Democrats consider whether Warren should lead the consumer agency

07/20/2010 | Wall Street Journal, The · Bloomberg

Democrats foreshadowed what is likely to be an intense battle over the first leader of the Consumer Financial Protection Bureau as they scrutinized whether Elizabeth Warren, a professor at Harvard Law School, should be President Barack Obama's choice. Warren is on a three-person short list for the post, but Republicans and bankers said she would push policy that would hinder banks' profit as well as access to credit for consumers. Meanwhile, Sen. Christopher Dodd, D-Conn., said Warren might not have enough support to be confirmed.

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Wall Street Journal, The · Bloomberg

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