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The New Republic/ July 23, 2010, 2:03 PM

The Case For and Against Elizabeth Warren

Jonathan Cohn is a senior editor of The New Republic.

Elizabeth Warren may be the best choice to head the new Consumer Financial Protection Bureau. Or she may not be. As I wrote previously, I really don't know. But I do have one more thought about what's apparently the main argument against her candidacy: Her relative lack of managerial experience.

Warren's critics say that she's never run an organization like the new consumer bureau. She may be brilliant, charismatic, and passionate, but she hasn't demonstrated that she has the chops to lead the agency. All she has done is lead the Congressional Oversight Panel on the financial bailout. She's done it well, but it's not the same thing. As Neil Irwin wrote in the Washington Post, "Will Elizabeth Warren be as effective as a bureaucrat as she is as a guest on the Daily Show?"

It's the right question to ask. People tend to evaluate executive branch appointments purely on philosophy and communications skills: It's all about what the appointee believes and how well he or she looks on camera. But if you work in government or talk to somebody who does, you'll discover that seemingly mundane job skills--even something as simple as being well organized--can make a huge difference in effectiveness, at least in the executive branch. (With a judicial appointment, philosophy obviously is the most important issue, by far.)

Still, experience isn't everything, Particularly when it comes to a new agency, charged with carrying out a signature domestic policy initiative, there's a case for appointing a relatively inexperienced visionary who can recruit the best staff and create an internal culture that will last long after the appointee is gone. Obama himself seems to agree, since that's basically what he did a few weeks ago, when he named Donald Berwick to head the Centers for Medicare and Medicaid Services (CMS).

All the adjectives I used to describe Warren--brilliant, charismatic, and passionate--apply to Berwick. The difference is that Warren's cause is protecting consumers from abusive financial practices while Berwick's is improving the quality of medical care. Berwick has never run an agency as large or influential as CMS, just as Warren has never run anything as powerful as the new regulatory board.



The analogy between the two is not precise. Berwick doesn't have to create CMS from scratch, although he does need to change its culture and mandate. But if Obama wanted to appoint Warren, his administration could help her in the same way they helped Berwick: By surrounding her with capable deputies who can handle some of the managerial duties.

Of course, when Obama first tapped Berwick, quite a few insiders worried about his lack of experience, just as Warren's do now. It's too soon to know whether those fears were baseless.

The opinions expressed in this commentary are solely those of the author.
By Jonathan Cohn:
Reprinted with permission from The New Republic.
The New Republic
6 Comments Add a Comment
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godofthunder1 says:
she needs to cap all credit cards and auto loans new ,exsisting, and current at 5% your house loan is under 5% why are your credit card and auto loans 11% to 29% if this is done things will start to get back on track.
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yurizhi says:
It is her lack of experience , so called, that makes her the best choice. The Hill is toast in case you haven't noticed. Which is why Congress members just keep taking every lobbyists dollar without impunity , refusing to accept responsibility for their actions and spending like no tomorrow . They do not represent the public and are irreparably out of touch with reality. They are afraid of persons like Elizabeth Warren because they have betrayed Lady Liberty and know that normal people like us hold them in contempt . One Yea for Czar Warren !
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saucymugwump says:
Sarah Palin has no international experience, yet Republicans think she should be president. Barack Obama had only a few years as a U.S. Senator, yet Democrats voted him into the White House.

Elizabeth Warren is very intelligent -- unlike Palin -- and a nice person. Warren would be a fresh face in DC -- like Palin -- and is not tainted by having sold her soul to special interests.

Warren would make a great Consumer Financial Protection Bureau chief, or for that matter, Secretary of the Treasury.
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John_Merritt says:
Well if you are planning on making the 'agency' as large and cumbersome as some of the others; you are probably right. This is an intelligent woman who is not afraid of seeking advice from others in constructing what she feels the best way to staff and supply whatever agency they create.

That is one of the problems with Washington is there is SO MUCH redundancy and duplication of effort. Streamlining to create the perfect is best whether in a personal relationship or one that entails creating an environment where success is measured by the will and want to do it right the first time.

Elizabeth should have no problem as long as you allow her some leeway and don't hamstring her.
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rightbehind says:
Can we make her the prosecutor of wall street instead?
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tom2stk replies:
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Sure, as long as she can prosecute the idiot politicians that let this happen. And I mean both sides of the aisle. Democrats for pushing the CRA, so creditors had to provide loans to any jerk weed who could draw a breath - qualified or not. Republicans for taking down the regulations that controlled the financial industry. Two ring leaders who need to spend time behind bars - Barney Frank and Phil Gramm.