Elizabeth Warren’s fight for financial reform

Source: Katie Benner, CNNMoney

Elizabeth Warren, who came to Washington in 2008 with the task of keeping tabs on the financial bailout, today faces the unthinkable: business as usual for the Wall Street firms whose dealings plunged the country into the most severe recession in almost 80 years.

The Harvard law professor and plainspoken voice of financial reform and consumer protection was asking politicians to level the playing field between Main Street and the banking industry even before Lehman Brothers fell. When Harry Reid appointed her head of the Congressional Oversight Panel two years ago, it furthered her reach in D.C. and gave her more opportunity to whip up support for a new Consumer Financial Protection Agency.

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Tags/Keywords

money, credit cards, credit, debt, mortgage, financial, consumer protection, headlines, regulation, rules, reform

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