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13 May, 2014

Warren appointed ‘Consumer Czar

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Obama names Harvard law professor Elizabeth Warren to oversee the creation of a new consumer financial protection bureau.

She is one of the country’s fiercest advocates for the middle class. She will oversee all aspects of the bureau’s creation and play a pivotal role in picking her successor.

The decision to name Warren to this temporary job is widely seen as a compromise aimed at avoiding a potentially bruising Senate confirmation.

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