Warren To Chair Commission on Banking Influence

Holy shit: (via dailykos)

Washington D.C. - President Obama announced on Thursday that he has asked Elizabeth Warren to investigate accusations about his administration's ties to the banking industry. "It has come to my attention that several members of my administration have compromised their ability to do what's best for all Americans. I've tasked Elizabeth Warren to chair a bipartisan commission to investigate this matter, and I expect them to produce a report on this subject by the end of the summer."

The move has sent shock waves through the administration, which had seemed to take a more pro business stance since the 2010 midterm elections. Many in the White House are not pleased: "Why did he even bother bringing us in, if he was going to pull a stunt like this?" said an senior aide who was hired by Chief of Staff Bill Daley in December. Daley is known for his ties to Wall Street and sources close to Warren revealed he would be among the investigation's targets.

Obama said Warren would name the rest of the commission by the end of next week, and the report would be released by the end of July.

Wow, I didn't know Obama had it in him.