Today Elizabeth Warren is in California talking about the special role technology will play in the Consumer Financial Protection Bureau, according to a blogpost on the White House website. Warren touts that she was asked by the president “to get to work starting the new Consumer Financial Protection Bureau. He was clear about his goal: Level the playing field for American families and fix the broken consumer credit market—and do it as quickly and effectively as possible.”
That’s the goal of CFPB — but what is Warren’s role? The White House has refused to appoint Warren as interim director of the Bureau, even though the legislation creating the agency requires a Senate-confirmed director to begin the process of forming it. Well, for now, she’s in “California to continue conversations with families, financial industry leaders, consumer advocates, and others about the challenges and opportunities of setting up the new agency.” Sounds an awful like… being the director.
