Consumer advocate and bankruptcy expert Elizabeth Warren, who recently formed an exploratory committee to consider a U.S. Senate bid in Massachusetts, has decided to make her candidacy official, according to a spokesperson.
Warren will formally announce that she’s running tomorrow in communities across the Commonwealth. Her campaign says stops are planned in Boston, New Bedford, Framingham, Worcester, and Springfield.
Warren’s decision is sure to delight progressive activists in Massachusetts and across the United States who have strongly urged her to run.
A “Draft Elizabeth Warren” effort started by the Progressive Change Campaign Committee has already raised more than $100,000. ActBlue reports that total contributions to Elizabeth Warren have already exceeded $200,000 – and all of those came before her campaign became official.
Other candidates seeking the Democratic nomination for U.S. Senate include Herb Robinson, Alan Khazei, Jim King, Bob Massie, Marisa DeFranco, Setti Warren (no relation), and Tom Conroy. So it’s a crowded field. But none of these other candidates really has the higher profile that Warren has.
It’s no secret that big banks and insurance companies don’t like Warren, who is an unapologetically fierce advocate for consumer protection and for working families. Wall Street will likely spend a huge amount of money attempting to defeat her, as will the National Republican Senatorial Committee (NRSC).
At Mother Jones, Rick Ungar notes that Republicans may be sorry that they promised to block any attempt by President Obama to nominate Warren to run the Consumer Financial Protection Bureau:
The possibillty of Warren’s election presents GOP senators with a rich dose of irony. Warren was the obvious and most deserving person to serve as the first leader of the CFPB, the consumer protection agency she almost single-handedly created. However, in an effort to protect their Wall Street cronies and financial backers, the Republicans in the Senate made it very clear that her nomination would never be approved.
As the administrator of the CFPB, Warren would have been under the thumb of Congress. As a member of the Senate, it will be a very different story.
If Warren’s candidacy is successful, extremist Republican senators will soon have to put up with her as a colleague in just a year and a half.