Economy

WTF?

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.