Elizabeth Warren: The Rolling Stone Interview

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Elizabeth Warren: The Rolling Stone Interview
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.ewarren appears on our latest cover. In the in-depth interview, she talks to tessastuart about her family's financial troubles, why she loves Patsy Cline, what she learned from the DNA test debacle and more

Val Air Ballroom in West Des Moines, Iowa, a Forties dance hall converted from a World War I tire factory with ancient plumbing and a buzzing neon sign. Sen.is listed on the marquee just above the cage fights and the craft show taking place next month. Hundreds of people have crowded onto the well-worn maple floor: old ladies in NEVERTHELESS SHE PERSISTED T-shirts, college students home for Thanksgiving, young couples with small kids.

Each piece of doubt put a little bit more drag on her upward trajectory, compounding uncertainty that she could win in a general election. For the entire race, she has been leading in polls that ask Democrats who theyto be president, but when the question becomes who do they think can beat Donald Trump, Biden pulls ahead.

But an entire lifetime elapsed between those events and Warren’s decision to get into politics. In between, she went to college, dropped out, got married, had two kids, completed her degree, began teaching, graduated from law school, divorced, and remarried, to Bruce Mann, a fellow law professor. As a law professor, Warren had done years of research showing that most people who declared bankruptcy weren’t deadbeat system-cheats. They were, more often than not, middle-class people who had experienced some kind of tragedy: lost a job, got sick, divorced. Reid wanted her to sit on a bipartisan committee overseeing the Troubled Asset Relief Program, the Treasury Department’s $700 billion Hail Mary to shore up the financial system after the 2008 crash.

Massachusetts had never elected a woman to statewide office. And there were a lot of people, Schriock remembers, who were adamant that a woman couldn’t win. But Warren took the race by seven and a half points. “People should not underestimate her,” says Reid. “I think some people are doing that, and that’s a mistake.”

You were a Republican for much of your adult life. Does that give you an advantage to understand conservative voters, to be able to tailor your message— Was your decision to go back to college after you dropped out to get married motivated by a need to feel financially self-sufficient? Warren teaching at the University of Pennsylvania in the early nineties. “She had a reputation as a tough but excellent teacher,” says Rep. Katie Porter, a former student of Warren’s at Harvard. “She has the kind of energy that when she would enter the room, you would know she was there and you didn’t even have to turn around.” Photo credit: Leif Skoogfors/Corbis/Getty Images

The truly wealthy in this country aren’t making their money through working and producing the kind of income that ordinarily gets taxed. Instead, they’ve built great fortunes that now have their own money managers and PR firms to protect those fortunes and make those fortunes grow, and, boy, are they growing — they are growing faster than incomes all around this country.

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