…….read somewhere: “A wise man not only uses his own brain but also all that he can borrow”.
Progressives hero Elizabeth Warren is tapped by POTUS to launch the much needed, much awaited Consumerer Financial Protection Bureau.
Harvard Law School Prof. Elizabeth Warren will launch the newly created Consumer Financial Protection Bureau, answering directly to Obama and Treasury Secretary Timothy Geithner, the President announced Friday.
“The daughter of a janitor, she is one of the country’s fiercest advocates for the middle class,” Obama said of Warren, whom he’s known since he got his law degree at Harvard.
“The Consumer Financial Protection Bureau will crack down on the abusive practices of unscrupulous mortgage lenders [and] reinforce the new credit card law we passed banning unfair rate hikes,” Obama said.
Warren, 61, who specializes in finance and bankruptcy law, came up with the idea for a Wall Street consumer advocate’s position three years ago.
Also, too, she will serve as direct assistant to POTUS on economic matters. Hurray!!
61, she is 61..? Amazing!! I so want to know all she can share not only on finances but also on ‘How to look amazing south of 40’s?”
KUDOS, Professor Warren KUDOS!!!