Obama agenda: Financial reform signed into law

The New York Times: ‘President Obama signed a sweeping expansion of federal financial regulation on Wednesday, signaling perhaps the Democrats’ last major legislative victory before the midterm elections in November, which could recast the Congressional landscape.”

“Harvard Law School professor Elizabeth Warren, whose rise to prominence has been fueled partly by her proposal for a federal consumer protection bureau, now is at the center of a political fight over whether President Obama should nominate her to run the powerful regulatory body,” the Boston Globe writes, adding: “That has prompted an uprising among Warren’s legion of supporters, many of whom have come to know her from her appearances on newscasts, ‘The Daily Show With Jon Stewart,’ and in a Michael Moore documentary about capitalism. The possibility that Warren might be passed over for the job has prompted her backers to launch a lobbying campaign that had gained more than 160,000 online signatures this week.”

The Washington Post notes how the Obama White House is besting the U.S. Chamber of Commerce.

Discuss this post

Elizabeth Warren you're our only hope! Elizabeth Warren is truly a gifted intelligent caring lady who should be doing more than toting up the cost of TARP, she should be welcomed by all consumers as their protector against the Wall Street Banking Thieves. Actually she should replace Tiny Tim Geithner as Secretary of the Treasury or even better Bonehead Ben Bernanke as Federal Reserve Chairman. Really disgusting that the Braindead Beckerhead crowd is attacking her, but they've been fooled by the Wall Street Thieves into thinking she would not protect them thanks to the lies of Fox and Freaks.

Don't forget that Elizabeth has also been on Stephen Colbert's show several times. Yep the sophisticated crowd who watches the Daily Show and Colbert Report know this fine lady knows her stuf and has our backs as consumers.

  • 1 vote
Reply#1 - Thu Jul 22, 2010 9:30 AM EDT

Elizabeth Warren has my vote. I also watch Jon Stewart for my news and enjoy her interviews with him.

    Reply#2 - Thu Jul 22, 2010 9:56 AM EDT

    Fascinating. A bill that helps rein in the worst excess of Wall Street, and is designed to help mitigate a future disaster like the one that still is affecting our economy, and the media is talking about Andrew Dimbart, and his obviously race-baiting, cleverly edited video.

    This bill signing should be a HUGE story, as it is a victory for 99% of Americans, and yet what's that sound?

    Crickets.

    Sad.

      Reply#3 - Thu Jul 22, 2010 12:01 PM EDT

      The Dodd-Frank Financial Reform Act??? Doesn't make any sense to me at all. The two guys and especially Frank, with Freddie and Fannie and that started this whole damn thing and Dodd (who by the way has never had a job other than the public teat) and his underdealings and this bill is named after them??? Only in America?

        Reply#4 - Thu Jul 22, 2010 12:47 PM EDT
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