Warren’s power
November 19, 2010 | CFPB, Elizabeth Warren | Comments (0)Spelled out yesterday by a Treasury official. From the WSJ Washington Wire:
On Thursday, a key Treasury official said that Ms. Warren and her fledgling bureau have quite a bit of authority – including the ability to start the rule-writing process. The bureau can engage undertake studies, solicit feedback from the public “and I think even putting out proposals,” Treasury’s General Counsel George Madison said at a luncheon.
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