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Maria Bartimoro on Potential Biden Administration: Warren Would Be “Most Important Voice”
Maria Bartiromo, a Fox Business anchor, has outlined a potential Joe Biden administration. She said, “the most important voice economically speaking will be Elizabeth Warren.”
The anchor has cited information from a Wall Street source, investment banking company Cowan Inc. The said company said that Warren will have an “outsized policy role if Joe Biden can defeat Donald Trump in November.”
“Whether Elizabeth Warren is the Treasury Secretary under a Biden presidency or whether she stays in the Senate, her voice will be critical in terms of economic policy,” Bartiromo said.
“She’s proposing a wealth tax; she’s proposing higher marginal rate taxes, she’s proposing a breakup of a number of companies within banking and within telecomm,” Bartiromo said. “So, I think once the market starts understanding the impact, we will probably see a sell-off, if, in fact, it looks more likely that Biden will win.”
Trump in Recent Polls
This should scare everyone! Maria Bartiromo: Elizabeth Warren would be 'most important' economic voice in a Biden administrationhttps://t.co/sHk6FtqVgH #Trump2020NowMoreThanEver
— Veronica Birkenstock (@vtbirkenstock) June 29, 2020
Fox Business reported that Trump’s poll numbers have recently trended downward. This comes with the criticism over how his administration handles the COVID-19 pandemic. The president also received criticism for how the White House responds to protests following the death of George Floyd.
Trump trails “presumptive Democratic nominee Joe Biden by 12 points,” in a recent poll by Fox News. Meanwhile, a RealClearPolitics average of polls had Trump down almost 10 points to Biden.
“It's hard to judge whether or not the polls are accurate right now,” Bartiromo said.
“It is surprising to see that the candidate for really law and order, President Trump, as well as job creation, is actually trailing. We’ll have to wait and see more information in terms of what the public believes and what the Wall Street investor class believes will be a Biden administration,” she added.
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