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Democratic candidate Warren discloses details of past legal work, showing $2 million in compensation


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Democratic candidate Warren discloses details of past legal work, showing $2 million in compensation

By Humeyra Pamuk and Amanda Becker

 

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FILE PHOTO: U.S. Democratic presidential candidate Senator Elizabeth Warren holds a town hall event in West Des Moines, Iowa, U.S. November 25, 2019. REUTERS/Scott Morgan/File Photo

 

WASHINGTON (Reuters) - Democratic presidential candidate Elizabeth Warren released information on Sunday about her past legal work, showing nearly $2 million in compensation from dozens of clients, as a dispute intensified with her rival Pete Buttigieg over transparency.

 

Warren, a leading candidate among the 15 Democrats vying for the party’s nomination to take on President Donald Trump in the November 2020 election, had already put out 11 years of tax returns in April and called on other candidates to follow suit.

 

Buttigieg, the mayor of South Bend, Indiana, has said in recent days that Warren, a U.S. senator from Massachusetts, should release older tax documents detailing her corporate legal work.

 

In return, Warren has called on Buttigieg to allow media coverage of his private donor events and to disclose information about his past work at the consultancy company McKinsey. Warren does not hold big-ticket fundraisers and has focused her campaign on combating Washington corruption and corporate greed.

 

Buttigieg's campaign said on Saturday it was working on making the details of his employment at McKinsey "fully transparent" and called on Warren to match that by releasing her tax returns covering her corporate legal work.

 

On Sunday, in a 15-page document, Warren's campaign provided examples of her legal work, some of which dated back to 1985, in capacities including as a counsel, consultant and expert witness, giving information about the cases and how much she was compensated.

 

The document included dozens of cases, some of which Warren took on a pro-bono basis and was not compensated for. In some cases, she worked with a group of consultants. The document showed a total of nearly $2 million in compensation.

 

A Reuters/Ipsos opinion poll on Thursday showed that support for Warren dropped nationally to its lowest level in four months, as she came under attack over her proposal to extend government-paid healthcare to all Americans, deemed too costly by her rivals for the nomination.

 

Warren, 70, is still among the leaders in opinion polls in Iowa, which kicks off the Democratic nominating contests on Feb. 3, and in other early voting states. Buttigieg, 37, who had campaign stops this weekend in Iowa, has surged into the lead in recent opinion polls there.

 

(Reporting by Humeyra Pamuk and Amanda Becker; Editing by Peter Cooney)

 

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-- © Copyright Reuters 2019-12-09
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I do not like Buttigieg's platform. I like the man and think he would do well in a cabinet post for a Sander's presidency.

However, I will support any candidate the Democrats nominate.

While I do note that the DOW is climbing and unemployment is down it is important to point out that a rising DOW primarily benefits about 10% of the populace. And most new jobs are low wage service jobs. Wages are rising at a rate not covering inflation of the past 10 years or so. But, corporate profits are rising at unprecedented rates with CEOs pay rising. 

Time for a president who cares about a functioning middle class and taking care of the poorer among us.

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2 hours ago, Spike1938 said:

I do not like Buttigieg's platform. I like the man and think he would do well in a cabinet post for a Sander's presidency.

However, I will support any candidate the Democrats nominate.

While I do note that the DOW is climbing and unemployment is down it is important to point out that a rising DOW primarily benefits about 10% of the populace. And most new jobs are low wage service jobs. Wages are rising at a rate not covering inflation of the past 10 years or so. But, corporate profits are rising at unprecedented rates with CEOs pay rising. 

Time for a president who cares about a functioning middle class and taking care of the poorer among us.


Nice try, but about 35% of US workers are active participants in a 401k plan. 

 

Black Friday online spending up almost 20% over last year. 
 

Everyone benefits from a strong market. 
 


 

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59 minutes ago, mogandave said:


Nice try, but about 35% of US workers are active participants in a 401k plan. 

 

Black Friday online spending up almost 20% over last year. 
 

Everyone benefits from a strong market. 
 


 

Tell that to the farmers going bankrupt or indeed the 65% of Americans who are not active participants in a 401K.

 

That aside, the return to candidates disclosing their financial positions is welcome.

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1 hour ago, Chomper Higgot said:

Tell that to the farmers going bankrupt or indeed the 65% of Americans who are not active participants in a 401K.

 

That aside, the return to candidates disclosing their financial positions is welcome.


Another 20% have access to a 401k but choose not to participate.

 

Over 20% work for the government and many of them invest in the market, and most of them have pensions that are generally invested in the market. 
 

Another 5% have private pensions that are (again) mostly invested in the market. 
 

Another 20-30% are self employed, and many of the have a brokerage account of some kind. 

 

I believe most people in the US are doing better now than they were a few years ago. You can believe whatever you like. 

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1 hour ago, Chomper Higgot said:

Tell that to the farmers going bankrupt or indeed the 65% of Americans who are not active participants in a 401K.

 

That aside, the return to candidates disclosing their financial positions is welcome.

 

What farmers are going bankrupt? I know the EPA broke a bunch of them in CA. 
 

 

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12 hours ago, TPI said:

Please God, either that or Biden!

I know especially Biden all that experience with foreign leaders and respect on the world stage truly horrible and don’t forget the experience working in our system of government oh the horrors!!yes much better to have an inexperienced laughingstock and lier lol

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8 hours ago, Tug said:

I know especially Biden all that experience with foreign leaders and respect on the world stage truly horrible and don’t forget the experience working in our system of government oh the horrors!!yes much better to have an inexperienced laughingstock and lier lol

 

Biden - respect on the world stage? Your're having a laugh. You can't be serious.

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