POLITICS

Elizabeth Warren’s Virtual Candidacy - The New Yorker

US Senator Elizabeth Warren, Democrat of Massachussetts, attends a US Senate Banking, Housing and Urban Affairs Committee hea
US Senator Elizabeth Warren, Democrat of Massachussetts, attends a US Senate Banking, Housing and Urban Affairs Committee hearing on Capitol Hill in Washington, DC, February 24, 2015. Federal Reserve Chair Janet Yellen testified Tuesday that the US labor market still showed cyclical weakness and inflation continued to fall, making any interest rate hike unlikely before June. In testimony in Congress, Yellen also said that frailties in China and Europe continued to pose a risk for the US economy, supporting the need for keeping the extraordinarily loose monetary policy currently in place. But she said that generally the US economy continued to grow fast enough to bring down unemployment, and the Fed expected that inflation would return back to normal over the medium term. AFP PHOTO / SAUL LOEB (Photo credit should read SAUL LOEB/AFP/Getty Images)

The relationship between Senator Elizabeth Warren and Hillary Clinton, the Party’s most likely Presidential nominee, goes back to the second half of the Clinton Administration. Warren told me recently that the most dramatic policy fight of her life was one in which Bill and Hillary Clinton were intimately involved. She recalls it as the “ten-year war.” Between 1995 and 2005, Warren, a professor who had established herself as one of the country’s foremost experts on bankruptcy law, managed to turn an arcane issue of financial regulation into a major political issue.

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