Dodd Pushing FDIC Chair Sheila Bair To Run Consumer Financial Protection Bureau

First Posted: 7/31/10 Updated: 5/25/11

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Chris Dodd , Chris Dodd Sheila Bair , Consumer Financial Protection Agency , Consumer Financial Protection Bureau , Dodd Bair , Eliabeth Warren , Sheila Bair , Sheila Bair Cfpb , Chris Dodd Cfpb , Chris Dodd Consumer Financial Protection Agency , Consumer Protection , Business News

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Wall Street Journal:

Sen. Christopher Dodd approached Federal Deposit Insurance Corp. Chairman Sheila Bair in recent days to gauge whether she would be interested in running the new consumer-protection agency, according to people familiar with the matter.

The chairman of the Senate Banking Committee's behind-the-scenes courtship of Ms. Bair suggests he is trying to find a nominee who might win favor in the Senate. It will be Mr. Dodd's job to move the nominee through a preliminary vote on his committee and then defend the person's record on the Senate floor.

Read the whole story: Wall Street Journal

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