Politics

Vanity Fair Profile on Elizabeth Warren: ‘Geithner Hated Her’

Warren Profile: Reid and Schumer Pushed Her to Challenge Brown, Geithner Hated Her

A new in-depth article in Vanity Fair profiles U.S. Senate candidate Elizabeth Warren, broaching her time in Washington and her motivations to challenge Scott Brown for U.S. Senator from Massachusetts. The piece, entitled “The Woman Who Knew Too Much,” also talks of President Obama’s “betrayal” of her when he didn’t appoint her to head of the Consumer Financial Protection Bureau which she largely conceived and organized:

“By July 18, when Obama announced that he was passing Warren over, he did so after receiving petitions signed by several hundred thousand people and organizations urging him to appoint Warren as the country’s top consumer watchdog.

At the end of his remarks, Obama turned to Warren and kissed her on the cheek. She smiled gamely, though if there are kisses a woman can do without, this was one of them. A Judas kiss, some would say.”

While her dissatisfaction in being passed over to head the C.F.P.B. may not be a secret, Suzanna Andrews’s profile of Warren writes of the heated mutual contention between Warren and U.S. Treasury Secretary Timothy Geithner. After a tense November 2009 hearing during which Warren grilled Geithner, Andrews writes:

“’Geithner hated her,’ says a former administration official. Part of it was seen as personal because she had scorched him in public. But the whole thrust of her work on the oversight panel—getting the facts out to the public—was at odds with Geithner’s perceived conviction, shared by the Wall Street establishment, that the details of the banks’ TARP rescue should be hidden from public scrutiny whenever possible in order to give the banks time to recover, an assessment that a Treasury spokesperson disputes, insisting that ‘Secretary Geithner initiated unprecedented disclosure requirements for financial institutions.’”

Aside from Republicans that deeply protested Warren chairing the C.F.P.B. let alone the bureau itself, Andrews writes that Warren’s subtle opponents on the other side of the aisle included Geithner, White House Chief of Staff William Daley, and Dodd-Frank namesake former Sen. Christopher Dodd.

Following friction over the C.F.P.B., Andrews reveals Senators Harry Reid and Chuck Schumer pushed Warren to run for Senate despite their own hypocrisy in supporting the anti-Wall Street candidate:

“Those most notable would be Senators Harry Reid and Chuck Schumer, who led the effort, which began in the late spring, to encourage Warren to leave Washington to run against Scott Brown, the Massachusetts Republican, who is up for re-election next year. Some speculated that they were doing the president’s dirty work, trying to rescue him from a tough decision. But others would note the gush of Wall Street donations these Democrats received for their 2010 elections: $6.2 million for Chuck Schumer, the most of any senator, and $4.7 million for Harry Reid, who would clock in as the third-highest beneficiary of Wall Street largesse in the Senate—after New York Democrat Kirsten Gillibrand—according to the Center for Responsive Politics.”

In her challenge for the seat long held by Ted Kennedy, Warren has already raised $3.1 million since her official campaign announcement on September 14, and the race has been speculated to be one of the closest in 2012.

Comments (21)

  • B4REALITY
    Posted on October 13, 2011 at 10:57pm

    Even I am thinking of donating to Scott Brown so this COMMI doesn’t reach office. How can a person like this take an oath of office when they’re communist….hmmm!

    Obama used her line today…”no one became a millionaire alone.” Just wait, they’ll be saying “you went to public school, so you owe us!” (Nevermind it’s mandatory!) Don’t you already pay taxes…and pay your “fair,” share for the roads and for schools for that matter.

    Report Post » B4REALITY  
  • peaches1
    Posted on October 13, 2011 at 5:05am

    She is so full of it. Needs the publicity.

    Report Post »  
  • Bill Rowland
    Posted on October 12, 2011 at 6:10am

    Lizzie needs to get her tent and go demonstrate in Boston with her brothers and sisters.

    OMG – Psalm 109:8

    Report Post »  
  • WalkTheTalk
    Posted on October 12, 2011 at 5:37am

    Geithner hates Warren because he will do anything to keep the big banks safe from their failures. The US must force the loses of the banks onto the public debt in Geithner’s view. It is amazing to me how many people hate Warren….I know that banks hate her because she wants them to be accountable for their acts and to fully disclose what is in their transactions.

    People that want to sell products to the poor and to the youth of America while overcharging them with hidden fees, high interest rates , and worthless add on services hate her as well.

    If you think having PHDs and unprincipled business people design sells contracts and slide of hand sells techniques to take advantage of high school drop outs and teenagers is good for America then
    you should hate Warren as well…..

    unreal

    Report Post »  
  • matinva
    Posted on October 12, 2011 at 12:12am

    My God, just listen to this lady any chance you get. If ‘Tax Cheat’ Geithner couldn’t stand her, that means she was so far out in left field she left the ball park. Of course, Geithner is such a flake, who cares what he thinks? The lunatic left is coming out of the closet on all fronts and now is the time to take notes on who they are and where they are. Remember that in ‘12!!

    Report Post » matinva  
  • inferno
    Posted on October 11, 2011 at 10:31pm

    Where does a Leftist / Progressive go when they become a black sheep as far as the rest of the flock is concerned ? In previous generations with most Marxists, they would assinate traitor and blame it on their opposition. I don’t believe that would happen in this instance, but it does clue one in on the shallowness of these people. Everyone is disposable. The ends justify the means.

    Report Post »  
  • mike3481
    Posted on October 11, 2011 at 9:52pm

    She’s nuts, everyone in D.C. knows it and her party wanted to get rid of her, so they suckered her into to running for that Senate seat, which they, the Dems, assume she’ll lose.

    And if Massachusetts elects her they deserve to destroy themselves, just like California.

    Report Post »  
  • I.Gaspar
    Posted on October 11, 2011 at 7:56pm

    He hated her. We hate her.
    What’s not to hate?

    Report Post »  
  • BubbaT
    Posted on October 11, 2011 at 7:55pm

    Geithner hated her because she knew more than that little punk turd. Which isn’t saying much. Put cement shoes on the both of them.

    Report Post » BubbaT  
    • Bill Rowland
      Posted on October 12, 2011 at 6:05am

      Based on your reasoning Timmy hates almost everybody.

      OMG – Psalm 109:8

      Report Post »  
  • jnealer
    Posted on October 11, 2011 at 6:43pm

    At what point did caring about consumers more than multinational banks equal communist? Seriously, what is so wrong about holding financial institutions culpable for what they do to our economy? Elizabeth Warren didn‘t vanish my father’s retirement fund, Citigroup did. Chase Bank is making me pay 10% more for my student loan than it needs to, even though it’s government backed. My financial freedom has been way more impacted by the private sector then the public…institute regulations when needed (e.g. the financial crisis would never have happened under Glass-Steagall).

    Lastly, I am not a communist.

    Report Post »  
    • Zer0
      Posted on October 11, 2011 at 7:16pm

      @JNealer,

      “Lastly, I am not a communist.” – Of course not, just as all of those trust-fund babies at the OWS are not truely “Communists”. No one can be a Communist in modern civilization. However, just like the youth at these OWS protests, you are severely misguided. Glass-Steagal had nothing to do with Citigroup (or the collapse of the financial industry as a whole). The major financial institutions’ collapse was due to poor management of loans/capital and exacerbated by the collapse of the housing industry because of the Clinton-era Community Reinvestment Act (a la ACORN and Barney Frank). As for your student loans, your bank has nothing to do with how your (and many other’s) college(s) and universities are price-gouging by increasing their costs by 400% in 10 years. This is because of the universities’ frivolous spending projects, six figure salaries for professors, and no one managing universities with experience in business management.

      Again, you’re not a Communist, rather misguided and whipped into a populist fervor. Direct your anger, fear, and ire at Washington and at the collegiate institutions. Both woefully need reform. Finally, whatever you do, do not vote for Obama (again) if you do not like foriegn and domestic banks/corporations recieving bailouts.

      Report Post »  
    • NOTAMUSHROOM
      Posted on October 11, 2011 at 7:20pm

      “My financial freedom has been way more impacted by the private sector then the public”

      This statement clearly identifies you as a student who has never actually worked for a living yet so I suppose you could be forgiven for the abject stupidity of said statement.

      Report Post »  
    • chazman
      Posted on October 11, 2011 at 7:46pm

      … Liz, you are one messed up beatch …

      Report Post »  
  • capeheader
    Posted on October 11, 2011 at 6:42pm

    She is just another carpetbagger. She should get off the rug.

    Report Post »  
  • YepImaConservative
    Posted on October 11, 2011 at 6:28pm

    “I kept my clothes on” said Elizabeth Warren when asked at a primary debate how she paid for college.

    “Thank God,” Mr. Brown said…

    Report Post » YepImaConservative  
  • endgamer
    Posted on October 11, 2011 at 5:43pm

    It isn’t hard to hate you Ms. Warren. You‘re a GD Communist for Pete’s sake. We used napalm on communists in Vietnam!

    Report Post » endgamer  
    • michael48
      Posted on October 11, 2011 at 6:17pm

      $71.00 a mo. to Eliminate the little Marxist terds…Her , I do for FREE and have my own tools…66′-68′…BTW…comrades..”Dem-Wits need NOT apply”…Think we’re going to forget???

      Report Post »  
    • YepImaConservative
      Posted on October 11, 2011 at 6:24pm

      Those poor commies! That doesn’t sound very non-interventionalist Ron Paulian to me ENDGAMER. I think if it was up to Ron Paul we would have never stepped foot in Vietnam and had a chance to napalm those damn Commies! However, Ron Paul IS in favor of “cut and runs”… just like we did in Vietnam.

      Jus‘ sayin’…..

      Report Post » YepImaConservative  
  • Sirfoldallot
    Posted on October 11, 2011 at 5:39pm

    Elizabeth , didn’t I see u down on wall street with Judas ?

    Report Post » Sirfoldallot  

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