“Right person, wrong process”

The Dallas Morning News has this to say:

I like Elizabeth Warren . She’s really smart, did a bang-up job at the Congressional Oversight of TARP, dreamed up the notion of a Consumer Financial Protection Bureau, and walked through the D.C. political minefield to get it enacted. And despite her critics who portray her as a flaming true-believer bent on punishing business, especially banks and Wall Street, I actually see her as person who wants to return “free” to the free market by ending, or at least, throwing some light on legal, but really deceptive,financial practices.

That said, I’m dismayed at the administration’s back door approach to get the new bureau within Treasury up and running. Warren has been named an assistant to the president and special advisor to Treasury Secretary Geithner — a procedural move that delayed likely brutal confirmation hearings on naming a permanent director of the new unit.

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