Quantcast

Dodd-Frank Reform Watch
Sponsored by

CFPB's Architect Headed to the Senate: Will Warren Be a Humble Freshman or a Firebrand?

Print
Email
Reprints
Comment
Twitter
LinkedIn
Facebook
Google+
Partner Insights

Will Massachusetts’ newly elected Senator, Elizabeth Warren, get on the Banking Committee? Will she thwart efforts to modify the Dodd-Frank? Republicans and the financial industry executives are anxious to know.

"Some argue that Warren will be less outspoken and more conciliatory once in the Senate,"  writes American Banker’s Victoria Finkle.

"The Senate is the Senate, and it doesn't change its folkways and customs for anyone. Was Hillary Clinton handed the key to the Senate treasure, even though she was one of the two or three best known senators instantly in 2001? Not a chance," said Larry Sabato of the Center for Politics at the University of Virginia.

Other industry observers predict she’ll come out in full force:

"She's not the first consumer advocate out there, but how many other advocates out there have put together such a powerful political machine?" said Edward Mills of FBR Capital Markets. "People are concerned that she would certainly be a firewall against changes to the CFPB – it's her baby."

For the full piece see "Warren Wins Senate Seat; Likely to Play Key Role on Banking Issues" (may require subscription).

 

JOIN THE DISCUSSION

SEE MORE IN

'I Want a Tom O'Brien Action Figure Doll': Comments of the Week

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.

(Image: Bloomberg News)

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.

About

As Dodd-Frank's impact continues to be felt far beyond banks' compliance departments, American Banker is your eyes and ears. In addition to our award-winning coverage, we now also scour a range of resources to aggregate even more of the news you need on this vital topic.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.