Chris Dodd is threatening to block Elizabeth Warren:
Outgoing Senator Chris Dodd (D-Conn.) warned Tuesday that an interim appointment of Elizabeth Warren to head the Consumer Financial Protection Bureau “jeopardizes the existence” of the nascent agency. [...]
“I’m not enthusiastic about that and I think it’ll be met with a lot of opposition,” Dodd told reporters after coming off the Senate floor. [...]
He added that such an appointment could create a backlash that would lead Congress to defund the bureau.
It’s times like these when Congress just throws caution to the wind and doesn’t appear to give a flying rip about optics — in this case, the appearance of being in Wall Street’s skuzzy pockets.