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Rumors Swirl Around Warren as She Drops Class

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WASHINGTON — The speculation over whether Harvard professor Elizabeth Warren will be nominated as director of the Consumer Financial Protection Bureau refuses to die.

Several media outlets reported Thursday that Harvard students were notified that when classes resume next week, Warren will not be teaching her contract law class.

"Professor Warren regrets that she will not be able to teach you this fall and we regret the last minute change," said an e-mail from the school obtained by The Washington Post.

The disclosure fueled rumors that Warren would be nominated for the CFPB post soon, although White House spokesman Robert Gibbs said no such announcement was expected this week.

A spokesman for Warren declined to comment.

Warren has long been the front runner for the job since she originally conceived of the agency three years ago. Consumer groups have fiercely lobbied the White House on the pick, and the campaign recently included a rap video in her honor.

It’s unclear if Warren’s decision not to teach the law class is related to the CFPB pick, but she could be positioning herself to be free if the Obama administration does choose her. But Warren has had no trouble teaching classes and serving as chairman of the Troubled Asset Relief Program’s Congressional Oversight Panel, a post she has held since last year.


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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover
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