To: steve harris who wrote (763750 ) 1/14/2014 11:24:07 AM From: koan Respond to of 1573423 What makes you think she did not do a good job. What did she do that was bad that was within her power!en.wikipedia.org TARP oversightOn November 14, 2008, Warren was appointed by United States Senate Majority Leader Harry Reid to chair the five-member Congressional Oversight Panel created to oversee the implementation of the Emergency Economic Stabilization Act . [30] The Panel released monthly oversight reports that evaluated the government bailout and related programs. [31] During Warren's tenure, these reports covered foreclosure mitigation, consumer and small business lending, commercial real estate, AIG , bank stress tests, the impact of the Troubled Asset Relief Program (TARP) on the financial markets, government guarantees, the automotive industry, and other topics. [a] Warren stands next to President Barack Obama as he announces the nomination of Richard Cordray as the first director of the CFPB , July 2011 CFPBWarren was an early advocate for the creation of a new Consumer Financial Protection Bureau (CFPB). The bureau was established by the Dodd–Frank Wall Street Reform and Consumer Protection Act signed into law by President Obama in July 2010. In anticipation of the agency's formal opening, for the first year after the bill's signing, Warren worked on implementation of the bureau as a special assistant to the president . While liberal groups and consumer advocacy groups pushed for Obama to nominate Warren as the agency's permanent director, Warren was strongly opposed by financial institutions and by Republican members of Congress who believed Warren would be an overly zealous regulator. [32] [33] [34] Reportedly convinced that Warren could not win Senate confirmation as the bureau's first director, [35] Obama turned to former Ohio Attorney General Richard Cordray and in January 2012, over the objections of Republican Senators, appointed Cordray to the post in a recess appointment. [36] [37]