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American Bankers Association Now Backs Warren

posted by Bob Lawless

A few years back there was a person who used to write for Credit Slips named Elizabeth Warren. She left the blog, and we had heard she took a government job in Washington, DC. Now, word comes via our friends at the CL&P Blog that the American Bankers Association is backing her candidacy to head the Consumer Financial Protection Bureau.

This is great news, and I hope it breaks the political logjam against her nomination. President Obama could not pick a better person to head the CFPB.

UPDATE (5/3): As noted by commenter JJM, the president of the American Bankers Association is now backtracking on his statement. See here from Jeff Gelles at the Philadelphia Inquirer (which includes a wonderful analysis of a heretofore unknown phenomenon to me: the Kinsley gaffe).

May 3, 2011 at 3:26 PM in Consumer Financial Protection Bureau

Comments

I just hope that American Bankers are not just backing up to Elizabeth Warren inorder to be helped with their wants and personal intentions regarding the services they're offering like mortgage. See this http://www.mortgagecomplianceadvisors.com/

Posted by: loan officer compensation | May 12, 2011 at 12:54 AM

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