Who’s Afraid of Elizabeth Warren?

[Derechos]

The next big political battle in Washington -– whenever the budget debate is declared over –- is likely to feature the Consumer Financial Protection Bureau and whether Elizabeth Warren will become its first official head.

Elizabeth Warren, head of Consumer Financial Protection Bureau, told a House subcommittee on Wednesday, “We do not envision new rules as the main focus of how the C.F.P.B. can best protect consumers.”But will this fight feature a classic left vs. right set-piece confirmation showdown in the Senate? Or it will it be resolved with cloaks and daggers closer to the White House – with Treasury Secretary Timothy F. Geithner working to prevent Professor Warren’s nomination, or her confirmation if she were nominated?

http://economix.blogs.nytimes.com/2011/03/17/whos-afraid-of-elizabeth-warren/?src=busln

[tridim]

1. Empowered consumers are a GOP nightmare.

Go Warren!

I watched the hearings last night on CSPAN and yep, they Repukes acted like complete douchenozzles. They are absolutely afraid of her.

[socialist_n_TN]

2. Apparently the big banks and other capitalists....

and their toadies in the political parties. We know all of the Republicans will vote to cut the power of the board. I think it will be interesting to see how many do vote with them.

[RaleighNCDUer]

3. Geitner's not worried about her.

He's still her boss, and can overrule anything that threatens the PTB.

she's the right person for the job, but I don't honestly think they'll let her do much.

[DCKit]

4. "He's still her boss...."

Does anyone else believe their roles should be reversed?

Thought so.