Elizabeth Warren’s combative history with Wall Street could create a fundraising dilemma for her burgeoning Senate campaign.I tend to think that her bigger problem is that she has to fairly explicitly criticize Obama, but the (IIRC) she needs a modicum of support from the party establishment to net enough votes in the party caucus to even get on the primary ballot.
Her ardent grassroots following on the left — forged during stints as TARP watchdog and as mastermind of the Consumer Financial Protection Bureau — would likely make her a formidable Senate candidate in Massachusetts.
But her reputation as sheriff to Wall Street could also be a liability against Sen. Scott Brown (R-Mass.), a popular Republican who has been stockpiling campaign cash in anticipation of a tight 2012 race.
If Warren runs, she will have to decide whether to court high-rolling donors in the financial services community — an awkward choice both personally and politically, given her carefully crafted image as antagonist to big finance.
"I think it's pretty clear she's going to run the classic, grassroots campaign here in Massachusetts," said Mary Anne Marsh, a longtime Democratic operative in the state. "That means she's going to rely on folks here to give low-dollar donations here a number of times."
But without the support of heavy-hitting donors in Massachusetts, many of whom work at hedge funds and other financial firms, Warren might find it difficult to keep up with Brown’s fundraising juggernaut.
I tend to think that Warren will do more good outside of the Senate than inside the Senate, if just because being a woman with no seniority in what is a pretty misogynist institution is not a high impact position.
In any case, you can donate here, or via Matthew Saroff's Act Blue Page
H/t Sarah Burris at Crooks and Liars
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