GOLDEN PARACHUTES “Populists began to focus on Elizabeth Warren, an academic with expertise in bankruptcy law, whose ideasabout reforming Wall Street earned the admiration of the White House and the enmity of Republicans. After the G.O.P. blocked her bid to head the Consumer Financial Protection Bureau in Obama's first Administration, she launched her Senate campaign, which was built around the issues of inequality and reining in the financial-services industry. In 2015 liberal groups tried to draft her into running for President against Clinton. She declined, but continued to press her agenda. Last year [2015] she called on the Democratic Presidential candidates to support a bill would make it illegal for Wall Street firms to award golden parachutes to employees who leave to work for the federal government. [Senator Bernie] Sanders expressed support for the legislation almost immediately; Hillary Clinton hesitated for weeks. The bill could affect any Clinton advisers who now work on Wall Street if they were to join a future Clinton Administration; Warren had in mind precisely this scenario. In late August [2015] she met privately with Vice-President Joe  Biden, as he considered entering the race. Reports of the meeting set off speculation about whether Warren might ultimately become Biden's running mate. Days later, [Hillary] Clinton wrote an op-ed endorsing Warren's bill.” Ryan Lizza, “The Great Divide, Clinton, Sanders and the Future of the Democratic Party,” New Yorker, March 21, 2016, pp: 38-44 (39).