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Warren: Consumer bureau 'in reality is much better than the dream ever was' [View All]

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UrbScotty Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 02:11 PM
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Warren: Consumer bureau 'in reality is much better than the dream ever was'
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For proof that the Consumer Financial Protection Bureau (CFPB) is growing fast, one need look no further than the elevator lobby at the front of their office space in a nondescript building in downtown Washington.

That's where the new agency, days away from opening its doors on July 21, has taken to holding its all-hands-on-deck staff meetings. The DC office holds the majority of the agency's 400 hires, and they could no longer fit in the conference room.

...

But Elizabeth Warren, the de facto head of the agency as a special advisor to the president, is not deterred by the absence. For her, seeing the CFPB, which she thought up years ago, come into its own is plenty satisfying.

"Seeing it in reality is much better than the dream ever was," she told The Hill in a phone interview.


http://thehill.com/blogs/on-the-money/banking-financial-institutions/171875-warren-consumer-protection-bureau-in-reality-is-much-better-than-the-dream-ever-was?utm_campaign=hillsonthemoney&utm_source=twitterfeed&utm_medium=twitter
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