Elizabeth Warren

Elizabeth Warren's Wall Street frenemies

An illustration of Warren holding one of her signs.
Illustration: Rebecca Zisser/Axios

Elizabeth Warren understands Wall Street better than any other presidential candidate. She studied it in her previous career as a Harvard professor, and she has effectively built her own think tank inside the Senate, coming up with genuinely novel ideas for how to improve financial regulation.

What to watch: Warren has already received the grudging respect of many on Wall Street. Her diagnoses of where the financial services industry falls short are generally accurate, and her proposed regulations would probably give a competitive advantage to financial giants with large compliance departments.

Puerto Rico Gov. Rosselló's scandals threaten recovery from Hurricane Maria

This image shows a birds eye view of an X shaped crosswalk that is crowded with people on all sides.
Protesters demonstrate against Rosselló along a street leading to the governor's mansion on July 20. Photo: Joe Raedle/Getty Images

2020 candidates Sen. Elizabeth Warren, Rep. Tulsi Gabbard and former HUD secretary Julián Castro called for Puerto Rican Gov. Ricardo Rosselló to resign on Friday, while Rep. Alexandria Ocasio-Cortez echoed the call on Saturday.

Why it matters: Puerto Rico, which declared bankruptcy in 2017 amid "the biggest government financial collapse in United States history," is still struggling to recover from Hurricane Maria. Rosselló has said he won't resign, but his political power has already diminished — putting the island's long-term recovery in further jeopardy as his scandals outweigh efforts to rebuild.