Saturday February 11th 2012         |       40 years of foresight, insight and integrity

Elizabeth Warren in Treasury Crosshairs Again, Geithner Opposes Her as Head of Consumer Financial Services Protection Agency

Elizabeth Warren in Treasury Crosshairs Again (Update/Correction: Treasury Disputes Media Reports)

To say there is no love lost between Treasury and Elizabeth Warren is probably putting it mildly.

Treasury was gunning for her ouster in early 2009; I heard multiple accounts both of how concerted the Administration opposition to her was (recall she was actually chosen as head of the Congressional Oversight Panel before the regime change), with the clear objective of forcing her out. Eventually, after firm pushback from some very influential individuals (I’ve heard variants of the story, but there isn’t any dispute as to who the key actors were), the pressure receded, but only after Warren was semi-neutralized.

http://www.nakedcapitalism.com/2010/07/elizabeth-warren-in-treasury-crosshairs-again-geithner-opposes-her-as-head-of-consumer-financial-services-protection-agency.html

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