7/23/10

Who will lead Consumer Financial Protection Bureau? - USATODAY.com

Who will lead Consumer Financial Protection Bureau? - USATODAY.com: "ankers, politicians and consumer activists are scrapping over who gets to direct a powerful consumer watchdog agency President Obama signed into law Wednesday as part of a sweeping financial overhaul.
Liberals say the choice to run the new Consumer Financial Protection Bureau is obvious: Elizabeth Warren, the Harvard University law professor who first proposed an office to protect ordinary borrowers and savers in a journal article three years ago. She's spent years battling banks that gouge their customers.

'She is simply the perfect choice for this post,' says"