David Corn -- Elizabeth Warren: Passed Over for CFPB Post, But...Quicklink submitted by Sheila Samples Permalink
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|Congressional Republicans have been howling about the prospect of her leading the agency even before the bureau was created last year by the Wall Street reform legislation. Which is why Obama's decision not to fight for her--and it would have been a titanic fight--may disappoint. But there's an up side to the move: the possibility that Warren will end up in the US Senate. And there's this: The fellow Obama picked for the position, Richard Cordray, can be expected to do a fine job pursuing abusive financial firms.|
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