Too difficult to prosecute Wall Street crime? Don’t!
White House welcomes Holly Petraeus to the CFPB
Elizabeth Warren writes at the White House blog, welcoming the newest addition to the Consumer Financial Protection Bureau implementation team, Holly Petraeus (yes, spouse of Gen. David Petraeus).
Today, nearly 300,000 American men and women are serving overseas, often in harsh conditions and at grave risk. For many of these brave men...
How Wall Street "got most of what it wants" out of Wall Street reform
Bloomberg has a depressingly comprehensive look at how Wall Street won in the financial reform debate, despite having nearly brought the global economy to ruin and being the beneficiary of huge bailouts that saved their collective asses.
The U.S. government, promising to make the system safer, buckled under many of the financial...
The story behind top progressive organizing success of 2010
Over the last two years, those of us engaged in legislative fights in Congress repeatedly saw the Senate either water down the decent bills passed by the House (such as the stimulus, the housing bill, health care) or just block those bills entirely (such as the energy bill, or the series of measures collectively known...
Robert Reich’s Advice to Obama: Pick Fights, Connect Dots on the Economy
Elizabeth Warren gets the gig
After weeks of speculation, and days of "she'll get the job", the White House pulled the trigger and gave her the job.
Noting that she will be able to make her “original vision a reality” President Obama formally appointed Elizabeth Warren as Assistant to the President & Special Advisor to the Secretary...
Elizabeth Warren will build new consumer protection bureau
The details are a bit convoluted, as the Obama Administration seeks to avoid a hostile Wall Street-owned Senate. But by all indications, this is a good thing.
President Obama will announce this week that Elizabeth Warren, the Harvard Law School professor who first proposed the Consumer Financial Protection Bureau, will be named...
Richard Shelby explains why Warren is so important
This is why Elizabeth Warren has been so important to the effective implementation of the Financial Reform law:
Alabama Senator Richard Shelby, the senior Republican on the banking committee, said the leader of the agency should go through the confirmation process.
“Someone that’s appointed to that job should be vetted, examined,...
Elizabeth Warren’s on-again, off-again, on-again drama
So yesterday, a publication called American Banker reported that the White House would use a provision in the financial reform law to appoint Elizabeth Warren as an interim head of the Consumer Financial Protection Bureau without needing Senate approval.
Politico then rushed out a piece claiming the White House was denying the...
White House mulls "temporary appointment" for Elizabeth Warren
The White House is considering appointing Elizabeth Warren as interim head of the Consumer Financial Protection Bureau, bypassing a likely Senate confirmation battle, according to sources.
Under the Dodd-Frank regulatory reform law signed July 21, the Treasury Department has the power to appoint a temporary head of the new...
