Warren Opposes a Treasury Nominee With Wall Street Ties.

[elleng]

http://www.nytimes.com/politics/first-draft/2014/11/14/?module=WatchingPortal&region=c-column-middle-span-region&pgType=Homepage&action=click&mediaId=thumb_square&state=standard&contentPlacement=2&version=internal&contentCollection=www.nytimes.com&contentId=http%3A%2F%2Fwww.nytimes.com%2Fpolitics%2Ffirst-draft%2F2014%2F11%2F14%2F%3Fentry%3D5716%26_php%3Dtrue%26_type%3Dblogs&entry=5716&_php=true&_type=blogs&_r=0

[Autumn]

1. Elizabeth Warren, looking out for Americans instead of Wall Street.

Rec

[misterhighwasted]

3. K & R

With only two years left, Mr President, can you respond to the American citizens by sticking a big fork in the very people who stuck a fork in you with every turn you made?

Listen to her.

Senator Warren's base is your base Mr President.
We are bleeding to death out here!

[misterhighwasted]

2. Thanks elleng: Here's the NY Times statement:

Less than 24 hours after ascending to a leadership post in the Senate Democratic caucus, Senator Elizabeth Warren of Massachusetts is flexing her populist, anti-Wall Street muscle and opposing a high-profile Obama administration nominee.

A Warren spokeswoman on Friday confirmed that the senator would not vote to confirm Antonio Weiss, a Wall Street investment banker who was nominated this week to be Treasury under secretary for domestic finance. The nomination immediately raised eyebrows, since it came just weeks after the Treasury issued new rules to try to stem the tide of so-called inversions, in which American companies acquire firms abroad, then re-incorporate in the acquisition’s country to escape United States taxes.

Mr. Weiss, the head of global investment banking at Lazard, advised Burger King on its inversion acquisition of Tim Hortons, the Canadian doughnut and coffee chain.

Ms. Warren’s opposition does not necessarily sink the nomination. Republicans are not particularly exercised by such corporate maneuvering. But it does send a signal to the Obama administration: A senator who has been very talkative in advocacy circles beyond Washington but quiet on Capitol Hill has arrived.

[elleng]

7. Thanks, misterhighwasted.

Been away for most of the day, so just catching up.

[MannyGoldstein]

4. I guess that will help to answer

questions as to whether Warren has been co-opted.

[djean111]

5. She would have spoken out against that nomination, anyway, I believe.

What I am afraid of, and what remains to be seen, is if she has been given this position so that the Centrist/corporatist/Wall Streeters can more easily explain to us, through Warren, how they are not going to actually be doing anything liberal at all. And then having her dissenting vote or whatever be mostly ceremonial. "See? We considered the Left Wing's (how sad is that) concerns, but tough noogies" sort of thing. Hoping for the best, of course.

[WillyT]

6. K & R !!!