Will the president name the indisputably best leader -- Elizabeth Warren -- to head the Consumer Financial Protection Bureau, the agency that she conceived, championed and constructed? This is not a high bar. In fact, the choice couldn't be easier.
Pressure is growing for the president to make a "recess appointment" of Elizabeth Warren to head the Consumer Financial Protection Bureau. This would make sense politically, but what matters a lot more is that it would also be an excellent move for the country.
The attempt by the GOP to derail the Consumer Financial Protection Bureau weeks before it opens its doors is quite remarkable. If the GOP proposals are translated into plain English, you can get the real picture of what they want.
A proper Senate confirmation hearing for Elizabeth Warren would allow her to explain in clear terms how "too big to fail" banks are are now involved in a hugely dangerous government subsidy scheme that presents a serious, nontransparent threat to consumers.
The one result that running a regulatory agency by committee can guarantee is that it will be slower and less efficient. CFPB is supposed to be a cop on the beat, and there's a reason beat cops don't work by committee.