Alex Wong/Getty Images North America
Warren, at a Congressional hearing in March.
Please allow us to mix a seriously serious subject — consumer protection — with a bit of fun.
As NPR's Scott Horsley will report on All Things Considered today, President Obama is getting a lot of advice these days about whom he should name to head the new Consumer Financial Protection Bureau.
Actually, most of the advice is about whether he should or shouldn't choose Elizabeth Warren, chair of the congressional panel that oversees the Troubled Asset Relief Program.
Liberal groups such as the Progressive Change Campaign Committee are collecting signatures in support. "Elizabeth Warren has a proven record of standing up to Wall Street on behalf of consumers," the committee's Julia Rosen tells Scott.
But, Scott reports, the banking industry isn't among Warren's fans. He says that "the American Bankers Association and the Financial Services Roundtable declined to comment." And George Beattie, who heads the Nebraska Bankers Association, told Scott that many in the industry just don't think the Harvard professor has the right experience:
The fun part of the story, though, is the "Elizabeth Warren rap video," also known as Got A New Sheriff.
As Marketplace reported last week, rapper Ryan Anthony Lumas concedes he didn't know who Warren was before the video was made. He was enlisted by the group Main Street Brigade, which describes itself as "a rapid response team, nationwide, that can be activated to protect our communities" against the devastation caused by layoffs, financial failures and other economic maladies.
Here's the video Main Street Brigade came up with — "Wall Street, you better watch out," Lumas raps, because "Sheriff Warren" is coming to town:
As Rosen says, not many — if any — other nominees to high positions can say they've had raps sung about them:
Side notes: Morning Edition mentioned the Got A New Sheriff video last week. Our friends at Planet Money have reported a lot about Warren (sometimes controversially) and the subject of consumer protection.