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ARTICLE · 05 JUNE 2013

Elizabeth Warren: A Populist Demagogue?

It was widely speculated that she was President Obama’s first choice to be Director of the Consumer Financial Protection Bureau, an agency that owes its very existence in no small measure to Warren’s academic writings and public advocacy.

United StatesFinance and Banking

She used to be a law professor at Harvard. It was widely speculated that she was President Obama's first choice to be Director of the Consumer Financial Protection Bureau, an agency that owes its very existence in no small measure to Warren's academic writings and public advocacy. She proved to be so controversial a figure that confirmation of her nomination was considered impossible. So the story goes that the President looked elsewhere to fill the CFPB position while Warren remained in academia.

But then she ran for the United States Senate in Massachusetts.  Warren won the seat over her opponent, Scott Brown. Off to Washington went Professor Warren, where she was assigned a chair on the Senate Banking Committee and from which she has offered her first piece of legislation: The Bank On Student Loan Fairness Act.

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