Elizabeth Warren<\/strong>\u00a0(born\u00a0Elizabeth Herring<\/strong>;[1]<\/sup>\u00a0June 22, 1949)[2]<\/sup>\u00a0is an\u00a0American\u00a0attorney, law professor, and\u00a0United States Senate\u00a0candidate. She served as\u00a0Assistant to the President\u00a0and Special Advisor to the\u00a0Secretary of the Treasury\u00a0for the\u00a0Consumer Financial Protection Bureau. She is also the Leo Gottlieb Professor of Law at\u00a0Harvard Law School, where she has taught\u00a0contract law,\u00a0bankruptcy, and\u00a0commercial law. In the wake of the\u00a02008-2011 financial crisis, she became the chair of the\u00a0Congressional Oversight Panel\u00a0created to oversee the U.S. banking bailout (formally known as the\u00a0Troubled Assets Relief Program). She long advocated for the creation of a new Consumer Financial Protection Bureau,[3]<\/sup>[4]<\/sup>\u00a0which was established by the\u00a0Dodd-Frank Wall Street Reform and Consumer Protection Act\u00a0signed into law by President Barack Obama on July 21, 2010. As the special advisor she worked on implementation of the CFPB.<\/p>\nOn May 24, 2010,\u00a0Time<\/em>\u00a0magazine called Warren,\u00a0Federal Deposit Insurance Corporation\u00a0Chairman\u00a0Sheila Bair, and\u00a0Securities and Exchange Commission\u00a0Chairman\u00a0Mary Schapiro\u00a0the “New Sheriffs of Wall Street” in a cover story.[5]<\/sup>\u00a0On September 17, 2010, she was named a special adviser by\u00a0President Obama\u00a0to oversee the development of the new Consumer Financial Protection Bureau. The position included the responsibility of recommending a director for this new entity. She was not chosen for the post, with Obama instead nominating\u00a0Richard Cordray, subject to Congressional approval.<\/p>\nOn September 14, 2011, she announced that she would be running for the Massachusetts\u00a0United States Senate\u00a0seat currently held by Republican\u00a0Scott Brown.[6]<\/sup><\/p><\/blockquote>\nGood luck to her in Massachusetts! You know we all need people more like her in office (and less like Scott Brown).<\/p>\n
Image Credit:\u00a0Congressional Oversight Panel<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
“You built a factory out there? Good for you. But I want to be clear: you moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn\u2019t have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did.<\/p>\n
“Now look, you built a factory and it turned into something terrific, or a great idea? God bless. Keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.”<\/p>\n","protected":false},"author":166,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[35],"tags":[11748,12140,22010,22019,22021,31280,37567],"spectra_custom_meta":{"_video_thumbnail":["http:\/\/planetsave.wpengine.com\/wp-content\/uploads\/2014\/07\/elizabeth-warren-slams-class-war.jpg"],"_rpuplugin_enabled":["yes"],"_oembed_4f4c82f84fe382574965bae89d81d3f6":[" <\/param> <\/param> <\/param><\/embed><\/object>"],"dsq_thread_id":["509578370"],"_oembed_2271eebd3d28ccaad57e187e6b14fe91":["