+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Biden secretly met with Elizabeth Warren - and that says a lot about the direction of the party

Aug 23, 2015, 02:43 IST

REUTERS/Jonathan Ernst

Vice President Joe Biden reportedly had a secret meeting with Sen. Elizabeth Warren (D-Mass.) on Saturday, CNN reports.

Advertisement

What's perhaps most interesting about the meeting is the conclusion that it's led everyone to draw: now he must be serious about a presidential bid!

CNN said it was "the biggest indication yet" that Biden could be feeling out his chances.

Bloomberg called it "a sign that Biden is courting influential members of the party before announcing his intentions."

They're not wrong.

Advertisement

Elizabeth Warren, once an obscure academic who only became a senator in 2013, has now become something like a Democratic Party bouncer. That is, any Democrat hoping to lead the party must try to get through her first.

That could have a big impact on the direction of the Democratic party - and its attitude toward Wall Street.

After all, Warren is the populist senator who once blocked a Democrat from a top Treasury position because he used to work at an investment bank.

She helped spearhead the Consumer Financial Protection Bureau, she's a loud supporter of the Dodd-Frank financial reform law, and most recently she's been calling to reinstate the Glass-Seagull Act in an effort to further regulate the financial industry.

Biden would not be the only presidential hopeful seeking Warren's approval, were he to run. Democratic front-runner Hillary Clinton has started to sound a lot more like Massachusetts progressive, too.

Advertisement

REUTERS/Jonathan Ernst

NOW WATCH: Here's who has the best chance of making it to the White House

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article