Julián Castro challenges Joe Biden on health care: 'Barack Obama's vision was not to leave 10 million people uncovered. He wanted every single person in this country covered. My plan would do that, your plan would not.' DemDebate
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Warren, back in 2005, was an academic who studied the ability of people to repay loans in times of medical hardship and unexpected job loss. Biden represented Delaware, home to many credit card companies."You're very good, professor," he said at one point, after challenging her about whether credit card companies should be forced to lower rates.
Warren actually cites her research on bankruptcies and the passage of this bill as the issue that turned her from conservative to liberal. It set her on the path to leaving academia and entering politics. This year, Warren is again talking about bankruptcies. She wants to cut down on private equity loading companies up with debt and then using bankruptcy as way to cut it loose. It's part of a larger plan she has to rein in Wall Street.
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