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Left jab: Elizabeth Warren, liberals hammer Obama on treasury nominee


Posted: Jan 5, 2015

Confirmation in doubt as emboldened progressives take on so-called Wall Street Democrats

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EW and libs are hammering the nominee's record - not Obama

[ In Reply To ..]
The routine GOP stonewalling of the president's nominations is to be expected. So are the objections being raised over a Wall Street insider by Warren and progressives, which are firmly rooted in progressive principles, not a party's knee-jerk political reflex.

Nominating someone who understands Wall Street is one thing, but confirming someone who has personally benefitted from such long-term ties to the financial sector they would now regulate is quite another. Aside from that, even the president has condemned the noxious practice of offshore tax shelters with which Weiss has become involved over the years. He has limited or no experience in domestic finance, regulation or consumer protection. There are simply better candidates out there than this one.

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