Elizabeth Warren meets with White House officials

[babylonsister]

http://thehill.com/blogs/on-the-money/banking-financial-institutions/114077-warren-meets-with-white-house-officials


Warren meets with White House officials
By Silla Brush - 08/12/10 07:57 PM ET


Elizabeth Warren, whom many Democrats want to see nominated as head of a new consumer financial agency, met with White House officials on Thursday.

The Obama administration has repeatedly said Warren is under consideration as the inaugural head of the Consumer Financial Protection Bureau, which was a centerpiece of the president's effort to overhaul financial regulations.

"The president believes that Elizabeth Warren is a champion for middle class families and consumers and she, among others, is a strong contender for this position," said White House spokeswoman Amy Brundage. "The president has not yet made a decision and no announcement is imminent."

Warren is a Harvard professor and head of a congressional oversight panel for the $700 billion bailout of the financial system.

The confirmation hearings and vote for the first head of the agency are expected to be among the most controversial for financial regulatory positions. The consumer bureau has broad rulemaking and enforcement power and will have an annual budget in excess of $400 million

[jefferson_dem]

1. I really hope Obama does the right thing and appoints her.

No excuses.

[lsewpershad]

6. So do I

[roguevalley]

9. they are probably offering her a ceremonial position somehwere

if she pulls out of the running. Done it before.

[90-percent]

2. Said it here before

The appointment of Elizabeth Warren will be the tipping point for me in continuing to support the Obama White House. I am sick and tired of powerful fat cats extracting everything they possibly can out of the 98% of us that are not the heads of corporations and members of invitation only country clubs.

At long last, Sirs, have you all no sense of decency?

-90% Jimmy

[rhett o rick]

4. It will mean a lot. I also think DADT isnt too much to ask for. nm

[Jefferson23]

3. Warren will protect " We the People..."

This nomination had better happen Obama and fighting for her all the way too.

[PassingFair]

5. I hope they don't take her into THIS room:

[denimgirly]

7. Nice to be in Campaign Season -- Democrats begin acting like "Democrats" again

Let's hope this happens but i am guessing Obama is finally giving reform a real chance this time is only because campaign season is around the corner and its only during this time that democrats start acting progressive. If this were any period in time but during campaign time we would have already seen a corporate appointment.

Let's hope Obama's decision is for the people and not fpr big business again.

[snot]

8. "No announcement is imminent"??

[ProSense]

10. Kerry

signs Al Franken's letter in support of Warren.

[babylonsister]

11. Excellent! nt

[ProSense]

12. You have to watch this

video