Wall Street's abject fear of Democratic Sen. Elizabeth Warren getting into the White House is a mistake, says CNBC's Jim Cramer.
led the crowded field with nearly 30% support. As of Sunday, the RCP polling average showed Warren narrowing the gap with Biden, with 23% support to his 27.2%.
Cramer said Tuesday on CNBC that "I don't think she's nearly as anti-business" as portrayed. He also said jokingly, "I think there is such a thing called Congress," suggesting more seriously that her banking-bashing and wealth-taxing proposals could not unilaterally go into effect if she were to become president.
Last month, Warren sought to capitalize on Cramer's initial September comments about Wall Street being scared of her candidacy. In the midst of all the talk about CEOs fearing Warren, Cramer said he respects her. "You have a soft spot for her, it seems," CNBC host Carl Quintanilla "Yes," Cramer replied, saying it's "because I think she has thought about the people who are not doing well in the country, and that is great."
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