from The New York Times
“A lot of us are terrified about what happens in rule-making,” said Stephen Lerner of the Service Employees International Union, which is pressing the administration to nominate Ms. Warren. “Symbolically, it does seem incredibly important to pick somebody who not only invented the idea, but someone who doesn’t claim to be a neutral.”
Bankers oppose her nomination for exactly that reason. Roger M. Beverage, head of the Oklahoma Bankers Association, said that Ms. Warren was widely respected in Oklahoma, where she was raised and is still remembered as a high school debate champion. But he said that his members did not believe she would understand the needs and concerns of community banks.
“Not that she’s not competent. Goodness gracious, I would never say that. She’s exceptionally bright. We just fear what she might come up with,” Mr. Beverage said. “She’s a partisan and she’s bull-headed and she’s opinionated. And she’s terrific. She’s a great advocate. We just respectfully disagree with her view of the world.” [Emphasis added]
The name of the new agency is the Consumer Financial Protection Bureau. Would not “neutral” and “partisan” here be like the chair of the United States Commission on Civil Rights being neutral or too partisan about civil rights?
Related articles by Zemanta
- Franken, Merkley, Udall Endorse Warren for CFPB (news.firedoglake.com)
- Elizabeth Warren leading choice for top U.S. consumer post (theglobeandmail.com)
- NY Times gives nod to “native Oklahoman” Elizabeth Warren (jenx67.com)
- Elizabeth Warren: Nightmare on Wall Street (salon.com)
- Suddenly, The Obama Administration Loves Elizabeth Warren For The Consumer Financial Protection Agency (businessinsider.com)
- More Warren — By: Robert Costa (corner.nationalreview.com)