Democratic lawmakers believe that Elizabeth Warren is simply “indispensable” and the only person who can bring back “balance” between Wall Street and Main Street. As The Huffington Post reports:
Democratic lawmakers are lining up to back the appointment of Elizabeth Warren to head the newly created Consumer Financial Protection Bureau. Sens. Tom Harkin (D-Iowa) and Bernie Sanders (I-Vt.) were joined by Rep. Jackie Speier, (D-Calif.) and other members on Thursday to voice their support and admiration for the Harvard professor and expert on economics and the middle class.
“In my living room with many members of congress, she predicted what was going to happen several years ago,” Rep. Rosa DeLauro (D-Conn) told reporters at the Capitol Thursday afternoon. “As she put it in 2007, consumers cannot buy a toaster that has a one in five chance of bursting into flames but they can enter into a mortgage that has the same one in five chance of putting them out onto the street.”