At a time of record corporate profits, a time when 14 million Americans are out of work, when millions have lost their homes and, according to the Census Bureau, the ranks of those living in poverty has grown to one in six - that Elizabeth Warren could be publicly kneecapped and an agency devoted to protecting American consumers could come under such intense attack is, ultimately, the story about who holds power in America today.
When the CFPB was first proposed to Congress, in early 2009, the Chamber of Commerce, the leading business lobbying group in the country, announced that it would "spend whatever it takes" to defeat the agency. According to the Center for Public Integrity, from 2009 through the beginning of 2010, it would be one of the biggest spenders among the more than 850 businesses and trade groups that together paid lobbyists $1.3 billion to fight financial reform.
Although a Gallup poll in the fall of 2010 would show that 61 percent of Americans supported Dodd-Frank - which was designed to curb the risky bank activities that triggered the 2008 meltdown and the ensuing recession - the financial establishment would continue to attack it even after it became law on July 21, 2010.
http://readersupportednews.org/opinion2/277-75/7839-elizabeth-warren-the-woman-who-knew-too-much