Elizabeth Warren formally launches 2020 White House bid

Elizabeth Warren officially launches 2020 presidential campaign - live updates

Elizabeth Warren officially kicks off 2020 White House bid

She was the first high-profile Democrat to signal interest in running for the White House, forming an exploratory committee on New Year's Eve.

"We all want a country where everyone, not just the wealthy, can take care of their families ... where everyone can participate in democracy, where every child can dream big and reach for real opportunity ... to build an America that works for everyone". "I was a Republican because I thought that those were the people who best supported markets", she said.

The 69-year-old from the U.S. state of MA has already become a main target of Trump, who has dubbed Warren "Pocahontas" for previously identifying herself as a Native American, a controversy that has plagued the run-up to her candidacy.

Warren's heritage claims have dogged her since her first campaign for the Senate in 2012, and Trump mockingly refers to her as "Pocahontas".

"Democratic voters have said in polls that their primary concern leading up to 2020 is selecting a candidate who can defeat Trump, and they're anxious that just as Trump was able to use Hilary Clinton's emails scandals and blow that into a big thing that was very damaging to her campaign, that he may use this claim of Elizabeth Warren's Native American ancestry as her Achilles' heel". We can't afford to just tinker around the edges - a tax credit here, a regulation there.

In her speech, Warren said "This is the fight of our lives". California Representatives Ted Lieu, Katie Hill, and Nanette Barragán have all endorsed California Senator Kamala Harris, who officially announced her candidacy last month.

Warren spoke at the site of the "Bread and Roses" strike of 1912, which pitted thousands of textile workers, majority women and many of them immigrants, against mill owners in a dispute over pay and working conditions that ended with the state becoming the first in the U.S.to pass a minimum wage law. They're both leaders of the Democrats' liberal vanguard, but some Sanders supporters are still upset she didn't support him during his 2016 primary challenge against Hillary Clinton. The Warren campaign eyed it as the place where families fought back against mill owners who sought to slash wages in 1912.

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She worked as chair of the Congressional Oversight Panel of the Troubled Asset Relief Program and was key in the conception of the Consumer Financial Protection Bureau (CFPB), for which she served as the first Special Advisor.

Rep. Joseph Kennedy (D-Mass.) - the grandson of former Attorney General Robert Kennedy and grand-nephew to former president John F. Kennedy and Sen.

She was to be introduced by Rep. Joe Kennedy III, D-Mass., who meant to endorse her candidacy, according to an official familiar with his plans.

The Boston Globe, in an editorial, ripped into her ahead of her announcement on Saturday, saying, in part: "Voters ready to forgive and move on might feel differently if the slow drip continues, or if her explanations don't hold up".

The campaign launch comes at a challenging moment for Warren. Kirsten Gillibrand is visiting SC.

The plan, according to documents provided by the campaign, would impose a 2% tax on Americans whose net worth exceeds $50 million. The only thing standing in her way is the continued criticism of her claimed Native American heritage. To announce the results of the DNA test, Warren used a campaign-style video that tried to directly address questions about her background.

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