New Consumer Protection Agency

Tomorrow,  Mr. Obama will announce the head of the new Consumer Protection agency.  Currently three candidates have emerged.  Harvard professor, Elizabeth Warren  is one candidate. 

She has long been a champion of the consumer protection issues.  The question remains whether Warren can be fair to businesses as the head of the new CPA. 

http://www.bloomberg.com/news/2010-07-20/treasury-reviews-u-s-consumer-agency-candidates-as-banking-bill-nears-law.html

Treasury Department Assistant, Michael Bar and Justic Department counsel Gene Kimmelman are also under consideration.  The new agency is currently under the leadership of Treasury Secretary Timothy Geithner until the president announces the director tomorrow.