Elizabeth Warren's appointment to the CFPB wouldn't be possible if Wall Street Reform had failed

[ProSense]

Republicans tried to block the bill, voted against it and now want to reinterpret the law to decide who gets to run it.

Republicans Criticize Elizabeth Warren Appointment, Call for Confirmation

Republicans are expressing their dismay over the news that President Obama has tapped Elizabeth Warren as "special adviser" to a new Consumer Financial Protection Bureau, arguing that naming her to the post - a move that means she won't have to undergo a potentially lengthy and divisive Senate confirmation process - is "an affront" to transparency that subverts the guiding principles of the agency.

Warren will be given the dual role of assistant to the President and special adviser to the Treasury secretary, which, according to a White House official , means that while for the next twelve to 18 months Warren will have oversight over the bureau's creation, she is not likely to be nominated as its director.

<...>

An assessment of some ot the expectations, Bloomberg: FBR's Miller Discusses Warren, Consumer Board

[Cha]

1. Thanks Pro Sense..republicons aren't the only ones

calling for Confirmation..chip reid was yelling for it too when Pres Obama, Tim Geithner, and Elizabeth Warren were finished with their announcement.

They can stomp and yell all they want..President Obama is too smart for that swirling bunch of dengenerates.

[alcibiades_mystery]

2. Excellent fucking Point

:thumbsup:

[ProSense]

3. Thanks.

From "pipe dream" to reality, and now consumers have a strong advocate for the first time ever.

She was great on Rachel Maddow last night.

[denimgirly]

4. As an Advisor its better than nothing -- No Chance Obama and Geitner would make her the Director

she's out to help people and the WH is in no way going to do anything that upset their bank buddies, Wall street, and anger the right.
It seems to me their perfect solution for this campaign season to satisfy the liberals but not anger the right and corporate america is to make her an advisor..and after the election then dump her for someone who is favored by corporate america.

[jenmito]

6. It's PAST time you stop trying to paint Obama as a Corporatist.

Give it up already. He's proven you wrong.

[geek tragedy]

7. More zombie whining.

She's being hired to set up the agency PLUS she's now a personal advisor to Obama himself. That is not what Wall Street wanted.

If you want to know what Wall Street thinks, listen to the Republicans.

[jenmito]

5. Check mate. n/t