Who do we want? Elizabeth Warren! When do we want her? Now!
What we want is for President Obama to gut it up and appoint a real consumer advocate to serve as director of the new Consumer Financial Protection Bureau. Created by the Wall Street reform bill that Obama recently signed into law, the CFPB can be an independent, aggressive force to battle banker scams and rip offs on behalf of ordinary Americans. However, it will only be that if an extraordinarily-knowledgeable, feisty fighter who is unafraid to confront the banksters is put in charge.
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