TRANSPARENCYandACCOUNTABILITY.ORG, “IT's OUR TURN”

20
Jul

As the financial reform legislation makes it’s way to President Obama’s desk for his signature, the position for head  of financial Consumer Protection  is available.

Vermont Senator, Senator Bernie Sanders has endorsed Elizabeth Warren for this position (see below). As usual, Senator Bernie Sanders is once again right on with our views on how things in Washington should operate in the best interest of the We The People.

We have followed Ms. Warren’s work. Ms. Warren is bright, articulate and has a refreshing “tell it as she sees it” way of doing things. Let’s just hope the ways of Washington don’t change Ms. Warren – we don’t think it will.

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Sanders Urges President to Name Elizabeth

Warren to Head Consumer Protection Agency

WASHINGTON, July 20 – Sen. Bernie Sanders (I-Vt.) urged President Obama to pick Elizabeth Warren to be the first director of a new consumer protection bureau.

Obama on Wednesday plans to sign into law a bill overhauling financial regulations that would create the new Bureau of Consumer Financial Protection.

In a letter sent to the White House on Monday, Sanders wrote that “at a time when doubts about Wall Street and its practices run very deep … American consumers need a federal government that is looking after their best interests.”

Sanders acknowledged that some senators may oppose Warren. “Good!” he wrote. “It will allow for a serious debate as to the role that government should play in protecting the American people against the outrageous behavior we have seen on Wall Street.”

For a copy of the letter, click here.

Media Contact: Michael Briggs or Will Wiquist (202) 224-5141

Category : Editors' Stuff / The Economy

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