and mom who knows all the two letter words in scrabble.

("Dog on Fire")

Elizabeth Warren.

You might think of her as part of the coastal elites.

You know, being a senator from Massachusetts,

and owning her very own eyeglasses, so fancy.

But you may be surprised to find out

she came from very humble roots.

- [Reporter] Warren was born in small town Oklahoma in 1949.

Donald Herring, her father, was a janitor.

Her mother, Pauline, a stay at home mom.

- [Reporter] She taught special needs children in the 1970s

before eventually becoming a law professor

most recently at Harvard Law School.

- [Reporter] Warren, perhaps unsurprisingly,

didn't follow the traditional norms when she decided

Bruce Mann, a professor of law at Harvard, was the one,

she asked him to marry her.

- I still remember the first time I really noticed him,

he had on shorts, great legs.

- Geeze Warren, keep it in your pants!

I mean really?

I have a hard time believing that this guy's legs

were so amazing that she did,

wow oh okay.

Oh damn, I take it back, those are great legs.

You get it, girl.

Also, it was pretty progressive for a woman in the '70s

to be the one to propose to a man, yeah.

In fact, for all those ladies out there who's boyfriends

are taking too long, yeah, you know what to do, yeah.

(audience whoops, cheers) You know what to do.

Go ask Elizabeth Warren's husband to marry you, yeah.

(audience laughs)

We were on the same page, right, yeah.

And Elizabeth Warren wasn't just asking

guys with great legs to marry her.

No, while she taught at Harvard, she became one of

the country's top experts on bankruptcy.

And not in the Donald Trump kind of way.

No, she knew the law so well that she would often

be called to testify in front of Congress.

And one of those hearings from nearly 15 years ago

is pretty wild to watch now.

- [Reporter] Joe Biden and Elizabeth Warren

facing off more than a decade ago

over a Biden-backed bill making it more difficult

for people to file for bankruptcy.

- They have squeezed enough out of these families

in interest and fees, and payments that

never take down principal. - Maybe we should talk about

usury rates then, maybe that's what we should be

talking about, not bankruptcy. - Senator, I'll be the first,

invite me.

- [Biden] No, I know you will,

but let's call a spade a spade.

- Senator, if you're not going to fix that problem,

you can't take away the last shred of protection

for these families. - I got it, okay,

you're very good, professor.

(chuckles) (audience groans)

- I want to kill you right now.

That's what that smile was.

But you see that?

That's one of the reasons people

like Elizabeth Warren so much.

Because she's been fighting against the predatory practices

of banks and credit card companies,

and this was long before it was cool, all right.

Unlike Joe Biden, who once upon a time was fighting

for credit card companies, which has never been cool,

like crocks, or taking your cousin to prom.

(audience laughs)

And because of her efforts to take on corporate America,

Warren became such a popular figure on the left,

that when she proposed creating a new federal agency

to protect consumers, President Obama wanted her to lead it.

But the GOP had other ideas.

- [Reporter] The CFPB is the brainchild of former

Harvard Law Professor, Elizabeth Warren.

She first proposed creating the agency in 2007

as a way to better regulate mortgages,

student loans, and other financial products.

She was President Obama's pick to run the CFPB,

but Republican senators on Capital Hill

refused to even consider confirming her.

We're pretty unenthusiastic about

the possibility of Elizabeth Warren.

We're pretty unenthusiastic, frankly, about this new agency.

- So it turns out, back in the day, Elizabeth Warren

was Mitch Mc (sensor beep) blocked, right,

and never got to run the CFPB.

But the move may have backfired,

because a year later, she ran for senate,

and became McConnell's McCoworker.

And from there, her popularity just kept on rising.

- A new senator shaking up the democratic party,

Elizabeth Warren's tough take on Wall Street

has made her a folk hero on the left.

- [Reporter] Wherever she goes in the country,

she brings giant crowds to their feet.

- [Reporter] U.S. Senator for only a year,

she's now making an even bigger splash.

A draft movement is already underway.

- [Reporter] An open letter from more than 300

former Obama campaign staffers urging

Elizabeth Warren to run for president.

Warren was adamant she is not getting in the game.

- There's no way you're gonna run in 2016?

I'm not running for president,

you can ask it lots of different ways.

- So Elizabeth Warren turned down the chance to

run for president in 2016, a year many of you

may have blocked from your memory.

But now, she's making waves in the 2020 race,

and incredibly, she's managed to stand out in this

crowded field, thanks to her unique strategy of,

having a plan.

- 2020 presidential candidate, Elizabeth Warren,

the senator, is making a mark on this race

with these six words, I've got a plan for that.

- I've got a plan.

I have got plans.

I've got a plan.

- [Reporter] Senator Elizabeth Warren roles out

a sweeping plan that would wipe out student debt

for millions of Americans.

- [Reporter] A detailed plan to invest two trillion dollars

over ten years in green manufacturing, research, and trade.

- Breaking up Amazon, Google, and other big tech giants.

- [Reporter] Focusing her first policy plan

as a 2020 candidate on creating a wealth tax.

- If we put that two cent wealth tax in place on

the 75,000 largest fortunes in this country, two cents,

we can do universal child care for every baby zero to five,

universal pre-K, universal college, and knock back

the student loan debt burden for 95% of our students,

and still have nearly a trillion dollars left over.

- Damn.

(audience claps, cheers)

Damn.

Elizabeth Warren has some really detailed,

well-thought-out plans,

which is great if she becomes president.

The only down side is, that's gonna be on giant-ass hat.

Yeah, you can't run with that,

it's gonna (sensor bleep) up people's necks.

Luckily, free healthcare, so it works.

So that's Elizabeth Warren, third place in the race,

lots of detailed ideas, and a long history to back them up.

And look, we still have a long way to go

until the primaries, but for right now,

it seems that much like her husband, this campaign has legs.

Just a few moments ago, they wrapped up the very first

Democratic Debates, an epic showdown between

nine normal-sized people, and Bill de Blasio.

(audience laughs)

And the anticipation for this thing was huge.

The biggest name on the stage was Elizabeth Warren,

polling in the lead.

And she knew that she was the front runner.

She knew that she had it, she was so chill.

She came out, she was chilled out there,

you know, she went hard against corporations,

she pushed free education, she spoke about

how the economy is only working for the very rich.

It was all really very standard Elizabeth Warren.

You know, it's as normal as seeing a man

walking a chicken in Brooklyn.

It's everyday.

- So I think democrats win when we run on real solutions,

not impossible promises.

When we run on things that are workable,

not fairytale economics.

- You know, I don't understand why anybody goes

to all the trouble of running for

President of the United States just to talk about

what we really can't do and shouldn't fight for.

(audience cheers)

- Mm, mm.

Oh, Warren got Delaney there.

And she's got a good point.

Running for president is about shooting for the moon.

Over the past few months, her rally crowds

have been growing steadily.

And last night, she brought her show to New York.

- So overnight, Senator Elizabeth Warren,

drawing one of her biggest crowds of her campaign to date,

thousands filled New York's

Washington Square Park last night to hear her speak.

- Dramatically, the speech was all about anti-corruption,

Warren hitting President Trump

as being corruption in the flesh.

- No one is above the law, not even the United States

President, impeachment is our constitutional duty.

- After that enormous event in New York City,

Warren spent almost four hours

taking selfies with supporters.

- Now one of the reasons Warren is so popular

isn't just that she has plans.

It's that unlike her fellow candidates,

she knows how to present her policies in a simple way.

And last night, her plan for a

wealth tax got the crowd going.

- It's time for a wealth tax.

That is a two cent tax on fortunes over $50,000,000.00.

Your first 50 million, don't worry, you're in the clear.

(audience laughs)

But for your 50 millionth and first dollar,

you gotta pitch in two cents.

And two cents for every dollar after that,

just two cents.

(crowd cheers)

- [Crowds] Two cents, two cents, two cents, two cents

- Two cents, two cents, two.

Yeah, not only is that a great chant,

it also sounds like the name of a

much less successful 50 Cent, you know.

(audience laughs)

Yeah, it's just like two cents, go shorty,

it's your birthday, I couldn't buy you

anything for your birthday.

Here's a coupon for a free hug.

- Elizabeth Warren, who has been surging in the polls.

She's right behind Biden nationally,

she's leading in Iowa, and she's

polling at 100% among registered cardigans.

(audience groans, laughs) But the one big criticism

of Warren is that she hasn't explained how she would

pay for her Medicare For All healthcare plan

without taxing the middle class specifically.

So this weekend, she showed us the money.

- [Reporter] Elizabeth Warren is today putting a

price tag on Medicare for all, 20 and a half

trillion dollars in new spending over 10 years,

paid for by taxing billionaires and big business.

- I have a plan that shows how we can have Medicare for all

without raising taxes one cent on middle class families.

- [Reporter] Warren would eliminate all

private employer-based insurance.

How would she pay for it?

Employers would pay the government almost

nine trillion dollars over 10 years, similar to

what they now spend on employee's healthcare.

She would boost her billionaire's wealth tax,

impose a new tax on stock trades,

higher taxes on investment gains for the top 1%,

and cut military spending.

- Yes, to pay for her plan, Warren plans to raise taxes

on the ultra-wealthy, and cut military spending.