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Obama can't find someone to head the CFPB over Elizabeth Warren.... [View All]

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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 10:41 PM
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Obama can't find someone to head the CFPB over Elizabeth Warren....
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The Wall Street Journal dropped a bit of a bombshell yesterday when it intimated that the reason the Obama Administration hasn’t been able to choose a director of the Consumer Financial Protection Bureau is that their preferred candidates don’t want the job over Elizabeth Warren:

White House officials seeking someone to run the Consumer Financial Protection Bureau have so far failed to find a nominee, with several candidates rebuffing the administration’s overtures, according to people familiar with the process.

One concern of some: That accepting would undercut Elizabeth Warren, the Harvard law professor and consumer advocate who is currently a special adviser to the president charged with setting up the bureau. She remains a hugely popular figure among many Democrats and anathema to many Republicans <...>

That deadline could result in the White House nominating Ms. Warren, now a special adviser to the president charged with setting up the bureau. She is believed to want the job but her candidacy likely would trigger a Senate confirmation battle. President Barack Obama could avoid that fight by appointing her during a congressional recess before July 21.
http://news.firedoglake.com/2011/04/14/nobody-will-take-cfpb-job-over-elizabeth-warren/#comments


Anyone have current information on the work Elizabeth has been doing to set the bureau up? Well, she must be doing an outstanding job if Obama cant find anyone welling to take it....
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