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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction

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To: mph who wrote (81538)9/18/2010 8:55:10 AM
From: Peter Dierks3 Recommendations  Read Replies (1) of 90947
 
Elizabeth III
Obama to Senate: Stick that in your advice and consent clause
SEPTEMBER 18, 2010.

Whatever else can be said about this White House, it isn't afraid to poke a stick in the eye of its critics. How else to explain President Obama's decision Friday to put Elizabeth Warren in charge of the new Consumer Financial Protection Bureau while avoiding Senate confirmation and, for that matter, any political supervision.

The chutzpah here is something to behold. The pride of Harvard Law School, Ms. Warren is a hero to the political left for proposing a new bureaucracy to micromanage the services that banks can offer consumers. But she is also so politically controversial that no less a liberal lion than Connecticut Senator Chris Dodd has warned the White House that she probably isn't confirmable. A President with more political and Constitutional scruple would have nominated someone else. Mr. Obama's choice is to appoint her anyway and dare the Senate to do something about it.

The plan is for Ms. Warren to run the new bureau from an office at the Treasury Department. Instead of calling her the "Director" of the bureau—the statutory title for the organization's boss—Mr. Obama has appointed her an "assistant" to him and a special adviser to Treasury Secretary Timothy Geithner.

Mr. Geithner's supervision will be pro forma, however, because Ms. Warren rolled over him during the financial reform debate and has her own pipeline to the Oval Office. The President emphasized that Ms. Warren will enjoy "direct access" to him and said she would oversee all aspects of the creation of the new agency, including staffing and policy planning. For all intents and purposes, Ms. Warren will be Treasury Secretary for all consumer lending.

We would have thought a Harvard law professor would object to the extra-legality of this arrangement, but then this is also the crew that gave us ObamaCare via budget reconciliation and put Donald Berwick in charge of Medicare without a Senate debate. Remind us again why the tea party critique of Obama governance is crazy.

The new bureau was already destined to be a bureaucratic rogue. When Members of Congress objected to ...

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