{"id":6425,"date":"2010-07-20T12:30:07","date_gmt":"2010-07-20T16:30:07","guid":{"rendered":"http:\/\/blogs-devl.bu.edu\/bunow\/?p=6425"},"modified":"2011-01-20T11:34:59","modified_gmt":"2011-01-20T16:34:59","slug":"the-consumer-watchdog-fight","status":"publish","type":"post","link":"https:\/\/blogs-devl.bu.edu\/bunow\/2010\/07\/20\/the-consumer-watchdog-fight\/","title":{"rendered":"The consumer &#8220;watchdog&#8221; fight"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignleft size-thumbnail wp-image-6426\" src=\"http:\/\/blogs-devl.bu.edu\/bunow\/files\/2010\/07\/wallet-150x150.jpg\" alt=\"wallet\" width=\"105\" height=\"105\" \/>A battle is brewing over who President Obama should <a title=\"nominate\" href=\"http:\/\/voices.washingtonpost.com\/ezra-klein\/2010\/07\/the_case_against_elizabeth_war.html\" target=\"_blank\">nominate<\/a> as the new consumer &#8220;watchdog&#8221; under the new financial regulatory reform law\u00a0after he signs it.\u00a0 Consumer advocates and activist groups are pressing him to tap outspoken Harvard Law Professor Elizabeth Warren, who now chairs the congressional panel overseeing the federal bailout of the nation&#8217;s banks.\u00a0 Others feel she may not be able to get confirmed by the Senate.\u00a0 BU Law Professor <a title=\"Cornelius Hurley\" href=\"http:\/\/www.bu.edu\/law\/faculty\/profiles\/bios\/banking\/hurley.html\" target=\"_blank\">Cornelius Hurley<\/a>, director of the <a title=\"Morin Center for Banking and Financial Law\" href=\"http:\/\/www.bu.edu\/law\/morincenter\/\" target=\"_blank\">Morin Center for Banking and Financial Law <\/a>and a former counsel to the Federal Reserve Board of Governors, notes that the new Bureau of Consumer Financial Protection\u00a0will be\u00a0a massive managerial undertaking with a $500 million budget and hundreds of employees.<\/p>\n<p><em>&#8220;Its head should be someone who, in addition to sound policy instincts, has a proven record of managerial accomplishment.\u00a0 A polarizing choice will dim the chances of the bureau carrying out its mission effectively.\u201d<\/em><\/p>\n<p>Contact Cornelius Hurley, 617-353-5427, <a href=\"mailto:ckhurley@bu.edu\">ckhurley@bu.edu<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A battle is brewing over who President Obama should nominate as the new consumer &#8220;watchdog&#8221; under the new financial regulatory reform law\u00a0after he signs it.\u00a0 Consumer advocates and activist groups are pressing him to tap outspoken Harvard Law Professor Elizabeth Warren, who now chairs the congressional panel overseeing the federal bailout of the nation&#8217;s banks.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":114,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4491],"tags":[3382,3383,3384,1286],"_links":{"self":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/6425"}],"collection":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/users\/114"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/comments?post=6425"}],"version-history":[{"count":5,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/6425\/revisions"}],"predecessor-version":[{"id":6430,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/6425\/revisions\/6430"}],"wp:attachment":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/media?parent=6425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/categories?post=6425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/tags?post=6425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}