Former Obama Administration Treasury Secretary Tim Geithner has critical words about Senator Warren's brand of progressive and pragmatic Democratic Party populism in his new book:
Timothy Geithner had some critical words for Sen. Elizabeth Warren (D-Mass.) in a new memoir reflecting upon his time as treasury secretary before and after the 2008 financial crisis.
The book, entitled "Stress Test," recounts Geithner's thoughts and interactions with members of the Obama administration as it sought to repair the nation's financial system and subsequently implement the Wall Street reforms commonly referred to as Dodd-Frank.
Warren, at the time a consumer advocate and law professor who ran Congress' TARP oversight panel, was briefly considered the top choice to lead the Consumer Financial Protection Bureau. Due to concerns that a polarizing, progressive choice would not be able to muster enough Democratic support in the Senate, she was instead given the job of creating the agency under the auspices of Geithner. In her own book, she said she nearly turned the post down because she was worried, in part, about interference from the treasury secretary.
“They didn’t want to vote for a controversial liberal at a conservative moment,” Geithner wrote about Warren. “They were also worried about the intense opposition in the business community.”
“Her [bailout] oversight hearings often felt more like made-for-YouTube inquisitions than serious inquiries,” Geithner wrote about Warren, according to The Hill. “She was worried about the right things but she was better at impugning our choices — as well as our intentions and our competence — than identifying any feasible alternatives.”
Ok, so here is my poll question: