September 16th, 2010
09:37 AM ET
4 years ago

Dan Lothian: No Warren announcement Thursday

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9:30 a.m. – A White House official just told me that the formal announcement on Elizabeth Warren will NOT happen today.

News broke late Wednesday that President Obama had settled on frontrunner Warren to a new advisory role in setting up the Consumer Financial Protection Bureau a move that would sidestep a potential senate confirmation showdown.

And this morning a few more details from a Democratic official:

"The President is appointing Elizabeth Warren to be an Assistant to the President and Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau. In this role, Ms. Warren will report directly to the President and to Secretary Geithner and lead the Administration's work in standing up the CFPB, a task that was assigned to the Treasury in the Wall Street Reform Act."

soundoff (5 Responses)
  1. Experience?

    Does she have any experience in the real world of economics or is this just another harvard buddy? Those that know how, do, those that don't, teach.

    September 16, 2010 10:50 am at 10:50 am |
  2. JES

    As always Obama tries to get things done by going thru the backdoor and not the front.

    More government we don't need.

    Obama just will not listen to the majority of the voters.

    September 16, 2010 10:55 am at 10:55 am |
  3. Snow

    Another obummer appointee by passing Senate confirmation because even alot of democrats do not like this person. If this was President Bush doing this, the lame brainless media would have their panties in a twist critizing the president but being it is their messiah they remain silent.

    September 16, 2010 11:00 am at 11:00 am |
  4. BestProfitBusiness = WAR

    Hell yea! Hopefully she will shine a bright light in that dark place, The Federal Reserve Bank aka private bank of USA!

    September 16, 2010 11:02 am at 11:02 am |
  5. Ridgeway

    Solving unemployment one new government job at a time.

    September 16, 2010 11:09 am at 11:09 am |