Washington (CNNMoney) – White House adviser Elizabeth Warren returns to Capitol Hill on Tuesday to defend the new Consumer Financial Protection Bureau against Republicans who want to curb and control the agency's powers.
In a House Oversight subcommittee hearing that's being held to attack oversight of the bureau, Warren will focus on highlighting the need for the bureau, detailing all the different checks and balances on it, according to prepared testimony released Monday.
Go Dems!!!! Protect the "Mainstreet Americans from Corporate Greed,and keep Gop "Entitlements" to the Rich at bay! Somebody has to,or were all in "Financial Disaster" again! Obama 2012
She's smarter than every single GOPer in the House...they resent it bitterly. This will no doubt turn into a kangaroo hearing with the GOP trying to get things on the record as facts even though they are merely conclusory assertions from their own mouths and accusations leveled at her in hopes the "accusation = conviction" tactic sticks.
yea .. keep putting road blocks , hassell, obstruction so business crawls or stops... heck we dont have high unemployment........she is no help to american workers..
Two words to avoid such nonsense and Teahadist obstruction--Recess Appointment.
gt, unless your a very wealthy person, you should read what they do and how they protect us (middle class)from big business rotten practices! And yes, i am an american worker and some of the things they already have done have helped me!
Speak Truth to "wannabe power" YOU GO GIRL! Me thinks this is an excellent plan. I can't wait to hear what she will say. I have a lot of respect for this lady.
This is wha sticks in my craw. How on earth can the Republicans defend this position? This agency is for the American consumer in every way. How can the Republicans be against what is best for the consumer? How, how can they even defend that position going into the 2012 elections. How can anyone in their right minds be for Republicans. How? They are against anything that helps the average Americans. I admire big business and corporate know how, but they have become greedier and greedier and are not for the best interest of the American Consumer. its ridiculous. I can't wait to hear what she will say or has said.
curb greed....go, good luck...get visa and m/c. Banking...etc, robbing the nation...
Ms. Warren is faster, smarter and extremely more intelligent than the sum total of the GOP. (Indeed, if you looked at the
average IQ of the GOP, she would be totally out of the ballpark.)
However, it is not a surprise, that particularly the most right wing, corrupt and sleazy members of the GOP are scared
of her. She is a direct threat to their desparate attempt to safeguard their "business friends" monopolistic, sleazy and
That, of course, will never work. That kind of behaviour will always crash and burn.
As it well should.
On the shortlist of things republicans despise are consumers – with rights.
LOL...TeaHadists....yest that is the most perfect way I've heard the GOP clowns in Politicians' clothing described. Legislative terrorists......
@ gt – Yeah, your right, it's so much better to have boom, bubble, and bust cycles that financially wipe out millions of Americans every decade or so than have reasonable regulation that creates a little drag, but steady, generally predictable growth that you can count on to build financial success. Let's let the greediest among us do whatever the heck they want to their own short term enrichment and the expense of us all when they crash the economy. Good thinking.
The GOP is VERY, VERY scared of Elizabeth Warren because she is a true advocate for middle-class, working Americans and has not been bought off by Wall Street like so many "economists" and "regulators" in our current system. Watch the movie "Inside Job" - it is amazing how corrupted the current system is. Ms. Warren will be a true regulator and an investigator who calls out Wall Street and Big Business violations and corruption. Therefore, the GOP does not want her in any position to do that. After all, the GOP works for Wall Street and Big Business and wants LESS regulation for them, not more. The Democrats are certainly not perfect in this area, either, but at least they have put forth some reforms even if they are not strong enough reforms. The GOP is working to tear down the small reforms the Democrats have achieved and de-regulate even further! If you care at all about harding-working middle class Americans, vote Democrat.