12/13/2010 05:12 am ET Updated May 25, 2011

Dodd Backs Elizabeth Warren For Consumer Bureau -- With One Big Caveat

Mr. Dodd, speaking at New York University Law School's fourth annual Global Economic Policy Forum, said he would support Elizabeth Warren, above, the Harvard law professor who is setting up the new consumer bureau, if the White House nominates her to be its director. But he reiterated his view that Ms. Warren, a strong consumer advocate, would have trouble being confirmed because of opposition from Republicans and the financial industry.