89 House Democrats Demand CFPB Appointment for Elizabeth Warren

[kpete]

Source: Firedoglake

89 House Democrats Demand CFPB Appointment for Elizabeth Warren
By: David Dayen Thursday June 2, 2011 11:35 am

89 House Democrats just fired off a letter to President Obama, prior to meeting with him in the White House, asking that he appoint Elizabeth Warren as the Director of the Consumer Financial Protection Bureau. The list of names comes mostly from the Progressive Caucus but includes members of the House leadership like Budget Committee ranking member Chris Van Hollen, Education and the Workforce Committee ranking member George Miller and House Democratic Caucus Chair John Larson. Reps. Carolyn Maloney, Brad Miller and Keith Ellison, all members of the Financial Services Committee, put together the letter. They specifically stated that Warren should be appointed by “recess appointment if necessary.” This is from the release:

“Those who are blocking Elizabeth Warren from even being nominated are members of ‘The Financial Crisis Never Happened Caucus’,” Rep. Maloney said. “In her role as Assistant to the President since September creating the CFPB, Mrs. Warren has shown her unique skills in traveling across the country and meeting with everyone to be affected by the new body: from bank executives to those with troubled mortgages. She’s demonstrated that a regulator must reach out, listen to all sides and decide issues in the public interest. It’s time for the President to appoint her to the Director’s job—regardless of her misguided Senate opponents.”

“Just last month, the CFPB proposed simple one-page disclosure forms for mortgages that make clear the terms and conditions in plain English. It’s beyond me how things like this so terrify the CFPB’s antagonists,” Maloney said.

Read more: http://news.firedoglake.com/2011/06/02/89-house-democrats-demand-cfpb-appointment-for-elizabeth-warren/

[aquart]

1. Plus me.

[plumbob]

7. Plus me!

She's great!

[juajen]

2. I hope they listen. She is very good. NT

[SoapBox]

3. She has my support 100%!

...she's super-duper.

[russspeakeasy]

4. Where the hell is my President ?

[nevergiveup]

6. Your president

asked Elizabeth Warren to set up the new agency and so far the Republicans have even gone so far as to not recess congress during the recent break so the president could not make a recess appointment. Did you watch the hearings last week and see the expression on Warren's face when the Repub congressman insinuated she was a liar? She is one tough lady but everyone has their breaking point. I think there will be a point soon where she doesn't want the job.

[onehandle]

5. I'm done with this. Run for the Senate, Elizabeth. Displace Senator Pink Leather Shorts. nt

[Tarheel_Dem]

8. Was this "demand" made before or after the non-recess? I know they're

doing this publicly for their constituents, but what is the point? Couldn't they outsmart Boehner? Is this something else Congress lays at the WH door, because they can't do their own jobs? :shrug:

[Scuba]

9. Wall Street fears Elizabeth. Ergo, Scuba loves Elizabeth. n/t

[florida08]

10. good

Better not cave on this. Signed many petitions online for her.

[groundloop]

11. It's pretty damned pointless with teabaggers controlling the House

The teabaggers won't let this happen, plain and simple. Since they control the House there's nothing the President can do.

[TheWraith]

14. The House isn't involved. But it would be subject to filibuster.

Just like everything else the POTUS has tried to do. Hence the original move, putting her in charge of developing the agency, which DIDN'T require Senate confirmation.

[Name removed]

12. Deleted message

Message removed by moderator. Click here to review the message board rules.

[classysassy]

13. The president

is going golfing with the Orange Man,maybe they can make a deal,further tax cut for the wealthy if Bonehead relents.