Home > 2011 > Personal Finance > Mulling Senate Run, Warren Keeps Pressure on Consumer Bureau

Mulling Senate Run, Warren Keeps Pressure on Consumer Bureau

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Elizabeth Warren may have returned home to Massachusetts, but that doesn’t mean she’s given up trying to influence Washington. Warren, who created the idea for the Consumer Financial Protection Bureau and who for months was considered the leading candidate to lead the new agency, is circulating a petition to gather support for the actual nominee, Richard Cordray.

[Related article: Senate Stalemate Keeps Consumer Protection Bureau Leaderless]

Warren is considering a campaign for Senate, and the appeal appears on the homepage of Warren’s exploratory committee. After months in which she tried to moderate her sometimes barnstorming, acerbic style and gain bipartisan support for the bureau, the plea is a return to form.

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“The big banks and their army of lobbyists couldn’t stop the creation of a new Consumer Financial Protection Bureau (CFPB), so now they are trying to undermine its work, enlisting their Republican friends on the Senate Banking Committee to stop the nomination of Richard Cordray to lead the agency—just to try to slow up the agency from doing its work,” Warren writes on her web site.  ”It’s outrageous—and we’ve got to hold them accountable.”

Warren hasn’t announced yet whether she will run, but by the partisan tone of her announcement we don’t expect to see her trying out for any more government bureaucrat jobs anytime soon.

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Image: Leader Nancy Pelosi’s Photostream, via Flickr.com

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