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Tuesday
Oct052010

Todd Zywicki “In Elizabeth Warren We Trust?”

George Mason Law professor Todd Zywicki for the Wall Street Journal writes…

Elizabeth-Warren“The Obama administration has promised that the Federal Reserve's new Consumer Financial Protection Bureau will be independent from politics, a model of regulatory expertise grounded in sound data and economics. Naming Harvard Law Prof. Elizabeth Warren as de facto agency head undermines both goals. 

By appointing another White House czar to avoid Senate confirmation, the administration politicized the powerful new bureaucracy from its birth. And by appointing an individual with a track record of using questionable research to advance policy ends, it has jeopardized the second goal as well.”

Scott Drake interviews Professor Todd Zywicki

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