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Photo: Scott Eisen/Getty Images

Elizabeth Warren is a Massachusetts senator known for her consumer advocacy and efforts to regulate big financial institutions. Her brainchild, the Consumer Financial Protection Bureau, was created in 2011.

Key facts:
  • Current position: Senator from Massachusetts — 6 years served
  • Age: 69
  • Born: Oklahoma City
  • Undergraduate: University of Houston
  • Date candidacy announced: Feb. 9, 2019
  • % of votes in line with Trump, per FiveThirtyEight: 13.2%
  • Previous roles: Law professor; member of Congressional Oversight Panel monitoring $700 billion TARP bank bailout program; special adviser for CFPB.
Her stance on key issues:

Key criticism:

1 fun thing:
  • She was a state debate champion in Oklahoma and graduated high school at 16.

Go deeper: What you need to know about the other 2020 candidates

Go deeper

Dems race to address, preempt stimulus fraud claims

Illustration: Aïda Amer/Axios

Biden officials are working to root out the systematic fraud in unemployment and Paycheck Protection Program claims that plagued the Trump administration’s efforts to boost the economy with coronavirus relief money, Gene Sperling told House committee chairmen privately this week.

Why it matters: President Biden just signed another $1.9 trillion of aid into law, with Sperling tapped to oversee its implementation. And the administration is asking Congress to approve another $2.2 trillion for the first phase of an infrastructure package.

7 hours ago - Politics & Policy

Scoop: Biden close to picking Nick Burns as China ambassador

Nicholas Burns. Photo: Alex Wong/Getty Images

Nicholas Burns, a career diplomat, is in the final stages of vetting to serve as President Biden’s ambassador to China, people familiar with the matter tell Axios.

Why it matters: Across the administration, there's a consensus the U.S. relationship with China will be the most critical — and consequential — of Biden's presidency. From trade to Taiwan, the stakes are high. Burns could be among the first batch of diplomatic nominees announced in the coming weeks.

Biden's Russian sanctions likely to achieve little

President Biden announces new sanctions against Russia. Photo: Chip Somodevilla/Getty Images

Despite bold talk from top administration officials, there's little reason to think the Russia sanctions package President Biden announced Thursday will do anything to alter Russian President Vladimir Putin's behavior or calculus.

Why it matters: While it's true some elements of the package — namely, the targeting of Russia's sovereign debt — represent significant punitive measures against Moscow, it leaves plenty of wiggle room for the Russian president.