posted June 04, 2011 08:24 PM
...the woman is a lawyer, an academic, a Harvard professor. She hails from Oklahoma Sooner stock, speaks lovingly of her grandkids and would rather not be doing battle in D.C. But Warren is, from the bottom of her wide-open heart, a populist. Plain-spoken and infinitely patient, she has gone up against the whole of the GOP in order to protect the average citizen from the small print of credit card companies and the surcharges of deceitful banks. Adept at decoding financial-speak into plain English we all understand, she advocates common sense, reasonable profit and simple banking practice, while scaring the crap out of Wall Street.
Warren is a member of the FDIC's Committee on Economic Inclusion and the Executive Council of the National Bankruptcy Conference. She is the former Vice-President of the American Law Institute and a member of the American Academy of Arts and Sciences. She served as the Chief Adviser to the National Bankruptcy Review Commission.
....Warren conceived the Consumer Financial Protection Bureau in response to the extraordinary abuses by Wall Street over the last decade that victimized consumers and nearly collapsed our economy. She has set up the new bureau with competence and dignity – and is the single best choice to permanently lead it.
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