Blame Elizabeth Warren for a CFPB dominated by Trump

Published September 23, 2019 3:23pm ET



Elizabeth Warren has attempted to sell herself as the candidate of a plethora of plans in the presidential primary. But look a bit closer at her career, and you’ll understand how half-baked her ideas tend to be. The Massachusetts Senator is solely responsible for handing President Trump an unconstitutional and unaccountable agency responsible for meddling across the financial industry.

Back when she was still a bankruptcy law professor at Harvard, Warren proposed what would become the Consumer Financial Protection Bureau in the aftermath of the Great Recession. President Barack Obama named her his special adviser as his administration worked to set up the agency, but given the vehement opposition of Republicans to the CFPB’s structure in the first place, Obama appointed Richard Cordray as the first director rather than Warren.

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