Obama May Name Warren as Interim Consumer Agency Head

Lock
This article is for subscribers only.

President Barack Obama may appoint Elizabeth Warren, the Harvard law professor who scolded U.S. banks while overseeing their bailout, as the interim head of the new Consumer Financial Protection Bureau as early as this week, according to a person familiar with the matter.

An interim appointment could allow Obama to bypass a confirmation battle over Warren in the Senate, where Republicans have raised objections to her possible nomination.