Michele Bachmann On Elizabeth Warren: 'She Is In No Way A Populist'

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"I don't see Elizabeth Warren as someone Republicans have to worry about, not at all. Elizabeth Warren, after all, was a major advocate of Dodd-Frank," Bachmann said, referring to the 2010 Wall Street reform law that established the Consumer Financial Protection Bureau (CFPB), which Warren designed and lobbied for.

The 2010 law also aimed to reform the way Wall Street is regulated -- but not in Bachmann's telling.

"Dodd-Frank is the biggest insider legislation giveaway that there's ever been," Bachmann said, speaking to HuffPost in the Capitol. "If any one is aligned with elites, it's Elizabeth Warren. She is in no way reflective of where the average American is, because what she did through Dodd-Frank was institutionalize bailouts for the major investment banks forever. That's what she did. So now the taxpayers are on the hook for who? The Goldman Sachs of the world? I mean, really? So that's what she's behind, so she is in no way a populist. Her views are among what the American people are rejecting."

Credible figures from across the political spectrum have criticized Dodd-Frank for institutionalizing the protection of too-big-to-fail banks. And Warren is closely associated with Wall Street reform, which she pushed hard for. She was not a senator in 2010 and was much more focused on the CFPB than other provisions, but it isn't unfair to connect her to the broader bill.

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More at:http://www.huffingtonpost.com/2014/06/13/michele-bachmann-elizabeth-warren_n_5492950.html