hurt ordinary people. the experience would have a profound affect on warren s politics. the credit card companies start pushing for the changes they want and that s when i make the shift. that s when i become a democrat. when the republicans would come up with notions about how to change the bankruptcy code, i would bounce them off elizabeth warren. she would tell me real word consequences. too many people have abused the bankruptcy laws. warren is crushed whether in 2005 a bill is signed into law making it harder to file for bankruptcy. we held them off for ten years. for ten years in that fight. in the end, lost. lost big. the banks got basically everything they wanted. there s something good that comes out of this story. that is, i learned about fighting. i learned about fighting in washington. i learned about fighting against those with power. i m not a bigwig.
financial crisis in how the government was going to respond. a lot of those people saw elizabeth warren as their champion. the petition drivers out there to make sure she becomes head of the agency. there was a problem in washington. she was so controversial and had so much opposition from republicans and democrats and democrats told obama she would not be confirmed. the white house felt this contentious senate confirmation process could drag on for months and wanted to start building the new agency now. the president only offers her a temporary job setting up the agency. she will have direct access to me and to secretary geitner. she will oversee a staff at the treasury department that has begun to work on this task. good luck. warren takes a leave of absceabou absence from harvard. there is strong opposition to the agency and her, especially from con seservatives like glen
somebody whose image, whose selling point, whose appeal is that she s genuine. they looked at that and said, boy, that sounds kind of like there s a calculation there. everybody we talked to kind of said the same thing and gave us the same information, that it didn t play any role in her employment. i never got any benefit for my native american heritage. the people who hired me have been absolutely clear on this point that they didn t know and didn t care. her responses don t satisfy everyone. warren wins the party s endorsement at the june conventi convention. her republican opponent scott brown raises the native american issue to attack her character during their first debate hosted by wbz-tv boston. professor warren claimed she was a native american, a person of color. she s not. that may have backfired. a lot of people did see it as at least somewhat racially charged,
how two wage earners have a struggle. i thought she would be good. she was better even than i imagined. people on that commission, they selected her as a chairman out of all these big shots. she impressed me as somebody who was different and had this talent for explaining complicated things in ways that the rest of us could understand. these bad mortgages and the securities that were based on them became known as toxic or troubled assets. from the start, warren presses the bush administration for answers on what they re doing with the money. helping little guy or just the big banks. treasury has yet to take any step to use tarp funds or develop funds to maximize assistance to homeowners as required by law. she never waivered from asking the question, what actually is in the interest of american public in the financial crisis. when obama takes office in january 2009, he inherits the
facebook live. mr. chairman and members of the committee, this is mrs. king s letter. she took the moment and she made it what was already a big and unprecedented moment on the senate floor, she made it about ten times bigger afterwards. the video is viewed millions of times by the next day. nevertheless, she persisted. mcconnell has given warren a sort of catch phrase and a way of describing her leadership. attorney general jeff sessions. jeff sessions is confirmed. it s a loss for warren but her team capitalizes on the reprimand plastering it on merchandise. this was a moment that would galvanize millions of democrats, liberals, progressives around her. we are the party of opposition. that is our job. outspoken and unapologetic.