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Warren To Help Create Post She Won’t Get

The corner of Wall Street and Broadway, showin...

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The Huffington Post is reporting that Elizabeth Warren will be tapped by the White House to head up the creation of the Consumer Financial Protection Bureau.

This is bad news, judging by the vehement opposition to her being anywhere near the proposed oversight of Wall Street Shenanigans.

It means that they are trying to appease the liberal base while keeping her out of the running to actually head the newly formed body.

Update: Okay, maybe I was reflexively cynical about this initially. It’s possible that Obama is just trying to avoid a fight with the Republicans and will eventually install her as the permanent director. We’ll see.

-Chris

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September 15, 2010 - Posted by | Politics, Uncategorized, Wall Street | , , , , , , ,

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