“If [Warren’s] objective is to push the Democratic Party to the left on economic policy, she can advance that goal by trading her endorsement to Joe Biden,” writes jonathanchait
Photo: Chris Carlson/AP/Shutterstock When Elizabeth Warren began her candidacy in 2018, I expected her to be the candidate who would get my vote. She had, in my view, identified the political and policy sweet spots to move her party left: corruption and financial regulation, and she designed effective populist plans to rein in Wall Street and the power of organized money.
For many progressive activists, the priority was that either Warren or Sanders gets the nomination, even if they may have disagreed bitterly on which of the two was better. Those progressives have assumed all along that the ultimate defeat of one of the two would result in combined support for the other. If Warren shares that view, she should, and probably will, endorse Sanders.
If Warren offers to trade her endorsement to Biden, she might plausibly ask for one or more of the following:• Director of the Consumer Financial Protection Bureau Biden might or might not be ready to offer the vice-presidency — depending on which constituencies he needs to shore up — but everything else on that list is probably on the table. Financial regulation and corruption are an issue space where Biden can not only afford to move left, but has an incentive to do so.
Of course Warren might also negotiate with Sanders — she will probably be smart enough to bargain with both, increasing her leverage. But while Sanders needs her endorsement more, he probably has less to offer. Sanders is already on the far left on every issue Warren cares about. He might be able to offer the vice-presidency, though a scenario where Sanders wins might require him to go deeper into the Democratic mainstream to hold the center.
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