Elizabeth Warren Pledges To Run a People Powered Campaign, Shun Corporate Cash

"In a Democratic primary we are going to link arms and we're going to say grassroots funding. No to the billionaires..."

Urging any Democratic candidates who launch 2020 presidential campaigns to follow suit, Sen. Elizabeth Warren (D-Mass.) announced on Thursday that she is shutting down her joint fundraising PAC.

A spokesperson for Warren announced the move to CNBC three days after the senator revealed that she is forming an exploratory committee ahead of a potential 2020 run, and a day after Warren appeared on MSNBC's "The Rachel Maddow Show," where she discussed the importance of Democrats ending their dependence on corporate donors and instead running grassroots campaigns powered by small donations from voters.

"I think this is a moment for all of the Democratic nominees to come into the race to say, 'In a Democratic primary we are going to link arms and we're going to say grassroots funding. No to the billionaires," Warren told Maddow.

Warren also denounced potential billionaire candidates who plan on self-funding their campaigns. As CNBC reported ...
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