Elizabeth Warren, touted to lead new consumer protection agency, has powerful enemies

 

The consumer advocate's blunt questions as head of the TARP watchdog panel have made Wall Street captains squirm. Critics say she favors too much government control.

For a soft-spoken, unfailingly polite university professor, Elizabeth Warren has a surprising knack for making people squirm — particularly on Wall Street.

Related

  • Elizabeth Warren, an outspoken consumer rights advocate feared by Wall Street, is among top contenders to head a new financial consumer watchdog bureau, a senior White House adviser said on Friday.

  • Elizabeth Warren is folksy and plain-spoken and favors cardigans over Washington power suits.

  • If there’s one thing the financial industry dislikes more than a consumer protection agency, it’s the thought that Elizabeth Warren, head of Congressional oversight for TARP, might lead it.

  • But Harvard law professor, who championed the new regulatory agency, no favourite of financial industry, which fears ‘excessively interventionist’ approach

  • In the debate to overhaul financial regulation, there’s no one remotely like Ms. Warren. She has divided Washington in her push to create a new consumer financial protection agency. click for video

  • Karl Smith submits: By Adam OzimekI want to try and provide a case against Elizabeth Warren. By no means am I an expert on her record, nor have I followed her every word, so don’t take this as the final word on her… not like you would though.Complete Story »

  • U.S. President Barack Obama will move "fairly quickly" to choose a head for the new Bureau of Consumer Financial Protection, Deputy Treasury Secretary Neal Wolin said on Tuesday.

  • John Lounsbury submits:There have been numerous reports that Democrats favor Elizabeth Warren, Harvard professor and chair of the COP (Congressional Oversight Panel) created to investigate the U.S. banking bailout (formally known as the Troubled Assets Relief Program or TARP).

  • Pressure continues to mount on President Obama to select Elizabeth Warren as the nation's first consumer financial protection regulator.

  • Elizabeth Warren, who came to Washington in 2008 with the task of keeping tabs on the financial bailout, today faces the unthinkable: business as usual for the Wall Street firms whose dealings plunged the country into the most severe recession in almost 80 years.

 
DJI: 10419.63 0.96% |S&P 500: 1101.49 1.03% |FTSE: 5428.15 1.05% |Nikk.: 9114.13 0.56% |DAX: 6134.62 0.83% |HSI: 20971.50 0.49% |
FX: EUR/GBP: 1.1987 | USD/EUR: 1.2896 | JPY/USD: 84.435 | Commodities: Gold: 1247.55 | Crude - CLH09.NYM: 0.00 |