Elizabeth Warren on Obama: 'the president's team chose Wall Street'

[Eric J in MN]

Elizabeth Warren:

“But it is the case that I see a government that increasingly works for a thinner and thinner slice at the top and leaves everyone else behind. Until we take that on and break the stranglehold that the obscenely rich and powerful hold over our country, we can’t straighten out much of anything else.”

I noted that she had worked in Obama’s administration for a while and that, for all the good he did, he didn’t break that stranglehold, either. Why? She paused. “I tangled publicly with the administration over trade and over the regulation of big banks. Tim Geithner and I”—here she chuckled—“had battles that spilled onto the public stage.” In A Fighting Chance, she laments, “The president chose his team, and the president’s team chose Wall Street.” But now she defended Obama, arguing simply, “Barack Obama stood up for the consumer agency when a lot of folks in his administration didn’t want to, when others were willing to throw it under the bus.”

https://www.thenation.com/article/elizabeth-warren-presidential-campaign-2020/

The Subject quote is from her 2014 book.