Elizabeth Warren is fired up! (and so are we)
CNN’s Ed Henry ran into Elizabeth Warren this morning at the White House and reports that she is “fired up” and ready to hit the ground running in setting up the new Consumer Financial Protection Bureau.
Newsweek has a round up of some of the reactions to the news that Obama will bypass a Senate confirmation fight by making Warren a special assistant who reports directly to him and who will also serve as a special adviser to Treasury Secretary Timothy Geithner.
While a confirmation fight would have been great fun (seriously, didn’t you want to hear Mitch McConnell argue against protecting consumers from predatory lenders?), it’s great that Warren can get to work post haste establishing the agency that she first proposed a few years ago.