For all I know the maneuvering over the Cromnibus will be forgotten well before Christmas, as attention shifts to the new, shiny Republican Senate and the conservative crusade to deport ’em all.
But I also know the rupture over what to do about the Dodd-Frank changes in the Cromnibus, along with the related issue of Antonoio Weiss’ nomination to a Treasury post, represents a non-imaginary and non-trivial difference of opinion among Democrats that transcends the usual crap the media turn into “Democrats in Disarray” stories. Danny Vinik (at the New TNR, or whatever we’re supposed to call it now) is clearly reaching when he suggests (without specific evidence, as he admits) that this could be the week we later remember as the “moment” that pushed Elizabeth Warren into a primary challenge to Hillary Clinton. But it’s a lot less remote a possibility than it was at this point last week.
Expect to hear before the New Year begins of pressure on Warren to issue a Sherman Statement taking herself out of the 2016 campaign. If one is not forthcoming, it doesn’t mean that Warren is running for president, but it probably does means she’s decided to use the fear of her as leverage on other Democrats to give Wall Street folk a wide berth.
