Summary

An Agency for the People. While in Los Angeles tending to her daughter, who was pregnant with her third child, Warren learned that she had been chosen to lead the new consumer agency.

A Cheerleader? Despite strong support for Warren as the director of the CFPB, there was a great deal of opposition. There were even suggestions that Warren become something of a cheerleader of the new agency while someone else made the real decisions.

A Meeting in the Oval Office. Warren met with President Obama. He told her he could not appoint her to be directorship of the new agency because she likely would not survive confirmation in the Congress. However, he asked her if she would be willing to take an unnamed interim position with the agency. She never agreed and he never came up with another solution.

What’s at Stake...