Reply #73: The GOP and Banksters thought she was headed for appt.

[roxiejules]

http://www.nakedcapitalism.com/2011/07/elizabeth-warren-out-as-possible-head-of-consumer-financial-protection-bureau.html

We have said for some time Warren was not going to get head the new consumer financial protection agency. Obama was not willing to ruffle the banks, and Geithner, who is is most powerful Cabinet member, would not stand for it). Nevertheless, we are disappointed by this outcome. And it seems a bit churlish for this news to be leaked the day after she ran the gauntlet with the House Oversight Panel.





http://www.foxnews.com/politics/2011/07/15/house-gop-pushes-through-amendment-to-cut-pay-for-obama-recess-appointments/#ixzz1SFC7tDGM


Over the Memorial Day holiday, Republican senators also prevented the Senate from going into a recess, meeting for a few minutes every three days to keep the body from taking a break. That was in response to concerns the president would recess appoint Elizabeth Warren to head the new Consumer Financial Protection Bureau.