This news came as a shock to me, because I cannot imagine the CFPB headed by anyone other than Elizabeth Warren.
The Wall Street Journal is reporting that Elizabeth Warren is quietly searching [Murdoch delinked] for a permanent head for the Consumer Financial Protection Bureau.
The hunt suggests that Ms. Warren, a lightning rod for some bankers, might not be selected to lead the bureau, a centerpiece of the Dodd-Frank financial overhaul bill that passed this summer. Still, many liberal groups will push to get her in the post.
President Barack Obama’s choice could signal how he intends to deal with resurgent Republicans in Congress. The feelers to business groups serve as a reminder that any nominee would likely need support from at least seven Republicans in the Senate to win confirmation.
Among the names being discussed are Iowa’s attorney general, Tom Miller; New York state bank regulator Richard Neiman; and former Office of Thrift Supervision director Ellen Seidman….
The process is at an early stage but could escalate quickly, the people said. A concrete list of candidates hasn’t yet been established, and the White House could dismiss any recommendations made by banking or liberal groups. The decision on a nominee will ultimately be made by Mr. Obama, and could come by March, the people said.
Given Warren’s passion for the new agency and the work she has done thus far to establish it, she’ll hopefully have primary influence with Obama in selecting the permanent head of the agency… [emphasis added]
Inserted from <Daily Kos>
There is no valid reason to appoint anyone else. First, the need for at least seven Republicans stated by the WSJ assumes there will be no filibuster reform. Second, if the Senate refuses to confirm any nominee, she continues indefinitely as interim head of it until someone is confirmed to replace her. Here’s the bottom line. If Obama replaces her with an accursed DINO who will burrow his nose deep between Bankster cheeks, it will be because that’s what he wants to do, not because it’s what he has to do.
The 

The lame duck session of Congress is in the books, with many touts 
Political opinions are considered choices, and in Western democracies the right to choose one’s opinions — freedom of conscience — is considered sacrosanct.
On January 5, 2011 — the first day of the 112th Congress — Sen. Tom Udall (D-NM) will touch off a long debate, which he hopes will result in a majority-rules vote on a package of meaningful changes to the Senate rules. After a series of private conversations with Democratic members, he and his allies have settled upon a framework including three distinct reforms designed to unclog the Senate and scale back the minority’s power.
Christine O’Donnell, who famously denied that she was a witch, said on Thursday that she was innocent of any financial irregularities connected to her failed campaign for the U.S. Senate.