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Happy Friday! Senator Warren’s fight to prevent a major change to Dodd-Frank from riding through on a budget deal led the day Thursday, and news of increased opposition to Treasury nominee Antonio Weiss showed a growing number of Democrats voicing their concern.
NEW OP-ED FROM MOVEON: An Open Letter to Senator Elizabeth Warren: Run Warren Run!
“Senator Warren: If you run for president, millions of Americans will be right there with you, helping forge a path from the Iowa caucuses all the way to the White House and through the fights to make the changes all of us know need to be made. We’ve got your back.
That’s because you’ve had our backs. You’ve stood up for us—America’s students, mothers, retirees, teachers, minimum-wage workers, and regular Americans—by standing up to the big banks and corporations. You’ve inspired us by your tireless, boundless advocacy for working families and the middle class, striving each day to help America revive the American Dream.”
300+ FORMER OBAMA STAFFERS JOIN CALL FOR WARREN TO RUN. Ready for Warren is releasing the letter this morning. The New York Times’ Nicholas Confessore has more: “The signers each worked on Mr. Obama’s successful White House campaigns or at his political organization, now called Organizing for Action, mostly in midlevel jobs as field organizers or as part of the campaigns’ groundbreaking data and technology efforts. They include Rajeev Chopra, who served as chief information officer for both of Mr. Obama’s presidential bids; Catherine Bracy, who directed the 2012 campaign’s tech field office in San Francisco; and Judith Freeman, who served as new media field manager on the 2008 campaign.”
Full letter: “We know that the improbable is far from impossible. … Rising income inequality is the challenge of our times, and we want someone who will stand up for working families and take on the Wall Street banks and special interests that took down our economy.”
IF THEY BUILD IT, WILL SHE RUN? asks David Catanese in the headline of his U.S. News report on the growing movement to encourage Senator Warren to run for president. MoveOn.org Civic Action Executive Director Anna Galland tells Catanese: “She has said, ‘I’m not running, I’m not running.’ That is currently true, until it’s not. If she sees the passion and the size of the groundswell that’s really hers for the taking, she’ll get in and run.”
ICYMI: Rep. Keith Ellison @keithellison: America is built on bold ideas & @SenWarren is full of them. Exciting effort by @MoveOn to elevate her progressive ideals w/ #RunWarrenRun
WARREN LEADS PUSH TO STRIKE DODD-FRANK CHANGE FROM CROMNIBUS: The Hill’s Peter Schroeder and Kevin Cirilli report that Warren is “spearheading a revolt on the left” and that her dissent is “giv[ing] voice to opposition among liberals to provisions tucked in the ‘cromnibus’ deal that they argue would let big banks engage in the same risky trading that toppled the economy in 2008.”
Mother Jones’ Erika Eichelberger with what you need to know about that “Wall Street giveaway that Elizabeth Warren hates.”
@annagalland: .@MoveOn members made nearly 3k calls against the #CitigroupShutdown today. Thank you @SenWarren for fighting for all of us.
MORE SENATORS JOIN WARREN IN OPPOSING WEISS: A growing number of Senators are voicing concern that the “Obama administration relies too much on Wall Street veterans to fill important regulatory posts” and joining Senator Warren’s opposition to the nomination of Antonio Weiss for a top spot at Treasury, write Kathleen Hunter and Richard Rubin in Bloomberg. Bloomberg notes the work by CREDO Action, the Progressive Change Campaign Committee, and MoveOn in supporting Warren.
“It’s the Warren-led opposition to him in the Democratic caucus that’s most interesting, because it’s not really about Antonio Weiss at all — it’s about the direction the Democratic Party will take in the post-Obama era.” – Matt Yglesias / Vox
MSNBC’s Zachary Roth writes that the campaign against Weiss’ nomination is “shaping up as a test of the strength for the progressive wing of the Democratic party. Sen. Jeanne Shaheen of New Hampshire, a relative moderate, came out Wednesday in opposition to Weiss, and Sen. Dick Durbin of Illinois, the number 2 Senate Democrat, also is opposed.”
CFPB SUES, SHUTS DOWN STUDENT DEBT ‘RELIEF’ SERVICES: Tackling our student debt crisis is one of Senator Warren’s top priorities, and the organization she created took action on Thursday against two companies for “illegally marketing student debt relief services.” CFPB Director Richard Cordray said of the action: “When scam artists prey on student loan borrowers, we will take action to halt their illegal activity.”