Elizabeth Warren has already hired over 100 people to man the Consumer Finance Protection Bureau. She has to hire another 700 - 900 by July. One sweet appointment she has made is a woman named Holly Petraeus. Ms Petraeus, who happens to be the wife of a general in the news, will head the Office of Servicemember Affairs, which is responsible for protecting military people from predatory lending. Ms Warren is also addressing the interests of the business community by hiring the current head of the Fed's consumer affairs division. The Chamber of Commerce is also adopting a "wait-and-see" posture.
A good start!
A good start!
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