11/15/2010 05:12 am ET Updated May 25, 2011

Obama To Tap Elizabeth Warren For Treasury-Consumer Financial Protection Agency Post

President Obama will announce this week that Elizabeth Warren, the Harvard Law School professor who first proposed the Consumer Financial Protection Bureau, will be named to a special position reporting to both him and to the Treasury Department and tasked with heading the effort to get the new federal agency standing, a knowledgeable Democrat told ABC News.

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