{"id":4579,"date":"2011-04-15T03:16:36","date_gmt":"2011-04-15T10:16:36","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=4579"},"modified":"2011-04-15T03:16:36","modified_gmt":"2011-04-15T10:16:36","slug":"elizabeth-warren-by-default","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2011\/04\/15\/elizabeth-warren-by-default\/","title":{"rendered":"Elizabeth Warren by Default?"},"content":{"rendered":"<p><font color=\"#0000ff\">Republicans hate the CFPB.&#160; Any agency that exists to protect consumers from criminal Banksters directly opposes Republican policy.&#160; They hate Elizabeth Warren.&#160; The CFPB is her idea and exists only because of her efforts to promote it.&#160; So to avoid a confirmation fight, Obama tasked Warren with finding a replacement for her.&#160; The problem is, nobody in their right mind, except for a dedicated, progressive consumer advocate, like Warren herself, would want the job!<\/font><\/p>\n<blockquote>\n<p style=\"line-height: normal; margin: 0in; font-family: \" align=\"left\"><font style=\"font-size: 12pt\"><img loading=\"lazy\" decoding=\"async\" style=\"display: inline; float: right\" title=\"CFPBWarren\" alt=\"CFPBWarren\" align=\"right\" src=\"https:\/\/www.7thstep.org\/blog\/wp-content\/uploads\/2011\/04\/CFPBWarren.jpg\" width=\"360\" height=\"400\" \/>Elizabeth Warren might end up being the nominee to be permanent head of the Consumer Financial Protection Bureau, as <strong>the White House can&#8217;t find anyone willing to take the job<\/strong> [Murdoch delinked]. Warren has been spearheading the effort to get the new agency up and running, but is generally not expected to be Obama&#8217;s permanent nominee because of strong congressional opposition to her, specifically. <\/font><\/p>\n<p style=\"line-height: normal; margin: 0in 0in 0in 0.375in; font-family: \" align=\"left\"><font style=\"font-size: 12pt\">White House officials seeking someone to run the Consumer Financial Protection Bureau have so far failed to find a nominee, with several candidates rebuffing the administration&#8217;s overtures, according to people familiar with the process. <\/font><\/p>\n<p style=\"line-height: normal; margin: 0in 0in 0in 0.375in; font-family: \" align=\"left\"><font style=\"font-size: 12pt\">One concern of some: That accepting would undercut Elizabeth Warren,&#160; the Harvard law professor and consumer advocate who is currently a special adviser to the president charged with setting up the bureau. She remains a hugely popular figure among many Democrats and anathema to many Republicans.<\/font><\/p>\n<p style=\"line-height: normal; margin: 0in 0in 0in 0.375in; font-family: \" align=\"left\"><font style=\"font-size: 12pt\"><strong>Many on the left want Ms. Warren, a longtime critic of the financial industry who pushed to create the consumer protection agency, to become its director<\/strong>.<\/font><\/p>\n<p style=\"line-height: normal; margin: 0in 0in 0in 0.375in; font-family: \" align=\"left\"><font style=\"font-size: 12pt\">The nascent bureau must have a director in place by July 21 in order to get a slate of broad powers to attack fraudulent and abusive financial practices.<\/font><\/p>\n<p style=\"line-height: normal; margin: 0in; font-family: \" align=\"left\"><font style=\"font-size: 12pt\">&#8230; [<em>emphasis added<\/em>]<\/font><\/p>\n<\/blockquote>\n<p>Inserted from &lt;<a href=\"http:\/\/www.dailykos.com\/story\/2011\/04\/14\/966580\/-White-House-finding-few-takers-for-CFPB-chief-job\" target=\"_blank\">Daily Kos<\/a>&gt;<\/p>\n<p><font color=\"#0000ff\">Count me among those who want Warren as director.&#160; However, I will happily change my mind were she to be tagged to replace Tim Geithner.<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republicans hate the CFPB.&#160; Any agency that exists to protect consumers from criminal Banksters directly opposes Republican policy.&#160; They hate Elizabeth Warren.&#160; The CFPB is her idea and exists only because of her efforts to promote it.&#160; So to avoid a confirmation fight, Obama tasked Warren with finding a replacement for her.&#160; The problem is, <a href='https:\/\/www.politicsplus.org\/blog\/2011\/04\/15\/elizabeth-warren-by-default\/' class='excerpt-more'>[&#8230;]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-4579","post","type-post","status-publish","format-standard","hentry","category-politics","category-5-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/4579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=4579"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/4579\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=4579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=4579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=4579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}