Warren returns to Nevada, heart of 2008 economic crisis - News Summed Up

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Warren returns to Nevada, heart of 2008 economic crisis


LAS VEGAS — Democrat Elizabeth Warren, who made her name as a consumer advocate following the 2008 financial crisis, will make her first appearance Sunday as a presidential candidate in Las Vegas, the boom-and-bust town that made Nevada the epicenter of the country’s foreclosure crisis. These days, the economy in Las Vegas in booming, but growing unease about another potential slump, rising home prices and a shortage of affordable housing may create a welcome audience for the Massachusetts senator’s message of economic populism. “Everybody remembers how difficult that was,” said former Nevada Sen. Harry Reid, who brought Warren on in 2008 to chair the panel monitoring the bailout of banks, insurers and automakers. New Jersey Sen. Cory Booker is expected to announce a visit soon and has been a regular in Las Vegas, where his mother lives. Deborah Carter, a Las Vegas financial adviser, she said she feels Warren has been too strident against the financial services industry.


Source: National Post February 16, 2019 16:08 UTC



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