On New Year’s Eve, 69-year-old Democrat Elizabeth Warren announced that she is planning to challenge Donald Trump in the American presidential election in 2020, The New York Times reported.
Warren, who is a senator in the state of Massachusetts, is previously known for her criticism regarding cryptocurrencies, Cointelegraph reports.
Expressed concern for American consumers
During a hearing in October, Warren said that “the challenge is how to nurture productive aspects of crypto with protecting consumers”.
And in November, she further expressed concern that American families are at risk of getting hurt, and that there may be a need for an agency to keep track of the crypto market.
“What I think is that we need a Fed (Federal Reserve) that is engaged in watching where risk builds up in the system. That’s the Fed’s job – that’s not the job of American families”, Elizabeth Warren said last November.