Browsing: Consumer Financial Protection Bureau

ABC: Obama to sorta kinda appoint Warren

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For weeks government regulatory geeks have been waiting with baited breath to see whether President Obama would formally nominate Elizabeth Warren to be the first head of the Consumer Financial Protection Bureau, sidestep the highly contentious nomination process and give her a limited recess appointment, or duck the conflict altogether and choose someone else. According to ABC’s Jake Tapper, the answer is … none of the above. Tapper says Warren will be the — deep breath — Assistant to the President and Special Adviser to the Secretary of the Treasury on the Consumer Financial Protection Bureau. Basically, she’ll be a…

Slate: Warren all but nominated to head new bureau

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Slate’s Timothy Noah last night reported that Elizabeth Warren’s nomination to head the new Consumer Financial Protection Bureau is a done deal. The real question, Noah says, is whether President Obama will send her through the normal Senate confirmation process — where she is sure to face hostility from conservatives who think she’s an anti-Wall Street radical — or install her with a recess appointment. Warren could get tied up in the normal nomination procedures, with partisanship running extremely hot these days and even Democrats like Chris Dodd doubting her chances of confirmation. But a recess appointment would only give…

Reading the tea leaves on Elizabeth Warren

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The Washington Post’s Political Economy blog today reported that Elizabeth Warren — the left’s hands-down favorite to run the new Consumer Financial Protection Bureau — has unexpectedly dropped a fall class she was scheduled to teach at Harvard. This last-minute change for Warren’s contracting law class is fueling speculation that she could be nominated soon, and is gearing up for what could be a grueling confirmation battle. (Long story short, liberals love her and think she’d stand up to banks running amok; conservatives view her as a zealot who doesn’t know what she’s talking about.) The Post said that even…

The Elizabeth Warren rap

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You know what comes to my mind when I think of Elizabeth Warren, the left’s favorite to be the first director of the new Consumer Financial Protection Bureau? Rap music. And Sergio Leone-esque spaghetti westerns. So you can imagine my joy when I stumbled upon this video, from the consumer protection group Main Street Brigade, which is a strong supporter of Warren and Obama’s financial reform efforts. “Got a New Sheriff” combines rapping, auto-tuned lyrics, and Ennio Morricone-inspired whistling, resulting in something that’s … er … unique, to say the least. Unless I’m sorely mistaken, this is the first rap…