- WIB PH
Analysts said personally attacking the de facto head of the Consumer Financial Protection Bureau is a smart political strategy for the GOP — but also, strangely, helps the Democrats.
May 27 -
Senate Republicans are urging the House to use a procedural maneuver to block President Obama's recess appointment powers for the remainder of his term.
May 26 - WIB PH
The atmosphere at a House hearing reflected how polarizing a figure Elizabeth Warren has become, being portrayed either as a symbol of overreaching government or a defender of the consumer.
May 24 -
Republicans are strongly considering using a rare procedural move to prevent President Obama from making a recess appointment to install a director of the Consumer Financial Protection Bureau.
May 6
WASHINGTON — The chairman of the House Oversight Committee is calling Elizabeth Warren back to the Hill for a second hearing following a dispute with a subcommittee chairman last week.
Warren, the de facto head of the Consumer Financial Protection Bureau, said she had struck an agreement with committee staff to leave after an hour of testimony at a May 24 hearing. Rep. Patrick McHenry, the subcommittee chairman, adamantly denied it, but ultimately let Warren leave the hearing.
"In light of the inability of all members of the subcommittee to have an opportunity to ask you questions, and your unwillingness to provide direct and responsive answers to a number of important questions, the committee would like to further discuss your plans for the [CFPB], the design and funding of the agency, and the limited checks and balances that apply to it," Chairman Darrell Issa, R-N.Y., wrote in a
A spokeswoman for the CFPB said Warren was looking forward to the next hearing.
"As the former chair of the Congressional Oversight Panel, Professor Warren appreciates the importance of and value in checks and balances," said Jen Howard, a senior CFPB spokesperson. "She has had nearly 100 one-on-one conversations with members of Congress and submitted detailed written testimony about the CFPB each time she has testified."
Issa said he is willing to work with Warren to accommodate her schedule and find a mutually agreeable date. But he said he expects her to clear her schedule for the full day of the hearing, and to remain until all members have had all of their questions answered.
