By Diane Masters

Sheila Bair, former chair of the FDIC and a life long Republican, endorsed Elizabeth Warren for Senate today.

 “I have never endorsed a Democrat, but I know Elizabeth well, and I know she will be independent. We need people who are independent in Washington, people who will vote the public interest,” said Bair, who shared the cover of TIME magazine with Elizabeth, when TIME named them the new “Sheriffs of Wall Street”.

“Elizabeth understands the financial system, she understands the banking system, and she understands the need for our job generation to come from small businesses. She will make decisions based on what’s right for the people, not the special interests. I believe she will do a great job for the people of Massachusetts.”

Massachusetts treasurer Steve Grossman joined Sheila Bair and Elizabeth Warren at the Boston Firefighter’s Credit Union this morning and stressed what an advocate Warren is for community banks and credit unions.  He also discussed her dedication to help with small business lending and foreclosure issues. 

In Lowell, Elizabeth and Sheila were joined by Congresswoman Niki Tsongas to speak with a group of small business owners at Mambo Grill on Merrimack Street. Sheila and Rep. Tsongas both spoke about Elizabeth’s strong commitment to Main Street small businesses and her vision for investing in a 21st century economy. 

Ray Wrobel of the Northern Massachusetts Telephone Workers Community Credit Union thanked Elizabeth for her work to level the playing field for credit unions while she was setting up the Consumer Financial Protection Bureau. Lowell Mayor Patrick Murphy, who endorsed Elizabeth in August, joined the conversation, as did Art Ramalho of Ramalho’s West End Gym, who said we need a fighter like Elizabeth in the Senate.