Pelosi Lauds Warren's Appointment

House Speaker Nancy Pelosi (D-Calif.) released the following statement in response to President Obama’s decision to put Elizabeth Warren in charge of establishing the Consumer Financial Protection Bureau:

“President Obama’s appointment of Elizabeth Warren to oversee the creation of the Consumer Financial Protection Bureau is a true victory for America’s middle class and one of the strongest statements we can make that Wall Street abuses will no longer be allowed to jeopardize our financial security.”