Warren announces White House bid, getting early jump on 2020 race

Sen. Elizabeth WarrenElizabeth WarrenWarren won't meet with Barrett, calling Trump's nomination an 'illegitimate power grab' The Hill's Campaign Report: Trump's tax bombshell | More election drama in Pennsylvania | Trump makes up ground in new polls New Biden campaign ad jabs at Trump's reported 0 income tax payments MORE (Mass.) became the first major Democratic name to jump into the 2020 presidential race on Monday, announcing that she is forming an exploratory committee to run for the White House. 

The senator made the announcement in a video sent to supporters and posted on YouTube. 

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“America’s middle class is under attack,” Warren said in the video. “How did we get here? Billionaires and big corporations decided they wanted more of the pie. And they enlisted politicians to cut them a bigger slice.”

Warren’s announcement comes about 13 months before the Iowa caucuses. Aside from Warren, the biggest name to have announced an exploratory committee is former Housing and Urban Development Secretary Julián Castro.

Warren has long been seen as a leading contender for the Democratic Party's 2020 presidential nomination. The liberal stalwart, first elected to the Senate in 2012, is a proven fundraiser and party heavyweight who declined to step into the 2016 presidential primary. 

Warren, 69, is a former Harvard professor who first came to national prominence after the 2008 financial crisis. Warren chaired an oversight panel established by Congress that evaluated government programs intended to bolster the country after the crisis and worked to establish the Consumer Financial Protection Bureau. 

Polls suggest former Vice President Joe BidenJoe BidenFive takeaways from Trump-Biden debate clash The Memo: Debate or debacle? Democrats rip Trump for not condemning white supremacists, Proud Boys at debate MORE and Sen. Bernie SandersBernie SandersTrump, Biden clash over health care as debate begins Biden calls Trump a 'liar' and a 'clown' at first debate Biden mocks Trump campaign debate claims: 'I've got my earpiece and performance enhancers ready' MORE (I-Vt.) are the early leaders for the Democratic nomination, which could be a reflection of their high name recognition. If Sanders enters the primary, he and Warren could compete for progressive voters.

The primary is expected to be crowded. Other figures looking at the race include Rep. Beto O'RourkeBeto O'RourkeUnion leader vows 'infrequent' minority voters will help deliver Biden victory Jimmy Carter says his son smoked pot with Willie Nelson on White House roof O'Rourke endorses Kennedy for Senate: 'A champion for the values we're most proud of' MORE (Texas), former New York City Mayor Michael Bloomberg, and Sens. Cory BookerCory Anthony BookerWarren won't meet with Barrett, calling Trump's nomination an 'illegitimate power grab' Schumer won't meet with Trump's Supreme Court pick This week: Senate kicks off Supreme Court fight MORE (N.J.), Amy KlobucharAmy Klobuchar3 reasons why Biden is misreading the politics of court packing Social media platforms put muscle into National Voter Registration Day Battle lines drawn on precedent in Supreme Court fight MORE (Minn.), Sherrod BrownSherrod Campbell BrownMnuchin says he and Pelosi have agreed to restart coronavirus stimulus talks Harris faces pivotal moment with Supreme Court battle Remote work poses state tax challenges MORE (Ohio), Kamala HarrisKamala HarrisThe Memo: Debate or debacle? Biden will keep debating Trump, campaign says Joe Scarborough urges Biden: 'Do not do anymore debates' MORE (Calif.) and Kirsten GillibrandKirsten GillibrandSunday shows preview: Lawmakers prepare for SCOTUS confirmation hearings before election Sunday shows preview: Justice Ginsburg dies, sparking partisan battle over vacancy before election Suburban moms are going to decide the 2020 election MORE (N.Y.). 

The formation of the exploratory committee was preceded by other signals from Warren that she is going to run for president.

In October, Warren announced the results of a DNA test that showed "strong evidence" that she has Native American ancestry. The move was intended to put to rest scrutiny that she had claimed Native American ancestry, something President TrumpDonald John TrumpFive takeaways from Trump-Biden debate clash The Memo: Debate or debacle? Democrats rip Trump for not condemning white supremacists, Proud Boys at debate MORE had used to question her credibility. 

Trump frequently refers to Warren as "Pocahontas," a racially charged remark that has drawn intense criticism.

The release of the test does not appear to have ended Trump's insults, and it also drew criticism from some Native American groups who see such genetic tests as problematic. 

Warren discusses themes such as economic equality, government accountability and reining in big corporations in the four-and-a-half minute video. 

“I’ve spent my career getting to the bottom of why America’s promise works for some families, but others who work just as hard slip through the cracks into disaster,” Warren says. “What I’ve found is terrifying. These aren’t cracks that families are falling into, they’re traps.”

She concludes the clip by saying, “If we organize together, if we fight together, if we persist together we can win.

“We can and we will.” 

The move from Warren comes just a couple days after she dropped the Massachusetts prefix from her official Twitter account handle, fueling speculation that a bid for president would soon be announced. 

The Washington Post reported that Warren is expected to base her campaign headquarters in Boston. It will likely be led by longtime aide Dan Geldon.