The White House has said she will return to her teaching job at Harvard, but has not said whether a potential Senate run could interfere with those plans.
Warren told MSNBC yester day that she plans to take her grandchildren to Legoland and then return to Massachusetts.
“Massachusetts does beckon in the sense that it’s my home and I need to go home,’’ she said. “I’ll do more thinking then, but I need to do that thinking not from Washington; I need to go home.’’
Her plans are being closely watched by state and national Democrats, who have yet to coalesce around a candidate. The declared candidates, with the exception of Alan Khazei, are having trouble raising money.
Warren’s supporters believe her record as a consumer advocate whose early grasp of Wall Street’s role in creating the subprime mortgage crisis makes her an attractive candidate. They have begun online efforts to draft her and raise money on her behalf. But she is untested in campaigns, which bring a different element of public scrutiny and up-close interactions, and she is virtually unknown to large swaths of the electorate.
Warren, 62, had been hoping for an appointment to lead the Consumer Financial Protection Bureau, an agency she conceived as a watchdog initiative in the wake of the financial crisis. She has served for 10 months as a special adviser to Obama, but the prospect of Warren serving as head of the new venture was derailed by strong opposition from Republicans and the banking industry, who say her zeal would impede the free market.
Obama instead announced yesterday he is nominating Richard Cordray, former attorney general of Ohio, and vowed to fight Republican efforts to derail Cordray’s nomination and restructure the bureau.
