Elizabeth Warren, the woman the financial industry loathes
Jeff Manning, The Oregonian
. . . Warren is the Harvard academic and firebrand consumer advocate who for years has been making life uncomfortable for the financial industry. She was also Obama's pick to be interim head of the newly created Consumer Financial Protection Bureau.
Now, four months before the Bureau even officially comes into existence, the banking industry and its Congressional water-carriers are attacking her and the bureau.
Characteristic of the attack was Wednesday's Wall Street Journal editorial, which huffed and puffed that the bureau was accountable to no one and that Warren was already stretching the bureau's portfolio, inserting herself into ongoing negotiations between state attorneys general and the banks over questionable foreclosures. . . .