Sen. Elizabeth Warren is promising to remake the nation’s consumer bankruptcy system—potentially picking a fight with a top rival for the Democratic nomination.
The Massachusetts senator on Tuesday unveiled a plan she said would make the process of declaring bankruptcy easier and cheaper for many Americans with debts they can’t pay. It also would largely undo a 2005 law that was backed by Biden and financial industry interests with a lot of political clout in his home state of Delaware. Warren, then a bankruptcy expert and professor at Harvard Law School, clashed with then-Sen.
Warren has also talked about Iran, calling Soleimani’s killing an assassination. But Tuesday's plan is especially close to her heart. As a law professor at the University of Texas, she studied bankruptcy cases nationwide and concluded that, rather than overspending, many people declaring bankruptcy were doing so because the economy “forced them to take on more debt and more risk to cling to their place in America’s middle class.
Now that Warren is saying she wants to roll back many of those provisions, some of her supporters see a showdown coming.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Julián Castro endorses Elizabeth Warren in presidential raceIn an online video, Julián Castro tells Elizabeth Warren, 'No one is working harder than you.'
Consulte Mais informação »
Julián Castro endorses Elizabeth Warren for presidentAfter dropping out of presidential race, Julián Castro announces that he is endorsing Sen. Warren for president: 'Elizabeth and I share a vision of America where everyone counts ... I'm proud to join her in the fight for big, structural change.'
Consulte Mais informação »
Julian Castro endorses Elizabeth Warren for president days after quitting Democratic primaryFormer Housing and Urban Development Secretary Julian Castro endorsed Sen. Elizabeth Warren for president on Monday, days after dropping out of the 2020 race.
Consulte Mais informação »
Julián Castro endorses Elizabeth Warren for presidentFormer Obama housing chief Julián Castro endorses Elizabeth Warren for president saying she is ‘the most qualified’ to defeat President Donald Trump.
Consulte Mais informação »
Elizabeth Warren thanks Julian Castro for his support less than one month before Iowa caucusThe former HUD secretary said he was 'proud' to endorse the senator and join her fight for 'big, structural change.'
Consulte Mais informação »
Meghan McCain presses Elizabeth Warren to acknowledge Qasem Soleimani is a terrorist: 'Of course he is'Elizabeth Warren acknowledged that recently killed Iranian General Qasem Soleimani was a 'terrorist' after being pressed Tuesday by 'The View' host Meghan McCain to explain her opposition to the strike.
Consulte Mais informação »