Word: paneleer
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...politeness fool you," says Elizabeth Warren. The Harvard Law professor and head of the congressional panel monitoring the bank bailout had just finished a hearing in New York City and was nibbling at a dish of pasta with zucchini. "I can't think of anyone I'm afraid of," she adds. "Certainly not someone who may have had a hand in bringing this country to the brink of disaster...
...Does that make sense?" in her Oklahoma drawl right after she finishes answering a question. During the hearing, which was focused on the federal bailout program's effect on corporate and commercial real estate lending, Warren gingerly tapped her gavel from the dais. "The hearing of the Congressional Oversight Panel will now come to order," she said a bit hesitantly. (See three questions about TARP for Warren's panel...
...this well-mannered career academic has to bully some of the world's most powerful men. Shortly after Congress passed the Emergency Economic Stabilization Act last October, Warren was appointed by Senate Democrats to do one of the most difficult, or perhaps impossible, jobs in Washington: chairing a bipartisan panel tasked with scrutinizing how the Treasury Department - first George W. Bush's, now Barack Obama's - is spending the $700 billion in federal money intended in large part to shore up failing banks. The role has Warren monitoring the decisions of Treasury Secretary Timothy Geithner, Federal Reserve Chairman Ben Bernanke...
...Obama plan is the creation of a Consumer Financial Protection Agency that would take over the drafting and enforcement of consumer financial rules from the banking regulators. This is a move proposed two years ago by Harvard Law School professor Elizabeth Warren, who is now chairman of the panel overseeing the Treasury Department's bank bailout. "It is impossible to buy a toaster that has a one-in-five chance of bursting into flames and burning down your house," Warren wrote in the journal Democracy in 2007. "But it is possible to refinance an existing home with a mortgage that...
...willing to try to thwart Pyongyang's nuclear proliferation efforts, as the New York Times first reported on June 16. "I've been talking with the Chinese since the late [1970s] about North Korea," former U.S. negotiator Evans Revere, now president of the Korea Society, told a Senate panel last week. Beijing's attitude is shifting. "I've had a couple of Chinese officials actually use the term 'security liability' in their descriptions of North Korea today," Revere said. (See pictures of the tense border between North and South Korea...