A blogger, whom I admire very much and whom I had the distinct pleasure to meet a couple weeks ago, asked me what I thought of Elizabeth Warren.
I must confess to not having a good answer because I haven’t thought of her very much.
The heads of agencies are most effective when their interests align with the permanent staffs of the agency to which they are appointed. Conversely, if the head of an agency wants something different than the permanent staff wants, the agency often goes into a period of hibernation, during which the permanent staff simply prepares for a time when it is "run" by someone else. The Consumer Financial Protection Bureau has no staff, so I’ve given it no thought. I still must confess to not being sure what the fuss about the CFPB is.