Former GE CEO and legend of American enterprise Jack Welch talked with Charlie Rose about what Republican policies might work.
For starters, he’s not in favor of lavishing hundreds of millions of dollars on Elizabeth Warren and the new Consumer Financial Protection Bureau.
Welch: Do I cut that silly consumer protection agency’s budget when they Read More
Looks like someone might have to dismount her high horse, because The New York Times is reporting that a senior advisor to Consumer Financial Protection Bureau brainparent Elizabeth Warren — brace yourselves — used to work for a company that lent to consumers with bad credit.
The guy in question, Rajeev V. Date, Read More
Elizabeth Warren said in a speech yesterday that stepped-up bank regulation she’s helping implement will be good for banks and consumers alike. Warren, Barack Obama’s designated advisor to the development of the new Consumer Financial Protection Bureau, said that many Americans view banks with extreme suspicion, and that increased transparency will remedy banks’ Read More
Consumer advocate and designated setter-upper of the new Consumer Financial Protection Bureau Elizabeth Warren made $90,000 doing legal work in a class-action suit against large U.S. banks including Citigroup, J. P. Morgan Chase and Bank of America, Bloomberg reports. She did the work while she was head of the Congressional Oversight Panel
This Read More
Elizabeth Warren, the kinda-sorta head of the new Consumer Financial Protection Bureau, said on CNN today that she’s been meeting with banking-industry types, and that the talks have been going rather smoothly.
This is perhaps a little surprising, given that Warren has advocated breaking up too-big-to-fail banks, subjecting them to more scrutiny, Read More
In the past, there’s been some chafing between Treasury Secretary Tim Geithner and Elizabeth Warren, the new pseudo-head of the Consumer Financial Protection Bureau. Now that the pair of financial regulators are being asked to shed their animosity and work together to create a bank regulator with a $400 million budget. We’ll get a Read More
Coming in July 2011, or sooner: The Consumer Financial Protection Bureau, starring Elizabeth Warren. The wonks at the U.S. Treasury Department are readying a transfer of consumer-protection authority over to the new agency, The Wall Street Journal reports. The White House today named Warren as the official-unofficial, semi-interim head of the agency.
Warren’s Read More
As part of an ongoing effort to avert the unpleasantness created by the United States’ system of checks and balances, the Obama administration will make Elizabeth Warren an assistant to the president. From that vantage, the bespectacled consumer advocate will oversee the establishment of the Consumer Financial Protection Bureau, a key part of the Dodd-Frank Read More
Update: Looks like this was a false alarm. The White House has released this statement about Warren (via TPM):
Elizabeth Warren has been a stalwart voice for American consumers and families and she was the architect of the idea that became the Consumer Financial Protection Bureau. The President will have more to say Read More