Oct 25, 2019

George Soros: Elizabeth Warren "is the most qualified to be president"

Fadel Allassan

Photo: Popow/ullstein bild via Getty Images

Democratic megadonor George Soros told the New York Times that he believes Elizabeth Warren is the "most qualified" candidate for the presidency in 2020 — though he stopped short of an outright endorsement.

Why it matters: Soros has donated tens of millions of dollars to Democratic candidates over the last few election cycles and set up his own super PAC ahead of the 2020 presidential election.

"There are more Main Streets in America than there are Wall Streets. So I don’t think that Wall Street, other than being a source of money, will have its way in choosing the president."

Worth noting: Despite the fact that many in finance are worried about Warren's progressive stance, Soros — a billionaire financier — said that he supports increasing taxes on the wealthy and reiterated his support for a wealth tax, which is one of Warren's key policy promises.

Go deeper: Why George Soros is a favorite target of the right

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Marisa Fernandez

The country's largest nurses' union will back Bernie Sanders in 2020

Sanders speaks during a health care rally at the 2017 Convention of the California Nurses Association/National Nurses Organizing Committee. Nurses wore red shirts in solidarity for the bill. Photo: Justin Sullivan/Getty Images

National Nurses United, the country's biggest nurses' union, will endorse Bernie Sanders in the 2020 presidential race this week, the New York Times reports.

Why it matters: It's significant that the group chose to back Sanders and his "Medicare for All" plan despite the fact that he's facing a progressive challenger in Elizabeth Warren on the issue.

Go deeperArrowNov 12, 2019
Orion Rummler

Steyer challenges Bloomberg on wealth tax

Tom Steyer and Michael Bloomberg. Photos: Mark Makela/Getty Images and Ron Adar/SOPA Images/LightRocket via Getty Images

2020 Democratic candidate and billionaire Tom Steyer challenged incoming contender Michael Bloomberg on Friday to support a wealth tax or leave the 2020 race.

The big picture: Bloomberg told Axios he will "spend whatever it takes to defeat Donald Trump." Steyer, also a billionaire, has spent more than any other Democratic candidate to self-fund his campaign — allowing him to meet the increasingly strict qualifications for presidential debates.

Go deeperArrowNov 8, 2019
Jacob Knutson

Sanders calls his Medicare for All plan "far more" progressive than Warren's

Photo: Justin Sullivan/Getty Images

Sen. Bernie Sanders defended his Medicare for All plan on the campaign trail in Iowa, telling ABC News that it's "much more progressive in terms of protecting the financial well being of middle income families" than Sen. Elizabeth Warren's plan, which she unveiled last week.

Why it matters: Warren has frequently said she's "with Bernie" on Medicare for All, but the health care truce between two of the most progressive candidates in the race seemingly broke with Warren's newly released plan.

Go deeperArrowNov 3, 2019