When it first looked like Harvard Law professor Elizabeth Warren might stand a serious chance of getting appointed at the first director of the newly-created Consumer Financial Protection Bureau — a regulatory agency which she was the first to suggest — Senate Banking Committee Chairman Chris Dodd (D-CT) poo-pooed the notion, saying there’s a “serious question” about whether Warren is “confirmable.”Interesting there. Almost like Dodd is doing what he can to avoid actually having Warren run the new agency. Wonder why that is.
The New Republic’s Noam Scheiber wrote that “after surveying a dozen insiders over the last few days — congressional aides, industry officials, progressive activists, and a few administration officials — I’ve concluded that the odds are good that Warren would be confirmed if nominated by the White House.” And Dodd now seems to have shifted his rhetoric, saying that even if Warren is confirmable, it’s not worth a potential fight to get her the job:
What you don’t need to have is an eight-month battle for who the director or the head or chairperson of this new consumer financial protection bureau will be.
If all printers were determined not to print anything till they were sure it would offend nobody, there would be very little printed. -- Benjamin Franklin
Saturday, August 7, 2010
Warren Peace
Seems that Sen. Chris Dodd has gone from saying that Elizabeth Warren can't be confirmed to "It's not worth the fight" to get her confirmed.
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