Crotty Cogitation: Wall Street Can't Police Itself

Wednesday, July 21, 2010

Wall Street Can't Police Itself

Last week Congress passed a Wall Street reform bill that created a new federal agency in charge of protecting consumers. The agency was an idea that came from Elizabeth Warren--a Harvard professor and consumer advocate. And she's the best person to head it up.

But Wall Street bankers, Republicans and some in the Treasury Department don't want her in the top post. So I signed a petition telling President Obama and Congress that voters want a tough advocate on our side--and we want Warren to head the Consumer Financial Protection Bureau.

Can you join me at this link? (You can see a clip of her on the Daily Show there too):

http://pol.moveon.org/warren/?r_by=21938-1847710-xdbJK_x&rc=paste

Thanks!

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