Progressives, sure that their chosen candidate will win the presidency, have already begun pushing their chosen candidates for top-level posts.
A number of far-left activists are now calling for former Vice President Joe Biden to appoint Senator Elizabeth Warren as Secretary of the Treasury, setting up a battle with moderates in the party who want to choose a centrist candidate for the post.
“There’s a huge gap between Sen. Warren and any other likely candidate,” progressive activist Larry Cohen told Yahoo News. “She, first of all, understands finance capital and second of all is prepared to wrangle with it. Some of the other candidates I’ve heard about are not prepared to wrangle with it.”
The Biden-Harris campaign has so far managed to avoid a public brawl by stating that the former VP and his running mate aren’t making personnel decisions before the election. However, the date is soon approaching, and Biden will have two warring factions of the party eager to influence what his administration looks like.
If Sen. Warren does get the nod for Treasury Secretary, it’s not hard to see how she will upend the economy in short order. The Senator from Massachusetts has long called for a wealth tax in the United States, and she repeated these calls in a recent interview with MSNBC.
The Massachusetts senator also wants to close what she views as “loopholes” in order to extract more taxes from wealthy individuals. Both plans are a recipe for disaster.
If Biden wins the presidency and appoints Sen. Warren as Secretary of the Treasury, there will be time before her confirmation for wealthy individuals to move their money in order to avoid paying the huge tax bill. As progressives are relying on the extra income to fund their far-left agenda, it could very well be the middle-class left holding the bag and being forced to pay high taxes to subsidize socialist government programs.
Warren’s path to Treasury Secretary is a precarious one. She has the unwavering support of progressive organizations, activists, and donors. However, she could very well face a Republican-controlled Senate that may be wary of giving her such unfettered access to her chosen position. It’s also worth noting that, to become the Secretary of the Treasury, she would need to resign her Senate seat, thus allowing a Republican Massachusetts governor to appoint a Republican to the Senate in her stead. This alone may be enough to doom her candidacy for a cabinet position.