Elizabeth Warren Should Head Consumer Agency, U.S. Senator Says

[Ed Barrow]

Source: Bloomberg

Elizabeth Warren, who leads the congressional panel overseeing the government’s rescue of financial firms, should be picked by President Barack Obama to head a new consumer financial agency, Democratic Senator Sherrod Brown said.

“I would love to see the president appoint Elizabeth Warren,” Brown of Ohio said in an interview today at Bloomberg’s Washington office. “I don’t have any idea if that would happen. I know a lot of people who would not love to see the president appoint Elizabeth Warren.”

Warren, who is on leave from her post as a professor at Harvard Law School, is a best-selling author and expert on bankruptcy and credit. Her panel has criticized actions in 2008 by the U.S. Treasury and Federal Reserve to bail out banks and insurance company American International Group Inc.

...

“Whom the president appoints will indicate something about how aggressive this agency will be,” Brown said. “The first appointment is pretty important.”

Read more: http://www.bloomberg.com/news/2010-06-22/tarp-oversight-panel-s-warren-should-head-u-s-consumer-agency-brown-says.html

[stevedeshazer]

1. Hell, she should be Secretary of the Treasury!

But, I'll second that.

:)

[JackRiddler]

5. President, actually.

Unfortunately consensus reality doesn't work that way.

[Better Today]

7. +1000

[ClassWarrior]

2. K&R

NGU.

[elleng]

3. And the legislation must have teeth.

Its EASY to 'demand' those in charge DO SOMETHING, but they must have the legal power; that's up to legislators.

[msongs]

4. hmm how about another wall street republican from the bush camp? nt

[ClassWarrior]

6. No thanks. What's your point?

NGU.

[closeupready]

8. I adore her!

Go, Elizabeth! :hi:

[seafan]

9. This woman should be president. n/t

[HCE SuiGeneris]

11. She would have my vote.

:thumbsup:

[onehandle]

10. Yes ----->