Over one month ago, Jobs with Justice coalitions and allies around the country took action to demand Obama appoint Elizabeth Warren to lead the Consumer Financial Protection Bureau (CFPB).  The creation of a Consumer Financial Protection Bureau to create accountability and oversight of the consumer credit market was a big part of the financial reform success over the summer.

Wall Street interests lobbied tirelessly to block her appointment because of her history as an advocate for consumers at the expense of big bank interests.

But our voices were louder.

Today President Obama will announce that Elizabeth Warren will lead the creation of the new CFPB, set to get the agency off the ground.  Although she has not been confirmed by the Senate as the permanent director of the Bureau, she will oversee its establishment as an Assistant to the President and as Special Advisor to Timothy Geithner, the Treasury Secretary.  And even with that, she could still eventually be confirmed as permanent director.

She might just be the most powerful agent of Wall Street reform in the country.  And Warren is clear that the battle has just begun, stating on the Huffington

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