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: CL&P BlogPresident Obama to Appoint Elizabeth Warren to Treasury Department Position
By Brian Wolfman
ABC is reporting that President Obama will appoint Elizabeth Warren to a special position at the Treasury Department. Warren will be charged with getting the new Consumer Financial Protection Bureau up and running. As we discussed yesterday, the move is aimed at getting Warren involved in setting up the CFPB without having to go through the nomination process (which would likely be messy and time consuming and might not end in confirmation).
Addition: The New York Times is explicit in expressing the view that this appointment is an end run around the confirmation process. In an article entitled "Warren to Unofficially Lead Consumer Agency," the author notes that "[t]he decision . . .would allow Ms. Warren ... to effectively run the new agency without having to go through a potentially contentious confirmation battle in the Senate."
Full post as published by CL&P Blog on September 15, 2010 (boomark / email).
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