michael barr

Elizabeth Warren vs. Timothy Geithner: A Big Decision for Obama

Is Treasury Secretary Timothy Geithner, the onetime president of the New York Federal Reserve, trying to freeze out Elizabeth Warren, the most popular and effective economic populist in Democratic circles? No sooner had President Obama and his congressional Democrats achieved victory in passing Wall Street reform legislation last week when an internal catfight broke out over who would lead the new Bureau of Consumer Financial Protection created by the bill. The Wall Street reform package is a mixed bag. Former Labor Secretary Robert Reich calls it "a mountain of legislative paper, a molehill ...

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