Wednesday, July 28, 2010

Elizabeth Warren Watch

With Wall Street and Congressional Republicans trying to scuttle the possible nomination of Elizabeth Warren as the director of the powerful new Consumer Financial Protection Bureau, there's growing speculation that the White House will announce its choice for the post in August, after Congress has adjourned for its summer recess, reports CNBC's Albert Bozzo.

The thinking is that with fewer Congressmen in Washington, there will be fewer Congressmen to bad mouth the Obama announcement.

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