"Some people arrived a little later than others. Michael Bloomberg adhered to the billionaire plan, "she said to public boos.
She then addressed comments from 2008 resurfaced by The Associated Press, in which Bloomberg said that the end of the redlining had contributed to the financial crisis.
The practice implies that banks discriminate against racial minorities and seek to take out loans in order to afford housing. These specific communities have been identified by red lines on the maps.
"Michael Bloomberg said, in fact, that the 2008 financial crash was caused because the banks were not allowed to discriminate against blacks and browns," said Warren.
"I want to be clear," she continued. "This crisis would not have been avoided if the banks could have been bigger racists, and anyone who thinks that should not be the leader of our party."
The senator first addressed Bloomberg on the matter in a tweet earlier on Thursday.
I am surprised that someone running for the Democratic nomination thinks that the economy would be better if we left the banks more openly racist. We must face the shameful legacy of discrimination, not lie about it as Mike Bloomberg did. https://t.co/Lzavpie7Iy
- Elizabeth Warren (@ewarren) February 13, 2020
Bloomberg campaign spokesperson Stu Loeser responded to the AP report, saying that Bloomberg had sought foreclosure loans as mayor, and that as president, he had a plan for "Helping a million more black families buy a home and counter the effects of redlining and the subprime mortgage." crisis. "
The former New York mayor, who has also been scrutinized for recent comments on the use of the controversial stop-and-frisk policy in the city, has soared in the polls.
While he will officially participate in the competition only when Super Tuesday states, including Virginia, go to vote on March 3, other candidates have targeted Bloomberg in recent days.
Warren’s criticism comes when she focuses on Nevada and South Carolina after finishing third in Iowa caucuses and fourth in New Hampshire primary.
Despite declining support for the polls, Warren drew a massive crowd in Arlington of about 4,000 participants, according to his campaign. The Massachusetts senator addressed the overflowing crowds before addressing the majority of the participants.