Congratulations and Good Luck to Elizabeth Warren

I’m cautiously optimistic with the dual appointment of Elizabeth Warren to be Assistant to the President to work at Treasury to set up the Consumer Financial Protection Board.

Frankly, no one knows what this appointment will mean in practice except perhaps Obama, Warren, and Timmeh Geithner. And no one knows how well Warren will negotiate the inevitable bureaucratic battles ahead, particularly with whoever replaces Rahm.

But I’m optimistic for two reasons. First, I have a lot of trust in Warren herself. She’s proven her ability to surprise her opponents in bureaucratic battles thus far. I also suspect (though don’t know for a fact) that she negotiated the Assistant to the President position as protection against anything Timmeh and Larry Summers might try. She seems to have demanded certain things with this nomination. And gotten them. And–as DDay linked earlier–she has expressed confidence that this is a win.

The President asked me, and I enthusiastically agreed, to serve as an Assistant to the President and Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau. He has also asked me to take on the job to get the new CFPB started—right now. The President and I are committed to the same vision on CFPB, and I am confident that I will have the tools I need to get the job done. [my emphasis]

So given the respect I have for Warren, I take her at her word that she will have the power to make of CFPB what it needs to be.

The other reason I’m cautiously optimistic is because the Chamber of Commerce is screaming like a stuck pig over these developments. Which, in my book, is generally a sign that something good has happened.

All that said, the appointment of Warren just means that both the White House and activists have more work to do. For the White House, not only do they need to fulfill whatever promises they made to Warren. Just as importantly, though, if they don’t actually use the fact that they finally have someone who can speak for and to the middle class (without the kind of gaffes that Joe Biden inevitably makes) to their advantage they will be really hurting themselves. Is Warren booked for the Sunday shows this weekend? If not, why not?

As for the rest of us, one of the reasons I think Warren was successful in negotiating what she sees as a successful resolution to this position is because her broad support was very clear to the White House. A wide group of people made it clear that Warren was the only acceptable candidate for this position.

If we get complacent, it’ll be a lot harder for Warren to do what she’d like to do with the position.

Progressives finally won something from this Administration. Maybe. But we’re only going to be able to keep it if we continue to make noise.

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bmaz @ryanjreilly @johnson_carrie Wait...that is new and not an old snippet? So Wilson at no time made any connection at all to Cigarello theft?
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emptywheel @UrbanAchievr Ut oh! Backed into the illogic of your position it is made clear how perfectly you exemplify point in post!
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emptywheel @UrbanAchievr I didn't just ask abt withdrawal. Your claim suggested we had to imprison EVERY SINGLE PERSON who opposed US oocupation.
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emptywheel @UrbanAchievr From that you're suggesting US should still be an occupying power imprisoning every single person who ever opposed occupation?
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emptywheel @UrbanAchievr And I did not say "they're mad at US." You do realize al-Baghdadi was in US prison in Iraq?
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emptywheel @UrbanAchievr You're apparently unfamiliar with the way rape has long been used as a weapon of war. But your unfamiliarity w/a lot is clear.
31mreplyretweetfavorite
emptywheel @UrbanAchievr And, um. One reason ISIS is what ISIS is is because of ... our torture.
39mreplyretweetfavorite
emptywheel @UrbanAchievr Oh wait. You're the one ignoring all those casualties.
40mreplyretweetfavorite
emptywheel @UrbanAchievr You mean the 200,000 killed in Syria? The hundreds of thousands the US caused to be killed in Iraq?
41mreplyretweetfavorite
emptywheel @UrbanAchievr I DON'T however advocate doing things that will empower them, as our policy in Syria and Libya already has.
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emptywheel @UrbanAchievr LOL. If I write a piece abt how loathsome both sides are, comparing to CIvil War, what IS the logical conclusion?
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emptywheel @UrbanAchievr It does? Oh, wait. It doesn't. That's just you misreading again.
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