President Obama: Are you nuts?

RSN posts:  Bloomberg Reports: Obama Eliminates Elizabeth Warren

By Mike Dorning and Carter Dougherty, Bloomberg News
16 July 11

Consumer Financial Protection Bureau head Elizabeth Warren testifies on Capitol Hill before the House Financial Institutions and Consumer Credit subcommittee. (photo: Harry Hamburg/AP)

Bloomberg is reporting that President Obama has eliminated Elizabeth Warren as a candidate to head the Consumer Financial Protection Bureau. The story has not been confirmed by the White House. The sources are “persons” and the information at this writing has not been verified. Due to the gravity of the confirmation decision, and our readers’ interest in the story, we have decided to publish the article while we wait for further confirmation. — CW/RSN

resident Barack Obama has chosen a candidate other than Elizabeth Warren as director of the new Consumer Financial Protection Bureau, according to a person briefed on the matter. Continue reading