Groups use GOP threat on Consumer Bureau to make fresh push for Warren nomination

Peter Schroeder (The Hill)

May 6, 2011

“A Senate GOP vow to block any nominee to head the new Consumer Financial Protection Bureau (CFPB) seems to have re-ignited a push from consumer groups to call for CFPB architect Elizabeth Warren to be named to the position as soon as possible and by any means necessary. The consumer advocacy group Public Citizen said the GOP vow is simply a ploy to discredit the bureau before it goes live in July…. The group Americans for Financial Reform similarly called on the president to respond to the GOP threat by advancing Warren. ‘We urge the President to stand up to this bullying, to swiftly nominate Professor Warren to lead the Consumer Bureau, and to make a recess appointment if the Senate refuses to act,’ the group said in a statement.” Click here for more.