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National Journal Poll: Americans (still) hate their representatives. The president has slipped to 38 percent approval, from 52 percent just after he was elected. He can't begin to compete with Congress, which has an approval rating of 9.
The Campaign to Defeat Obama, a political action committee with ties to the Republican Party and the Tea Party Express, has launched a campaign linking Democratic Party lawmakers and President Obama to the Occupy Wall Street movement, which is depicted by the organization as "violent mobs."
This morning, President Barack Obama plans to officially announce that Elizabeth Warren — Harvard Law professor and the current head of the Congressional Oversight Panel over the Troubled Asset Relief Program — will head the Consumer Financial Protection Bureau.... sort of.
WASHINGTON-- The White House wants it. Senate leaders support it. The House has already passed it. And, in the wake of the worst financial upheaval since the Great Depression, many consumer groups and state regulators say it’s vital if the country is to avoid another economic collapse. Yet the proposal to create a new consumer financial protection agency is, for all practical purposes, dead on arrival in the Senate. Just call it the public option of the finance reform debate.