In a letter to President Obama, Senate hopeful Paul Hodes of New Hampshire recommends Elizabeth Warren to serve as head of the Consumer Financial Protection Bureau.
I believe that we need a strong fighter for the middle class to head the Consumer Financial Protection Bureau, and I hope you agree that Dr. Elizabeth Warren is exactly the kind of leader that we need in this critical role,” Hodes writes. “In order for middle class families across the country to regain confidence that our economy is working for them, and not Wall Street special interests, I strongly support Dr. Warren to lead the Consumer Financial Protection Bureau.”
Hodes becomes the latest Democratic candidate not currently serving in the Senate to press Obama to appoint Warren to head the Bureau. You can read the entire text of the letter below.
Dear Mr. President,
I was proud to fight alongside you to pass the Wall Street Reform and Consumer Protection Act, because I believe that one of the keys to rebuilding our economy lies in reining in the Wall Street special interests and strengthening the voice of middle class families.
For too long, Wall Street banks, shady mortgage lenders, and manipulative credit card companies have had free rein over the middle class. As a result, we’ve seen our jobs, our savings, and our economy suffer. Middle class families across the country are fighting hard to restore their lives and our economy to where it belongs — and I know that you are as committed as I am to fighting on their side, but we are not yet finished.
That is why I believe that we need a strong fighter for the middle class to head the Consumer Financial Protection Bureau, and I hope you agree that Dr. Elizabeth Warren is exactly the kind of leader that we need in this critical role.
Middle class Americans need a tough fighter like Dr. Warren to hold the Wall Street banks and credit card companies accountable. She saw what an out-of-control Wall Street was doing to our economy, and has fought hard every step of the way to tip the scales away from special interests and back towards average hard-working Americans.
In order for middle class families across the country to regain confidence that our economy is working for them, and not Wall Street special interests, I strongly support Dr. Warren to lead the Consumer Financial Protection Bureau.
(H/T Boston Globe)
