In an interview with People magazine, Sen. Elizabeth Warren (D-MA) said being possible future president Hillary Clinton’s Treasury Secretary was a fun thought. You can almost hear the horrified screams coming from Wall St.
According to People,
“They’re scared to death of Elizabeth Warren because she knows not only how banks operate, but she knows all about anti-trust law,” says Tufts University political science professor Jeffrey Berry.
So, if not chief executive, how would Warren feel about being Treasury Secretary under a President Hillary Clinton? Warren belts out a big, Clinton-caliber belly laugh. “Well, THAT’S a fun thought!”
As for Clinton, Warren says of the two women’s relationship: “We have talked. It’s not much more than that. Not much more.”
Warren was also asked about running for president, and she gave a maybe someday kind of answer that suggested that she would only run if Hillary Clinton chooses to sit out 2016. The odds of Clinton sitting out 2016 are getting close to zero, so that’s a big no from Warren on any immediate presidential campaigns.
The idea that Warren could be Hillary Clinton’s Treasury Secretary is a fascinating one. Judging from her reaction, I suspect the senator would love to have cabinet level power and influence over government economic and financial policy making.
The Clintons’ close ties to Wall Street mean that the chances of Warren running Treasury are slim, but there isn’t a thought that terrifies Wall Street and the big banks more than the prospect of Elizabeth Warren coming after them as Treasury Secretary.
Elizabeth Warren has a bright future whether she runs for president or not in 2016. She appears destined for a role in the executive branch government. Warren’s popularity and power are growing. Wall Street might be trying to halt off the inevitable by try to derail Sen. Warren’s rise.