Battle looms over new job heading financial watchdog

President Obama has yet to sign the bill that will overhaul financial regulations, and already a tug of war is unfolding over whom he will tap for the highest-profile position created by the landmark legislation. At the center of this wrangling is Elizabeth Warren, an outspoken Harvard law professor who served as a key architect of the Consumer Financial Protection Bureau, the new regulator that she is a top candidate to lead.

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