AMONG the people who noticed that something was wrong with how banks were issuing credit before the financial crisis was a Harvard professor called Elizabeth Warren. Her prescience helped to propel her from obscurity to Congress, where she is now the senior senator for Massachusetts. Politics occasionally provides openings for youthful candidates to soar. Mrs Warren’s ascent is more unusual: she was a 63-year-old grandmother when she first stood for election. After little more than a year in office she has become one of her party’s stars, constantly fending off questions about a presidential run in 2016.The strength of Mrs Warren’s appeal to Democrats requires some explaining. Republicans have become skilled, perhaps too much so, at tapping into anti-establishment feelings among their base. Mrs Warren inspires similar feelings among Democratic activists, though the establishment she has in mind, which consists of the country’s financial elite and its supporters in Congress, is a different one. Though Democrats are less prone to fratricide than Republicans, Mrs Warren’s willingness to take on members of her...
from The Economist: United States http://ift.tt/1mDKjJF
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