A former colleague of 2020 Democratic presidential candidate Senator Elizabeth Warren said she shifted from conservative to liberal in a Damascene conversion after years of watching bankrupt families pushed to the brink by big banks.
Warren, a Massachusetts Democrat, is a former finance professor at Harvard Law School and the University of Texas at Austin. But for many years she was a Republican, until the mid-1990s, when she registered as a Democrat.
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Warren refers to herself as a capitalist but rails against the actions of big business and calls for better regulation of markets. According to her campaign website, she wants corporations to pay more taxes; strong enforcement of antitrust rules; an "Ultra-Millionaire Tax" on America's richest 75,000 families; and a crackdown on lobbying.
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Back in 2014, Warren spoke to ABC News' George Stephanopoulos about her transition from GOP to Democrat. "I was an independent. I was with the GOP for a while because I really thought that it was a party that was principled in its conservative approach to economics and to markets. And I feel like the GOP party just left that," she said, Think Progress reported.
