Elizabeth Warren Forms Exploratory Committee

By Jess Bidgood

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Aug. 18, 2011

Elizabeth Warren then-assistant to the President speaks during a summit on consumer protection by the National Association of Attorneys General in Charlotte, N.C in April. (AP)

BOSTON — Consumer advocate Elizabeth Warren is moving closer to a potential run for U.S. Senate in Massachusetts.

The Democrat, who helped form the nascent Consumer Financial Protection Bureau before being passed over to run it amongst fierce Republican opposition, on Thursday launched a website and exploratory committee.

The site will be used to collect donations and sign up volunteers.

In a blog entry posted last week, Warren said she wants to continue to work on the problems she hopes the CFPB will address. "I left Washington, but I don’t plan to stop fighting for middle class families. I spent years working against special interests and have the battle scars to show it — and I have no intention of stopping now," Warren said.

"It is time for me to think hard about what role I can play next to help rebuild a middle class that has been hacked at, chipped at, and pulled at for more than a generation — and that that is under greater strain every day."

Warren, a law professor, is scheduled to teach classes at Harvard this fall but has said she'll decide whether she'll run for Senate around Labor Day.

Some Democrats say Warren is their best hope to defeat Sen. Scott Brown, the lone Republican in Massachusetts' Congressional delegation and the most popular politician in the state. Already in the race to unseat Brown are Democrats Alan Khazei, who co-founded city year, activist Bob Massie and Newton Mayor Setti Warren.

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