While she rails against Wall Street’s influence on Washington, the progressives’ darling may be helping line the pockets of the multi-millionaire hedge-fund manager behind her favorite think tank.
Senator Elizabeth Warren claimed another scalp in her fight against the finance industry’s influence on Washington last week.
After years on the warpath against Wall Street, the Massachusetts Democrat set her sights on the left-leaning Brookings Institution. She accused Robert Litan, a Brookings scholar and former Clinton-administration economist, of being a shill for the mutual-fund company that funded his research criticizing the Obama administration’s plan to regulate investment firms. Though Litan claimed that the company, Capital Group, had no influence on his findings, Brookings sought and received his resignation just hours later.
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