Trying to block Warren
October 28, 2009 | federal legislation, industry | Comments (0)We posted several times on this site about Elizabeth Warren. This piece in the Huffington Post says the GOP is trying to block her from heading the CFPA:
As the Consumer Financial Protection Agency (CFPA) inches toward becoming a reality, the pressing question becomes: Who will be the first to head it?
“I’d love it to be Elizabeth [Warren],” said Rep. Barney Frank (D-Mass.), referring to the Harvard professor and chair of the Congressional Oversight Panel — the bailout watchdog.
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As the Consumer Financial Protection Agency (CFPA) inches toward becoming a reality, the pressing question becomes: Who will be the first to head it?
“I’d love it to be Elizabeth [Warren],” said Rep. Barney Frank (D-Mass.), referring to the Harvard professor and chair of the Congressional Oversight Panel — the bailout watchdog.
The amendment, offered by Rep. Scott Garrett (R-N.J.), would have eliminated a broad range of people from contention. But, Garrett made clear, the best way to divine the target of his amendment is by “considering who actually created this idea for a Consumer Financial Protection Agency a long time ago,” the Hill paper CQ Today reported on Friday.
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