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Elizabeth Warren and Timothy Geithner
Maybe it is just me, but I sure would like to see Elizabeth Warren just punch the ever-living poop out of Tim Geithner. Right in the face.
That would just make my day. For some reason, I really respect that woman more than I respect most anyone when it comes to the economy.
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January 26, 2010: The Daily Show
I sure would like to see Elizabeth Warren just punch the ever-living poop out of Tim Geithner. Right in the face.
What an Ultimate Fighting Championship that would be! I'm picturing them in the cage now.
What do I like.. er adore... about Elizabeth Warren?
As well as Geithner, I'd like her to punch out Chris Dodd! Over the last few weeks there has really been a groundswell of support for Warren to head the CFPB. I signed a petition to choose her which got over 160,000 signatures, several members of Congress support her as well as people like Paul Krugman. The White House has appeared to come around with Gibbs suggesting that she could be a recess appointment, but then future financial lobbyist Dodd says that no, that wouldn't be appropriate. I'm sure he supports some Rubin protoge who would be buddies with the financial types to be regulated.
I've read that this could really be a crucial decision for Obama. I hope support for Warren isn't just for show. Support for the Geithner crowd could end all progressive support for Obama.
Link from ABC News. Not sure if it's due to mounting pressure, but Geithner was supportive of Warren in a recent interview. I know Geithner is far from from perfect but I've warmed up to him more over time. I do agree with you that Warren is made for this position and should be nominated.
Does the Treasury Secretary want one of his fiercest critics to helm the newly-created Bureau of Consumer Protection? In an interview on ABC News' This Week, he sounded like he does, but stopped short of endorsing her.
Host Jake Tapper asked Secretary of the Treasury Timothy Geithner if he supported Elizabeth Warren to head the Consumer Financial Protection Bureau.
"She is a enormously effective advocate for reform," Geithner replied. "Probably the most effective advocate for reform for consumers for consumer protection in the country."
"She has huge credibility and she played a decisive role in helping make the public case for reform and she was early on this, way ahead of everybody else," Geithner told Tapper.
But does the Treasury Secretary have concerns about a woman who has been so sharply critical of him in her role as independent supervisor of the $700 billion bank bailout?
"I don't have concerns and I should say in that context that she has been playing a very important role in providing oversight over the programs we put in place to break the back of this financial crisis. You know, put out this financial fire," he said. "Alongside a bunch of other oversight bodies, she did what she had to do in that context and it's what she should do. She should shine a very careful independent assessment on all the actions government takes to make sure...Americans know what we're doing and see the results of what we're doing and she did that very well."Sen. Dodd made some comments recently implying that the Dem's "should not get ahead of themselves" with a Warren nomination and seemed to indicate she'd be near impossible to confirm. However, I'd love to see her during a hearing. I know she could hold her own and put those cynics in their place. What could they really argue against her? I can hear them now: "She's a bad choice because she'll fight too hard for consumers." LOL. If Senators line up against her or indicate they will drag their feet, this is the perfect case for a recess appointment. The GOP should not have an opportunity to bully Warren out of contention.
Elizabeth Warren to be nominated by White House next week to head Consumer Financial Protection Agency, according to Katrina van den Heuvel, editor and publisher of the The Nation magazine.
Excellent. This is great news. Warren has that most important quality: integrity.
Two more Senate Democrats climbed aboard the Elizabeth Warren bandwagon on Friday, signing on to a statement circulated by Sen. Al Franken encouraging President Obama to nominate the Harvard professor...
The Progressive Change Campaign Committee and the P Street Project have been urging their membership to flood Congress with calls of support for Warren. Franken's statement gives advocates something to organize around. The group is also calling on citizens to sign a petition backing her.
Petition:
http://act.boldprogressives.org/cms/sign/petition_warren/
Warren is "in" - kind of. This may sound like a disappointment to some, but may be a very clever and necessary move. In this role, Warren has no muzzle ,can get to work right away, and has a very influential role. Confirmation process requires her to be silent and you know the GOP would drag their feet big time so that would have been worse perhaps. I suppose she could still end up the "head" of the agency down the road. What do you all think about this one?
Washington (CNN) -- President Obama plans to name Elizabeth Warren as a special adviser to help set up a new consumer protection agency created under the Wall Street reform bill, according to sources who spoke on condition of not being identified by name.
A Democratic official said Wednesday that Warren's title would be assistant to the president and special adviser to the secretary of the Treasury on the Consumer Financial Protection Bureau.
In her role, Warren would report directly to Obama and to Treasury Secretary Tim Geithner while leading the administration's work in starting up the new bureau, the official said.
In addition, a senior administration official said Obama will name Warren to the advisory position this week.
The move would allow Warren to help set up the new consumer protection agency but bypass a potentially difficult Senate confirmation battle if she were nominated to formally run the agency.
At his news conference last week, Obama said the Senate confirmation process has been bogged down by Republican partisanship. Obama said then he had several conversations with Warren, a Harvard University professor who has long been considered the leading candidate for the job, but he stopped short of officially nominating her.
I would've preferred if he had taken the bold step of naming her Interim Director, rather than just a special advisor. As an ID she could have continued in the position indefinitely. The way it's been presented is that it's a temporary position. She gets to do the heavy work establishing it so then a more bank-friendly person gets the director position? I hope it doesn't turn out that way, but I do have concerns.
I think I'll check out Sen. Dodd's reaction to it. If he seems content, my doubts will continue; if he seems displeased, then I will be quite pleased.
The Consumer Financial Protection Bureau