"...In 2010, Warren met with President Obama in the Oval Office, and he informed her that he could not make her the head of the the Consumer Financial Protection Bureau, which she had just designed, because of objections from Senate Republicans and bankers. “You make them very nervous,” he told her. In a second meeting, he browbeat her into doing additional work on the design of the agency anyway.
"Now there are two questions that immediately occur to me, questions that I would like to pose to President Obama. First of all, can you name one instance in which George W. Bush, Dick Cheney, Karl Rove and the rest of the Bush II White House decided not to do anything because it would make Democrats in Congress and labor unions nervous?.... But the second question is more fundamental. How on earth can we fix our financial woes without making Wall Street nervous? Does the President really not understand that the crash came, and the next one will come, precisely because our financial institutions have much too much power and much too much money?...."
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