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Did Obama hint he's going to appoint Elizabeth Warren?

OPINION | One interesting nugget from Obama's presser: He seemed to hint strongly that he is leaning towards appointing Elizabeth Warren as his key Wall Street consumer cop, which would throw a big bone to liberals who strongly support her and want to see Obama take a stand on something they care about.

The left has mounted a campaign to get Warren appointed as head of the newly created Consumer Financial Protection Bureau, which is central to the success of one of Obama's main achievements, the Wall Street reform bill, on the grounds that she's a highly qualified, very aggressive advocate.

Obama was careful to say that no decisions have been made. But he indicated that an announcement is coming, and if you read between the lines of what he said, it sure sounded like a strong hint that he's leaning towards picking her:

The idea for this agency was Elizabeth Warren's. She's a dear friend of mine. She's somebody I've known since I was in law school. And I have been in conversations with her. She is a tremendous advocate for this idea. his is a big task standing up this entire agency. So I'll have an announcement soon about how we're going to move forward.
I have had conversations with Elizabeth over these last couple of months. But I'm not going to make an official announcement until it's ready.

For the full blog post, see Greg Sargent's The Plum Line.

By Washington Post editors  |  September 10, 2010; 2:48 PM ET
Categories:  Consumer Financial Protection Bureau  
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Comments

Mr. President, why don't you address mortgage fraud which caused billions of dollors loss for the Americans? Why not hold Wells Fargo accountable for making mortgage loan based on hugely inflated appraisal?

How many jobs have to be created and how hard taxpayers have to work in order to fill up the deep hole mortgage fraud has created for the society? Bottom line, where is justice when the largest mortgage lender Wells Fargo is foreclosing home based on fraudulent loan and hugely inflated appraisal. Isn't it prosecutable crime that majority of State Attorney
General's offices are prosecuting?
Where is HOPE for homeowners? Is it too much to expect that Wells Fargo, the largest mortgage lender in US not to defraud homeowners like us by making fraudulent loan and foreclosing home based on hugely inflated appraisal?
www.wellsfargomortgagefraud.com

Posted by: Anonymous | September 10, 2010 4:17 PM | Report abuse

Appoint Elizabeth Warren as soon as possible. Without her as the head of the new created consumer protection agency, the agency will be a ship without a rudder. She is the only one who can utilze the agency's powers to stop the crooks on wallstreet that stole trillions of taxpayers money.

Posted by: Anonymous | September 11, 2010 12:45 AM | Report abuse

Appoint Elizabeth Warren as soon as possible. Without her as the head of the new created consumer protection agency, the agency will be a ship without a rudder. She is the only one who can utilze the agency's powers to stop the crooks on wallstreet that stole trillions of taxpayers money.

Posted by: Anonymous | September 11, 2010 12:46 AM | Report abuse

Hey, that vetting process is brutal on Democrats, who've proven they don't pay their taxes!
Wasn't Elzabeth Warren the person who insisted ObamaCare would not increase our health insurance?
If so, beware of this woman, because even government reports are now admitting what we all knew: our health insurance Will Increase, due to Obamacare!

Posted by: ohioan | September 11, 2010 10:56 AM | Report abuse

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