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Republicans warming to Warren

August 30, 2010 | CFPB Nomination, Elizabeth Warren, Financial Reform Bill - CFPB, federal legislation | Comments (0)

From the Wall Street Journal:

Could Elizabeth Warren’s outspokenness yet prove a plus? A whisper is that some Republicans are warming to Ms. Warren as the first consumer financial-affairs regulator over another candidate, Treasury Department Assistant Secretary Michael Barr. The thinking: Ms. Warren isn’t shy about speaking her mind, so banks would know what was coming. Some fear Mr. Barr would be more circumspect but end up hitting bankers with surprise initiatives. But all that could be moot. One idea doing the rounds in Washington is that President Obama might name Ms. Warren when Congress is out of session, avoiding a confirmation hearing until next year.

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