Who’s Afraid of Elizabeth Warren?

And what it means for Hillary Clinton’s campaign.

Begin with the anonymous pamphlets left scattered amid the ketchup and mustard packets at Hillary Clinton’s Fourth of July weekend rally in Hanover, N.H. “As Secretary of State, I saw how extreme economic inequality has corrupted other societies,” the sheet read, quoting Clinton from a speech. Those words appeared just above the corporate logos of companies whose employees gave the most to Clinton’s campaigns—JPMorgan Chase, Citigroup and Goldman Sachs, among others. A punch line followed: “Do you believe her?”

Now travel cross-country to Madison, Wis., where Bernie Sanders, a self-described revolutionary and socialist, attracted more than 10,000 people, or nearly twice as many as any other candidate so far in the 2016 cycle, to hear him denounce concentrated wealth and promise redistribution.

Finish at the White House, where a frustrated President Obama has spent the summer at war with his own party over how to write the rules of global trade. Trust me, he has said, to which Massachusetts Senator Elizabeth Warren answered immediately and emphatically: No. “He won’t let you see the deal,” she told thousands of progressive activists during a mass conference call in mid-June. “You know who does get to see the drafts of the trade deal? The big corporate interests.”

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