Obama to name Warren to new post

President Obama will name Elizabeth Warren as a White House advisor to oversee creation of the new Consumer Financial Protection Bureau. Law professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law, expresses his opinion on the appointment.

“It is regrettable that President Obama has chosen to launch the new Consumer Financial Protection Bureau, a law enforcement agency, by end-running the U.S. Senate and the very law that created the agency. This is not an auspicious beginning.”

Contact Cornelius Hurley, 617-353-5427, ckhurley@bu.edu, or on Twitter @ckhurley

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