General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe big banks have Sen Warren exactly where they want her, instead of
heading up the consumer protection agency.
At the agency she could have really cause the banks some grief and bucks, now she and Bernie are just part of the blah, blah, blah government echo chamber.
elleng
(130,726 posts)'On July 17, 2011, President Barack Obama announced he would nominate Cordray to lead the United States Consumer Financial Protection Bureau. On January 4, 2012, the White House announced that it would make a recess appointment of Cordray to the post.[2][3][4]'
tularetom
(23,664 posts)Where she has a platform to criticize all the dumb things they do like cutting Social Security benefits. She would have been somewhat constrained from commenting on these policies if she were actually a member of the administration. And the senate would never have approved any nomination of her so she would have been marginalized as a recess appointment. Besides the timid Obama administration would have blocked any action she tried to take to hold the big banks accountable.
Now she has become a respected and powerful defender of the poor, elderly and powerless in the Senate and is being quoted with regularity when she speaks critically of the administrations actions.
So maybe they screwed up (from their standpoint) when they didn't appoint her. Personally I'm glad to see her right where she is.
magical thyme
(14,881 posts)And Warren is doing an excellent job of detailing the banksters crimes and making them known to John and Jane Q. Public.
If you want people up in figurative arms to hold the government accountable, you first have to give them a good reason to get good and mad. She is doing a great job of that.
winter is coming
(11,785 posts)when she was running for office?