President names Warren special assistant on CFPB
President Obama has named Harvard Law Professor Elizabeth Warren Special Assistant to the President and Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau. The appointment gives her the opportunity to immediately begin setting up the new office, which will reside within the Federal Reserve. At some point, the president still needs to appoint the office’s first director, a five-year position which will require Senate confirmation. Sen. Christopher Dodd, head of the Banking Committee, commented earlier that he doubted the . . .
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