Elizabeth Warren

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Elizabeth Warren Inches Closer to Senate Run

She launches exploratory committee, website

(Newser) - Elizabeth Warren has taken one big step closer to a much-buzzed about run for Senate in Massachusetts. Yesterday the consumer advocate and Harvard professor filed paperwork to create an exploratory committee, a source tells the AP . She also put up a website— http://elizabethforma.com —where supporters can donate...

Elizabeth Warren Senate Run Looks Likely

She is expected to challenge Scott Brown in Massachusetts

(Newser) - Pencil it in as one of the better Senate races to watch in 2012: Elizabeth Warren vs. Scott Brown in Massachusetts. It now looks like a safe bet that Warren will enter the contest, writes Sam Stein in the Huffington Post . Warren herself ratcheted up the speculation by posting a...

Elizabeth Warren Won't Rule Out Running for Scott Brown's Senate Seat
 Elizabeth 
 Warren 
 Sly About 
 Senate Run 
LOOK OUT, SCOTT BROWN

Elizabeth Warren Sly About Senate Run

Says she's going home to Massachusetts 'to think'

(Newser) - Elizabeth Warren might be out of that gig at the CFPB today, but that's only got tongues wagging busily about her future job prospects: namely, a run for Scott Brown's Massachusetts Senate seat, reports the Hill. Warren herself declined to rule out a run when asked by MSNBC...

Obama Taps Ex-Ohio AG for Consumer Bureau

Elizabeth Warren passed over in hopes of avoiding Senate brawl

(Newser) - Elizabeth Warren is officially out at the Consumer Financial Protection Bureau: President Obama will tomorrow instead nominate former Ohio AG Richard Cordray to lead the agency, reports the Columbus Dispatch. Cordray is currently the bureau's enforcement director, and Obama will likely dodge the Senate dogfight that would have...

Elizabeth Warren Won't Be Consumer Chief

Obama to pick someone else next week: Bloomberg

(Newser) - Longtime Wall Street critic Elizabeth Warren will not head the new consumer watchdog group she has helped create , reports Bloomberg . President Obama next week will appoint someone else to be the first director of the Consumer Protection Financial Bureau, which officially opens for business on Thursday. (The Wall Street Journal...

John McCain: Sarah Palin Could Win the White House
 McCain: Palin Could Win It 
TALK SHOW ROUNDUP

McCain: Palin Could Win It

He also gives Santorum a pass on torture dig

(Newser) - John McCain thinks his former running mate has a shot at the White House that proved elusive to him. Asked today whether Sarah Palin could beat President Obama, McCain replied: "Of course she can. She can. Now, whether she will, whether she'll even run or not, I don'...

Elizabeth Warren Hearing Turns Nasty

Congressman accuses consumer protection chief of lying

(Newser) - The mutual animosity between House Republicans and White House adviser Elizabeth Warren was on full display today during a testy congressional hearing on the new consumer protection bureau she is working to get running. Rep. Patrick McHenry accused Warren of overstepping authority and misleading Congress about it (she said he...

Long Banks' Worst Enemy, Warren Now Courts Them

'She's listening' as she sets up Consumer Financial Protection Bureau

(Newser) - Elizabeth Warren is the longtime bane of the banking industry's existence, but as she prepares the new Consumer Financial Protection Bureau, the woman who once slammed Wall Street's finest as "the people who drove the car off the cliff" is now killing them with kindness. In many cases, they’...

Obama: Warren Will Fight for Middle Class

President taps adviser to set up consumer protection agency

(Newser) - President Obama named Wall Street critic Elizabeth Warren a special adviser today and tasked her with setting up a new agency to look out for consumers. Calling Warren "one of the country's fiercest advocates for the middle class," Obama said the new bureau would end abusive practices. "...

Elizabeth Warren Will Help Set Up Consumer Agency

Obama will appoint her to Treasury post, avoid hearings

(Newser) - President Obama will appoint Wall Street critic Elizabeth Warren as a special adviser to oversee the creation of a new consumer protection bureau, a Democratic official said today. Warren would report to both the Treasury Department and the White House in a role that would not require Senate confirmation .

Obama May Sneak Warren in as 'Interim' Consumer Chief

...for an indefinite period of time

(Newser) - President Obama is considering making Elizabeth Warren the quote-unquote interim director of the Consumer Financial Protection Bureau, as a way of avoiding a Republican filibuster, a White House source tells the Huffington Post. Appointing Warren on an interim basis would allow her to begin setting up the agency she invented...

Obama, Stop Snubbing Progressives
Obama, Stop Snubbing Progressives
Paul Krugman

Obama, Stop Snubbing Progressives

This one's easy: Pick Elizabeth Warren

(Newser) - President Obama is having well-documented troubles with progressives , partly because their "sky-high expectations" have collided with political reality, writes Paul Krugman. But the president deserves a fair share of the scorn because of his "consistent snubbing of those who made him what he is." The latest: his...

Ignore Carping: Let Warren Run Consumer Agency

Banks are afraid she's too tough, but she's spot on

(Newser) - Some powerful forces are lining up to ensure that Elizabeth Warren isn’t chosen to head the Consumer Protection Financial Agency, which is absurd, writes David Weidner of the Wall Street Journal , because “there really is no other choice.” Warren invented and championed the whole idea of the...

Banks Will Say 'Up Is Down' to Make a Buck
Banks Will Say 'Up Is Down' to Make a Buck
Elizabeth Warren

Banks Will Say 'Up Is Down' to Make a Buck

In fighting consumer agency, they prove they're hypocrites

(Newser) - The American Bankers Association is lobbying hard to kill the consumer protection agency, arguing that separating consumer protection from "safety and soundness" regulations would destabilize banks. Which might be a more credible argument, had they not made the opposite one in a 2006 memo, notes TARP oversight chair Elizabeth...

Banks' Lobbying Blitz a Betrayal of Public Trust
Banks' Lobbying Blitz a Betrayal of Public Trust
ELIZABETH WARREN

Banks' Lobbying Blitz a Betrayal of Public Trust

After toppling economy, Wall St. now opposes consumer protections?

(Newser) - “Banking is based on trust,” Elizabeth Warren argues in the Wall Street Journal , yet lately banks have “thrown away customer trust like so much worthless trash.” After ripping off the public for years with deceptive mortgages and credit card tricks, they’re now lobbying furiously against...

Dems May Cave on Consumer Agency
Dems May Cave on Consumer Agency 

Dems May Cave on Consumer Agency

Proving they serve banks, not families, says Elizabeth Warren

(Newser) - Senate Democrats are signaling that they're willing to drop the independent Consumer Financial Protection Agency to get financial reform passed, but they'll have to go through bailout watchdog Elizabeth Warren to kill it. The fight over the independent agency is a showdown between the banks' interests and those of American...

Geithner Defends TARP Extension

Says it would 'irresponsible' not to extend bailout

(Newser) - Treasury Secretary Timothy Geithner told a skeptical watchdog panel today that a "limited, qualified extension" of the unpopular bank bailout program until October was necessary. "It would be irresponsible to do otherwise," Geithner said. Oversight chairman Elizabeth Warren seemed unconvinced, saying that though the program was "...

Choose, America: Big Banks or Middle Class
 Choose, America: 
 Big Banks or Middle Class 
ELIZABETH WARREN

Choose, America: Big Banks or Middle Class

Bank shenanigans are destroying the building block of America

(Newser) - The inevitable consequence of letting big banks run wild is nothing less than the extinction of the American middle class. "Unthinkable,” Elizabeth Warren writes—but a real and dire possibility. Warren, chair of the Congressional Oversight Panel on the bailouts, has seen the numbers, and they aren't pretty....

Obama's a Fraud; Elect the TARP Queen
 Obama's a Fraud; 
 Elect the 
 TARP Queen 
Matt Taibbi

Obama's a Fraud; Elect the TARP Queen

Time to face it, Obama's not delivering

(Newser) - Almost a year into his presidency, Barack Obama appears to suck. He hasn’t closed Guantanamo Bay, health care reform is a debacle, and worst of all, he’s “completely whiffed” on fixing Wall Street, “siding with the financial status quo, who happen to be the bad guys,...

50% Pay Cuts for Bailout Execs Due Today

Warren confirms cuts to 25 top earners at 7 companies

(Newser) - The Treasury Department today is expected to order seven companies that have not paid back last year's US government bailouts to halve their top executives' average compensation. The cuts apply to the 25 highest-paid executives at banks and other companies that received the most assistance, with salaries being slashed by...

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