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Garden City Telegram in Garden City, Kansas

18 Sep 2010

Page 7

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Garden City Telegram September 18, 2010 Page 7 old newspaper archives

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Newspaper

Garden City Telegram

Location

Garden City, Kansas, United States of America

Date

Sep 18, 2010

Page

7

Obama picks Warren for consumer bureau post

President Obama named Elizabeth Warren as a special assistant to steer the new Bureau of Consumer Financial Protection, avoiding a Senate fight for now. Warren, a Harvard Law School professor and consumer advocate, will help shape rules over banks lenders and credit card firms while awaiting a full director nomination pending Senate action.

MENTIONED IN THIS ARTICLE

Washington Barack Obama Elizabeth Warren Wall Street Senate Obama Warren Bureau of Consumer Financial Protection Harvard Law School Bureau Treasury Timothy Geithner White House Elizabeth Consumer Bureau Robert Gibbs Consumer Financial Protection Bureau
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Americans Struggle to Regain Lost Wealth After Recession

The Federal Reserve reports wealth shrank 2.7 percent in the April to June quarter, erasing $1.5 trillion and leaving household net worth at $53.5 trillion. Stocks rose later, but to reach pre recession peaks would require a 23 percent surge, while real estate remains weak and consumer spending stagnant. Savings rose to 6.1 percent of disposable income as debts edged down, with optimism muted about a rapid rebound in wealth or spending this year.

MENTIONED IN THIS ARTICLE

Washington Federal Reserve Ken Mayland ClearView Economics University of Michigan/Reuters Carla Fehribach St. Louis Fehribach U.S Standard & Poor
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Rome St. Dominic’s Garden City, Kansas Ellen Rome Judy Stasser Ellen.rome Sbcglobal aComezenaal Sd Samy Buffalo Dunes Kansas Garden City E. Kansas Ave Choicehotels.com Michael J. Baughman American Board of Orthopaedic Surgery American College of Surgeons American Academy of Orthopaedic Surgeons American College of Sports Medicine Arthroscopy Association of North America Ulm
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