There is speculation that President Obama may soon appoint Professor Elizabeth Warren as CFPB Director, bypassing the Senate and their confirmation process.  This possibility has been covered by major news sources around the country, as you can see below.

• American Banker – White House Considers Naming Warren ‘Interim’ CFPB Head
• NY Times – Consumer Candidate May Avoid a Vote
• Boston Globe: Obama Should Appoint Warren as Interim Consumer Chief
• Washington Post: Obama Grapples with how to involve controversial professor in consumer agency