It’s one thing to block Elizabeth Warren from heading the new Consumer Financial Protection Bureau.
It’s quite another thing to deny in public, for the record, that any such blocking is going on (e.g., see this report; Michael Barr apparently said something quite similar today)...
Failing to appoint Elizabeth Warren would be the straw that breaks the camel’s back. It will go down in the history books as a turning point – downwards – for this administration.
---Simon Johnson, The Baseline Scenario, 7/16
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