Elizabeth Warren has never held a private sector job, never worked in the financial industry, and she hates banks, with a passion. So, what’s Obama’s brilliant idea? Let’s put her in charge of the new Bureau of Consumer Financial Protection bureaucracy! There’s only one problem, that position requires Senate confirmation and Warren is so toxic [...]
Filed under: Blog Entry | Tagged: Barack Obama, Bureau Of Consumer Financial Protection, Bureaucracy, Business Climate, Christopher Dodd, Constitution, Consumer Watchdog Agency, Czarina, Democrats, Deutsche Bank, Economy, Elizabeth Warren, Financial Firms, Financial Industry, Germany, Government, Harsh Rhetoric, Harvard, Harvard Law, Investigative Board, Law Professor, Private Sector, Progressives, Recession, Regulations, Regulator, Republicans, Senate Banking Committee, Senate Confirmation, Sidestepping, Special Adviser, Special Assistant, Timothy Geithner, Toxic, Treasury Secretary, U.S. Senate, Wall Street, Wall Street Bailout | Leave a Comment »