Warren Ruled Out as Consumer Agency Head

By: David Dayen Saturday July 16, 2011 9:45 am

A separate article in the Wall Street Journal said the short list was narrowed to Raj Date, Richard Cordray and Jennifer Granholm. But Granholm already turned down the job, saying Warren deserved it, and she doesn’t work at CFPB. So it’s probably down to Cordray and Date, and in all honesty, I’m fairly sure Date will be nominated. The fact that nobody would leapfrog Warren and take the job was working to constrain the Administration’s options for a time, but once Date expressed willingness, Warren couldn’t very well say no to someone she hired.

Darrell Issa Steps in It, Inadvertantly Reveals Improper Use of Congressional Funds to Serve AEI

By: emptywheel Thursday July 14, 2011 1:30 pm

Republicans are big fans of projection. When they’re neck-deep in conflicts of interest, they like to hide it by accusing Democrats of such conflicts. When they leak stuff, they accuse Democrats. When they mismanage stuff, they accuse Democrats.

And yesterday, Darrell Issa got caught doing just that.

Reason 549 Why We Need a Strong CFPB Director

By: Peterr Tuesday June 28, 2011 1:30 pm

My wife and I recently bought a home. As if I hadn’t been persuaded earlier, the entire process convinced me of the need for a strong Consumer Financial Protection Bureau and someone strong-willed and committed to protecting consumers to run it, like Elizabeth Warren.

Financial Regulatory Appointments Eyed by White House

By: David Dayen Saturday June 11, 2011 7:52 am

The White House appears finally ready to make a number of financial regulatory picks, readying nominees to replace the heads of the FDIC and the OCC, who have left or are in the process of leaving.

Chairman Issa Picking Minority Witnesses for Hearings on Oversight Committee

By: David Dayen Friday June 3, 2011 2:55 pm

Darrell Issa is trying to stop House Oversight Committee Democrats from calling minority witnesses for hearings, and if successful this could become a more widespread Congressional practice.

89 House Democrats Demand CFPB Appointment for Elizabeth Warren

By: David Dayen Thursday June 2, 2011 7:19 pm

89 House Democrats just fired off a letter to President Obama asking that he appoint Elizabeth Warren as the Director of the Consumer Financial Protection Bureau. The list of names comes mostly from the Progressive Caucus but includes members of the House leadership like Budget Committee ranking member Chris Van Hollen, Education and the Workforce Committee ranking member George Miller and House Democratic Caucus Chair John Larson. Reps. Carolyn Maloney, Brad Miller and Keith Ellison, all members of the Financial Services Committee, put together the letter. They specifically stated that Warren should be appointed by “recess appointment if necessary.”

Barney Frank: “Republicans are completely afraid of Elizabeth Warren”

By: David Dayen Saturday May 28, 2011 7:00 pm

Rep. Barney Frank (D-MA), the ranking member on the House Financial Services Committee, thinks that the Republican efforts to both block any appointment for the Directorship of the Consumer Financial Protection Bureau, and to now block recess appointments so a Director cannot be installed, comprises an “outrageous abuse of the Constitution,” and must mean that the “Republicans are completely afraid of Elizabeth Warren,” who is currently setting up the bureau, and who is the leading candidate to take it over.

Warren Called a Liar in House Hearing; Rumors of Senate Run Emerge

By: David Dayen Tuesday May 24, 2011 11:45 am

Elizabeth Warren faces a House Financial Services Subcommittee today. The hearing is called “Who’s Watching the Watchmen? Oversight of the Consumer Protection Bureau.” It’s chaired by Rep. Patrick McHenry (R-NC), one of the more ideological conservatives in Congress, who has been at the forefront of the move to gut the CFPB before it gets off the ground. And in his opening remarks today, he basically accused Warren of lying.

Congress and Obama Ignore Health Effects, Budget Savings, Cave to Polluters

By: Scarecrow Sunday May 22, 2011 6:45 am

Congress and the President, fearful of a backlash from polluters, are forcing EPA to postpone needed rules to protect public health, leading to avoidable illnesses and deaths while also increasing the budget requirements for public health programs like Medicaid, SCHIP, and Medicare.

Justice Department Plans to Subpoena Goldman Sachs for Documents “Within Days”

By: David Dayen Friday May 20, 2011 4:07 pm

It’s possible that this is just an illusion of investigation from the Department of Justice. But with Levin continuing to tell the press that there will be an indictment, it raises the stakes for DOJ. It makes it harder for them to let it go, although that’s certainly still possible.

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