I vote for Elizabeth Warren to run the Consumer Financial Protection Agency! You know Ms. Warren, she is in charge of tracking all the bail-out or TARP money. I have seen her on a few interviews and every time she is asked where the money is, she replies, “I don’t know!” Isn’t it nice to see some honesty around Washington? The Boston Globe wrote an article about Warren that was part biography and part setting the stage for her possible role as head of the highly anticipated and much watered down CFPA if it ever makes it into law.
Warren said that most bankruptcies aren’t from outlandish spending but by cheating banks and medical bills. That sure sounds correct to me! If Warren is the head of the CFPA then I am certain she will make the most of whatever is left of it.
Read the article here: In Fight Over Credit Rules, She Wields a Plan. By Michael Kranish. 11/3/09
URL: http://www.boston.com/news/nation/washington/articles/2009/11/03/in_battle_over_credit_abuses_warren_wields_a_plan/?page=full
Stop PHH Mortgage 