Larry Summers

A bit on the new consumer protection agency +++ FinReg with Thom Hartmann and Matt Taibi

Over at My Left Nutmeg the Working Families Party is gunning to get Senator Chris Dodd to do the right thing and push for a vote on Elizabeth Warren for the new consumer protection agency (CPA):


The crucial test - who Obama picks for Treasury Secretary

Who Obama picks as a Treasury Secretary is going to tell us just about all we need to know about how far Obama is willing to break with the unfortunately named “neo-liberal” economic policies of free markets and free trade that have dominated U.S. economic policy since Ronald Reagan – including even under Bill Clinton. Through most of today, there was a diary on the recommended list on DailyKos, Summers' call for poisoning Developing World?, on the news today that Summers was at the top of Obama’s list for filling the cabinet post of Secretary of the Treasury. The resulting Dailykos thread quickly turned into a discussion of who might be an acceptable Treasury Secretary. Unfortunately, scanning that thread, it appears to me not many people understand that this is the most important fight Obama can undertake right now.