Elizabeth Warren is ready to defend consumer agency
WASHINGTON — Elizabeth Warren, then a Harvard Law professor, led the charge in 2010 to create a new government watchdog to protect consumers from Wall Street predation. A strong, independent agency was her first choice, she said at the time. “My second choice is no agency at all and plenty of blood and teeth left on the floor.”
Six years later, Warren and like-minded forces are girding themselves for Round Two, as newly empowered Republicans prepare to kill or gut Warren’s most tangible government accomplishment, the Consumer Financial Protection Bureau. There’s a good chance blood and teeth will be shed before its all over.
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