Elizabeth Warren launches exploratory committee in step toward 2020 presidential run

Elizabeth Warren announces 2020 run for president against Trump

"Senator Elizabeth Warren's formal entrance into the 2020 race for President today helps launch what we believe will be a vibrant discussion of bold, inclusive populist ideas in the Democratic Primary, and we look forward to the wide array of progressive candidates that we expect to join her in it in the year ahead", said Charles Chamberlain, Executive Director of Democracy for America, in a statement.

In her announcement, Warren argued government "has been bought and paid for by a bunch of billionaires and giant corporations that think they get to dictate the rules that affect everyone", calling it "corruption, pure and simple". She and her three older brothers went through economic hardships, with her father's heart attack when she was 12 resulting in medical bills that required her mother to work at Sears and Warren to wait tables at age 13. "And we know it is time to fight back".

Warren's staff told ABC News the senator will be filing the paperwork for her exploratory committee with the Federal Election Commission Monday and revamping her political and campaign website. A professor turned consumer advocate, she was instrumental in the establishment of the Consumer Financial Protection Bureau, a watchdog agency created in the aftermath of the 2008 financial crisis.

Elizabeth Warren has exchanged stinging criticism with President Donald Trump. Warren had repeatedly been named as a possible 2020 candidate since 2016 and even earlier, so her candidacy has come as no surprise to pundits. The president, highlighting the controversy that has dogged her since her first campaign for the Senate, routinely uses the nickname "Pocahontas" for her.

Warren in October released DNA testing results that showed there was "strong evidence" that she has Native American blood. But the test may have caused new issues with the Native American community. In a statement posted to Twitter, Cherokee Nation Secretary of State Chuck Hoskin Jr. stated that a DNA test is "useless to determine tribal citizenship".

Vermont Sen. Bernie Sanders is expected to make another presidential run
Vermont Sen. Bernie Sanders is expected to make another presidential run

Some three dozen Democrat senators, governors, mayors and business leaders - most of whom have never run for the White House - are also considering throwing their hats in the ring, according to the Times.

Afterward, prominent members of the Cherokee Nation - a tribe to which she's claimed ancestry - criticized the move.

Warren won her Senate seat in 2012, defeating incumbent Sen.

In American politics jargon, this means the Democratic senator is most definitely running for president.

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