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Tuesday, November 03, 2009
Elizabeth Warren To Head Consumer Agency?
By Ronald D. Orol
MarketWatch Pulse
WASHINGTON - Elizabeth Warren, who heads a congressional oversight panel for a $700 billion bank bailout fund, may be the first head of a proposed Consumer Financial Protection Agency that she has been a long-time advocate of. House Financial Services Committee Chairman Barney Franke, D-Mass., said Tuesday that he would like Warren, a Harvard Law School professor, to head the agency that will be charged with overseeing mortgages and credit card products offered to consuemrs.
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