Consumer Protection Financial Bureau

(Newser) - Elizabeth Warren is officially out at the Consumer Financial Protection Bureau: President Obama will tomorrow instead nominate former Ohio AG Richard Cordray to lead the agency, reports the Columbus Dispatch. Cordray is currently the bureau's enforcement director, and Obama will likely dodge the Senate dogfight that would have...

(Newser) - Longtime Wall Street critic Elizabeth Warren will not head the new consumer watchdog group she has helped create , reports Bloomberg . President Obama next week will appoint someone else to be the first director of the Consumer Protection Financial Bureau, which officially opens for business on Thursday. (The Wall Street Journal...

(Newser) - The mutual animosity between House Republicans and White House adviser Elizabeth Warren was on full display today during a testy congressional hearing on the new consumer protection bureau she is working to get running. Rep. Patrick McHenry accused Warren of overstepping authority and misleading Congress about it (she said he...