Sen. Elizabeth WarrenElizabeth Ann WarrenBiden leads Sanders by single digits in South Carolina: poll 2020 Democratic candidates support Las Vegas casino workers on debate day Sanders takes lead in new Hill/HarrisX poll MORE (D-Mass.) accused President Obama and his team of protecting Wall Street in the aftermath of the financial collapse.

In an interview with Salon, Warren said the administration repeatedly favored Wall Street when it came time to draft rules and punish wrongdoers.


“He picked his economic team and when the going got tough, his economic team picked Wall Street,” she said. “They protected Wall Street. Not families who were losing their homes. Not people who lost their jobs. ... And it happened over and over and over.”

The freshman senator and noted big-bank critic has not been shy about taking administration officials to task in the past, criticizing financial regulators and the Justice Department for taking too soft an approach toward Wall Street. But her criticism of the president so directly is noteworthy.

At the same time, Warren did credit the president for helping steer the Consumer Financial Protection Bureau into reality despite harsh GOP opposition. Warren came up with the idea for an agency devoted to consumer issues, and Obama tapped her to first build it.

“If Barack ObamaBarack Hussein ObamaPro-Trump super PAC hits Biden with new Spanish-language ad in Nevada Meghan McCain rips Blagojevich pardon: He is 'like the swampiest swamp creature in the world' Ex-Obama aides say Bloomberg-Obama relationship more 'complicated' than his ads portray MORE had not been president of the United States we would not have a Consumer Financial Protection Bureau. Period,” she said.

With Attorney General Eric Holder stepping down, Warren said she is prepared to fight in the Senate to ensure his replacement will take a tougher stance toward taking bank executives to court for wrongdoing.

But despite her discontent with how Democrats are approaching the financial sector, Warren emphasized that her party’s efforts are still a far cry from what Republicans would like to do. She argued that if Republicans take control, they will do everything they can to step back new financial rules.

“Democrats have not done all that they should, but at least we’re out there fighting for the right things,” she said.