There are a lot of interpretations about President Obama’s appointment of Elizabeth Warren as an ‘assistant to the President’ to oversee the creation and development of the Consumer Protection Agency.
Yves Smith sees this as a way to neutralize her either as a head of an agency or as an outsider evaluating the work and structure of the agency, and a lost opportunity to gain publicity for her point of view in confirmation hearings.
Others are either more neutral or more hopeful for her role with this administration.
In the Congressional Oversight Panel Reports September 16, 2010 pdf is available at the website today. I have read Elizabeth Warren has ‘recused’ herself from the current document.