Sen. Warren at Netroots Nation Convention Urges 2016 field: "Run for People, Not Banks!"

[KoKo]

Sen. Warren urges 2016 field: Run for people, not banks
The Lowell Sun
Updated: 07/18/2015 07:49:17 AM EDT
# Comments

PHOENIX (AP) -- Massachusetts Sen. Elizabeth Warren on Friday pressed the 2016 presidential contenders to curb the influence of Wall Street banks, as she seeks to leave her imprint on the agenda of Hillary Rodham Clinton and rest of the Democratic field.

Warren said in a keynote address to the annual Netroots Nation convention that the next president needs to halt the revolving door between those working in finance and at the government agencies that regulate Wall Street. Anyone seeking the White House, she said, should promise to appoint people who will "hold giant banks accountable."

"I think that anyone running for that job, anyone who wants the power ... should say loud and clear: 'We don't run this country for Wall Street and mega-corporations. We run it for the people,"' Warren said.

For Warren, who rebuffed draft efforts by liberals who wanted her to seek the Democratic nomination, it was the latest example of her attempt to shape the policy positions espoused by the Democratic contenders. She remains a hero among many progressives who admire her brand of economic populism and she received a rousing reception from the 3,000 activists at Netroots.

During her speech, Warren was interrupted with cheers when she noted that "we have a presidential election coming up." Some chanted, "Run, Elizabeth, run." Warren sought to tamp down the applause.

She said recent administrations had been filled with people in senior roles with links to Wall Street, including giant banks like Citigroup.

Her speech made no direct mention of Clinton, who is skipping the Netroots convention. Nor did she mention Vermont Sen. Bernie Sanders or former Maryland Gov. Martin O'Malley, who will address the group Saturday. But she sought to lay down a marker on the types of economic policies she hopes to see in the campaign.

http://www.lowellsun.com/breakingnews/ci_28503985/sen-warren-urges-2016-field-run-people-not

[Thinkingabout]

1. Now if Congressional members would beef up the Dodd-Frank bill to handled the needs of proper

Regulation. Okay, Congress it is in your court. BTW, a bill has to be on the books first before having the ability to hold people responsibility, it doesn't matter who is appointed
.

[rhett o rick]

2. Congress has a lot of responsibily here but that's not an excuse to hire

Holder and let him give Wall Street a pass, then let him go back to work for Wall Street. That's corruption at the highest level. The president has some responsibility here.

And it would be interesting to here what the presidential candidates have to say about this issue, other than Sen Sanders. We know his stand. How does HRC stand on the "revolving door"?