Bloomberg News is reporting as of Friday evening that President Obama has chosen somebody other than Elizabeth Warren to be nominated as director of the Consumer Financial Protection Bureau.[...]
In September, the president selected her to oversee the agency's development, a position that does not require Congressional confirmation.
[...]
According to the report, which is based on an anonymous source, an unidentified individual who already works at the agency will be nominated instead.
Of course. Warren has a social conscience. Oh, and…
Congressional Republicans have opposed Warren's appointment to the director's post since last year.
Wouldn't want to upset his friends.
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