The Fundamental Bank vs. Middle Class Fault Line

It is obvious that Elizabeth Warren should head the Consumer Financial Protection Bureau. No less than our favorite NC nemesis, the staunch Administration defender Economics of Contempt, has said she is â??tailor madeâ? for the job. In the face of increasingly vocal bank opposition to the notion of an effective bank watchdog for consumers, sheâ??s done better than anyone anticipated. And despite the Republican bluster about using a pro forma session to keep the Senate in business to block a recess appointment, the Democrats could break that maneuver if they wanted to.