Elizabeth Warren Is Leaving the CFPB August 1

Getty
Adam Clark Estes 516 Views Jul 26, 2011

Elizabeth Warren is stepping down from her role building out the Consumer Financial Protection Board (CFPB). The Treasury Department announced Tuesday that Warren will turn over her responsibilities as Assistant to the President and Special Advisor to the Secretary of Treasury on the CFPB to her close aide Rajeev Date on August 1, when she'll head back to her teaching post at Harvard Law School. Many who have followed Warren's integral role in revamping the financial regulatory system were surprised last week when President Obama nominated former Ohio attorney general Richard Cordray rather than Warren to be director of the CFPB. Meanwhile, those same supporters are calling on Warren to run for Senate. It's so far unclear exactly what her plans are.

Want to add to this story? Let us know in comments. You can share ideas for stories on the Open Wire.

Related Articles   More by Adam Clark Estes

Paging Senator Warren: The Case for Her Campaign

A Week Away, the Election's Still Unclear

Elizabeth Warren: A One Percenter in Denial

 

Amazon Is Reportedly Building a 3D Smartphone You Can Control with Your Eyeballs

New Details About North Korea's American Prisoner Are Appropriately Crazy

Elsewhere on the Web

User Comments

Please type your comment and click Post. If you’re not already logged in you will be prompted to log in or register

  • The Atlantic Wire on Twitter
  • The Atlantic Wire RSS Feed
  • The Atlantic Wire iPhone App