Elizabeth Warren has been a hot topic on both Capital Hill and Wall Street, as many are waiting to see whether she will be appointed as the head of the new Consumer Protection Agency.
The New York Times has written an editorial supporting her nomination. Meanwhile, more Democratic Senators are lining up to support her. Meanwhile, Warren is reaching out to some Republicans and lobbyists.
Chris Dodd has expressed concern over whether she can be confirmed, but many liberals argue that a fight with Wall Street supporters would help the administration heading into the midterm elections and would help fire up the liberal base.
We think this is a no-brainer for Obama – appoint her already!
