July 20th, 2010
02:36 PM ET
12 years ago

D.C.'s hottest job: Consumer agency chief

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.

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Filed under: Wall Street
soundoff (3 Responses)
  1. NVa Native

    Warren is intelligent, thoughtful, and engaged. If you've ever seen her interviewed she exhibits a strong understanding of our economy and the inherent problems we are dealing with – and without a corporate bias.
    But of course a women let alone a moderate with such talent will drive the regressive Republicans and teabaggers completely nuts!!!
    She's perfect for the post.

    July 20, 2010 02:50 pm at 2:50 pm |
  2. thor

    What does David Axlerod know about anything.He't the one that suggested Obama do a summer recovery tour with 9.5% unemployment after 18 months in office,nothing to brag about.He's also the one that sent Obama to the Gulf to have his picture taken on an oil stained beach.He stood eating a snow cone proclaiming to be in charge while his administration was doing everything it could do to stop the people in that region from cleaning up after the disaster.

    July 20, 2010 02:58 pm at 2:58 pm |
  3. D.

    Job creation at the government agencies, like in any soviet state is the only way government in these states creates jobs!

    July 20, 2010 03:49 pm at 3:49 pm |