UPDATE 4: The pressure is getting to Geithner! Geithner's spokesperson insisted this afternoon that "Secretary Geithner believes that Elizabeth Warren is exceptionally well qualified to lead the new bureau and, ultimately, that’s a decision the President will have to make" Help us keep the pressure on by telling President Obama to make that decision and appoint Elizabeth Warren.
The momentum keeps building, as our ally Credo Action has joined the fight -- adding more than 18,000 signers for a total of more than 43,000 in less than 24 hours! Can you help us get to 50,000 today? Click here.
UPDATE 3: We blew through our goal of 20,000 signers-- can you help us get to 25,000?
UPDATE 2: Geithner is feeling the heat! Asst Sec. of Treasury Michael Barr insisted that Geithner felt Warren was strongly qualified to Firedoglake's David Dayen this morning on a call.
We're over 10,000 15,000signatures -- can you help us reach 20,000?
BREAKING NEWS: Huffington Post reports that on the very day the Senate passed Wall Street reform and created a Consumer Financial Protection Bureau, Treasury Sec. Tim Geithner is urging President Obama NOT to appoint the most credible person as its leader: Elizabeth Warren.
Sign our emergency petition to the President today -- telling him to appoint Elizabeth Warren.
The Consumer Financial Protection Bureau, as Ezra Klein explains, is "a huge deal, with the potential to become as important to consumers as the Food and Drug [Administration]", so it's vital we appoint a strong watchdog to lead it. Click here to tell President Obama to appoint Elizabeth Warren.
Elizabeth Warren is feared by Wall Street.
As chair of the bailout oversight panel, she held Wall Street executives' feet to the fire and was not afraid to speak out.
As a Harvard professor, her credentials are impeccable. And she was the one who came up with the idea for the Consumer Financial Protection Bureau -- perhaps the best piece of this bill -- in the first place.
Warren is perfect for the position and most financial insiders have just assumed she would get it. That's why it's so outrageous that Geithner -- a longtime Wall Street insider -- would attempt to sabotage her appointment.
For more on Geithner's opposition see Kossack bobswern's excellent diary.
Sign our petition to President Obama in support of Elizabeth Warren today. Click here -- then tell your friends.
If we can get thousands of petition signatures by morning, the media will take notice and we can publicly shame Geithner. This is a moment that requires good people to fight back.