Washington (CNNMoney.com) – Wall Street reform isn't quite the law of the land, but already top Democrats are battling over who President Obama should name to run the signature piece of the measure: the consumer protection agency.
For more than a year, the top pick has been assumed to be Elizabeth Warren, the Harvard University law professor who came up with a lot of the original ideas behind the agency.
"Elizabeth Warren is a great, great champion for consumers, the middle class families across this country. . . And what has been done here in many ways reflects something that she's been advocating for years and years and years," said White House Adviser David Axelrod last Friday, confirming Warren as one of a few candidates for the job.