California congressman invites Elizabeth Warren back into the ring
A week after Elizabeth Warren faced an uncomfortable exchange with the chair of a House subcommittee overseeing TARP, another congressman is inviting the Harvard professor back to Capital Hill for more testimony about the structure of the Consumer Financial Protection Bureau. This time the invite comes from Republican Darrell Issa, (R-Calif.), chairman of the House Committee on Oversight and Government Reform. While it's unknown if a hearing in front of Issa and the Committee will assume the same negative tone that developed when Warren testified before the TARP Committee, Issa in a letter to CFPB architect Warren said his Committee expects to get answers to specific questions and wants more details to be revealed publicly when it comes to the CFPB's funding and oversight structure. Issa wrote in his letter, "In light of the inability of all members of the subcommittee to have an opportunity to ask you questions, and your unwillingness to provide direct and responsive answers to a number of important questions, the committee would like to first discuss your plans for the CFPB." Warren issued a statement in response to Issa expressing her willingness to address questions regarding oversight of the CFPB. “As the former chair of the Congressional Oversight Panel, Professor Warren appreciates the importance of and value in checks and balances," Warren's office said. "She has had nearly 100 one-on-one conversations with Members of Congress and submitted detailed written testimony about the CFPB each time she has testified. She looks forward to her next appearance before the Committee.” Write to Kerri Panchuk.