren is loathed by congressional Republicans and is a persistent thorn in the side of Wall Street-friendly Democrats (and yes, this is a significant portion of the party’s caucus). But it’s hard to argue that she doesn’t get things done. Her critics, in fact, are aggrieved by her Senate tenure precisely because she does get things done.
The Federal Reserve Chair is the single most powerful economic post in American government. The person who holds that position has tremendous influence over the direction of the economy and is imbued with broad regulatory authority over the nation’s financial system. When President Barack Obama wanted to appoint Larry Summers to that post in 2013, Warren galvanized opposition to the appointment on the grounds that Summers had a long history of supporting bank deregulation. A team of Senate Democrats including Warren blocked his nomination, and Obama named Janet Yellen to the job instead.
Warren prevented investment banker Anthony Weiss from getting a Treasury post a year later (he’s stuck in an advisory role instead of holding an undersecretary job).
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