BREAKING NEWS: Huffington Post reports that on the very day the Senate passed Wall Street reform and created a Consumer Financial Protection Bureau, Treasury Sec. Tim Geithner is urging President Obama NOT to appoint the most credible person as its leader: Elizabeth Warren.
The Consumer Financial Protection Bureau, as Ezra Klein explains, is "a huge deal, with the potential to become as important to consumers as the Food and Drug [Administration]", so it's vital we appoint a strong watchdog to lead it. Click here to tell President Obama to appoint Elizabeth Warren.
As a Harvard professor, her credentials are impeccable. And she was the one who came up with the idea for the Consumer Financial Protection Bureau -- perhaps the best piece of this bill -- in the first place.
Warren is perfect for the position and most financial insiders have just assumed she would get it. That's why it's so outrageous that Geithner -- a longtime Wall Street insider -- would attempt to sabotage her appointment.
Sign our petition to President Obama in support of Elizabeth Warren today. Click here -- then tell your friends.
If we can get thousands of petition signatures by morning, the media will take notice and we can publicly shame Geithner. This is a moment that requires good people to fight back. (Cross-posted on Daily Kos)