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Elizabeth Warren's Former Staffers Hold Roles In The Biden Administration
- Elizabeth Warren stumps for Hillary Clinton in New Hampshire, Oct. 2016.
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- 'How Elizabeth Warrens Acolytes Infiltrated Bidenworld,' Mother Jones, March 2021. Elizabeth Warren lost the presidential campaign. But a fleet of her mentees are working in the White House.
Elizabeth Warren wanted Securities and Exchange Commission Chair Mary Jo White out, and she wanted her out immediately.
Over the course of 12 pages and 57 footnotes in an October 2016 letter to President Barack Obama, Warren excoriated White foramong other transgressionsusing SEC resources to push an anti-disclosure initiative cooked up by big business lobbyists. That was the last straw in a yearslong clash between the Massachusetts senator, a ferocious critic of Wall Street, and White, who had defended banks as a private attorney. Never mind that Obama had just three months left in his term and, a week after the November election, White would announce her own departure. Whites brazen conduct, Warren told Obama, had undermined Congress, his administration, the SEC, and the investors it serves. Enough is enough, Warren wrote.
White was just one in a long line of Obama-appointed financial regulators who incurred Warrens wrath. Shed been incensed by the revolving door between the banks and federal government ever since she was a law professor studying personal bankruptcy at Harvard. That same revolving door had kept Warren from running the Consumer Financial Protection Bureau, the agency shed created, because bank-sympathetic Democrats and Republicans alike worried what such a strident critic would do as its head. Instead, she settled for helping to launch the agency before returning home to Massachusetts.
But over the past four years, Warrens standing has shifted, and her views have earned a hard-fought place of respect within her party. Warren likely wont clash as much with the next SEC chair, pending Senate confirmation: Biden nominated Gary Gensler, a former investment banker and Commodity Futures Trading Commission chair who has become an unlikely but loyal ideological ally for Warren. And the people who helped to advance Warrens argument have earned their places, too: Bharat Ramamurti, her former top economic policy hand who helped craft those letters against Whites SEC, is now a deputy director of the National Economic Council, the White Houses nerve center for economic policymaking.
Ramamurti is far from the lone Warren acolyte who has landed a prime job now that Biden is president. The administration has also tapped a number of her first hires to the CFPB, such as Rohit Chopra, a likeminded progressive who has been named to lead the agency. Some of her former Senate aides have been appointed to key roles across the federal agencies, such as Julie Siegel, who helped develop Warrens aggressive private equity proposal and now holds a top post at Treasury. Others have decamped to jobs at Health and Human Services, the National Security Council, and the Education Department...
More,
https://www.motherjones.com/politics/2021/03/how-elizabeth-warrens-acolytes-infiltrated-bidenworld/
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Elizabeth Warren's Former Staffers Hold Roles In The Biden Administration (Original Post)
appalachiablue
Mar 2021
OP
Indykatie
(3,696 posts)1. Infiltrated is a Weird Choice of Words - I'm Sure Biden Welcomed These Folks in His Administration
appalachiablue
(41,127 posts)2. Yes, they're there openly & because of abilities,
not any kind of secret, sly placement.
speak easy
(9,238 posts)3. And Warren hired on ability in the first place.
stuffmatters
(2,574 posts)4. Excellent!