Friday, July 23, 2010

Floyd Norris on Elizabeth Warren (Bureau of Consumer Financial Protection or BCFP) and Mary Schapiro (SEC).

It has been reported that Geithner is opposing Warren's nomination for whatever reasons, but at least he's saying the Bush tax cuts for "top earners" shouldn't be extended even in the face of a weak recovery.

Since unemployment is so high, middle class tax cuts should be extended with a trigger, as DeLong has suggested.

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