We did it! Today, President Obama names Elizabeth Warren to lead the Consumer Financial Protection Bureau -- and become a White House economic adviser with direct access to the President.
This is a HUGE victory, and it wouldn't have happened without over 200,000 advocating for Elizabeth Warren's leadership. For the first time, progressives successfully pressured President Obama to select the most progressive option on the table.
Together, we made thousands of calls, wrote hundreds of letters to the editor, and left politicians and the media baffled over all the fervor for Elizabeth Warren. The Boston Globe called it an "uprising among Warren's legion of supporters." The Huffington Post wrote that PCCC members were "bombing Senate with Elizabeth Warren calls."
So, seriously...congratulations. People-power made a difference!
Can you sign our congratulations card to Elizabeth Warren? Click here. We'll deliver the card to her personally -- please encourage others to sign.
Elizabeth Warren wrote on the Huffington Post:
The President "asked me to take on the job to get the new Consumer Financial Protection Bureau started -- right now. The president and I are committed to the same vision on CFPB, and I am confident that I will have the tools I need to get the job done."
There has been a lot of concern about how this special gig will work out. Well as Adam Green tells CNN, there will be hell to pay if Warren isn't in charge of doing exactly what she wants with the CFPB.
"The fact is that Warren will functionally have the keys to the new bureau for it's opening months, giving her immense opportunity to craft it the right way."
"It's still completely on the table that she'd be given a permanent appointment, and if the Wall Street types in the White House tried to stab her in the back and give someone else that role, there'd be hell to pay with progressives."
(full disclosure: I proudly work for the Progressive Change Campaign Committee)