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"Treasury Secretary Timothy Geithner has frequently clashed with Wall Street bailout watchdog Elizabeth Warren, but today he praised her work on financial reform and said she would be "a very effectively leader" of the powerful consumer protection agency to be created under the new Wall Street reform law.
"She is one of the most effective advocates of reform in the country," Geithner told reporters at a breakfast sponsored by the Christian Science Monitor. "She has enormous credibility. ... I think she would be an very effective leader of that institution." But even as he praised Warren, Geithner made it clear he has not endorsed her to run the agency.
"You heard me praise her as an effective leader," Geithner said. "We have not yet made a recommendation to the president" about who should run the new agency.
The White House has mentioned two others as possible candidates for the job: Treasury official Michael Barr and Eugene Kimmelman at the Justice Department.
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http://abcnews.go.com/Politics/elizabeth-warren-picked-run-consumer-protection-watchdog-agency/story?id=11219994