Simon Johnson writes on The Baseline Scenario about the possibility of President Obama immediately appointing Elizabeth Warren to run the CFPB, and her qualifications for this position. He says:
Elizabeth Warren’s credentials are impeccable – she came up with the original idea for the CFPB, she pushed effectively for it to become legislation, and she has proved most effective in her oversight role as chair of the Congressional Oversight Panel (COP) for the Troubled Asset Relief Program. And her manifesto for the CFPB is sensible and actually pro-business – although she naturally opposes the specific ways in which big banks mistreat people.