President Obama will select Elizabeth Warren to join the administration in a special advisory role to help form the new Consumer Financial Protection Bureau, a watchdog agency she first proposed back in 2007.
The move, first reported by ABC News' Jake Tapper, gives Warren an important role in creation of the bureau, but avoids, for now, a confirmation fight in the Senate. Her selection will appease a slew of prominent lawmakers, progressives, and labor unions who in recent months have clamored for her nomination to the post. ABC
Wednesday, September 15, 2010
Obama to Name Warren as Special Advisor on Watchdog Agency
Folks on the left are ecstatic. Elizabeth Warren has done good work, but I'm not sure why she was elevated to hero status.