WASHINGTON, July 16 U.S. Treasury Secretary
Timothy Geithner considers consumer rights advocate Elizabeth
Warren well qualified to head a new financial consumer watchdog
bureau, a Treasury Department spokesman said on Friday.
"Given her strong leadership on consumer protection,
Secretary Geithner believes that Elizabeth Warren is
exceptionally well qualified to lead the new bureau, and,
ultimately, that's a decision the president will have to make,"
Treasury spokesman Andrew Williams said.
Williams said Warren has been "a driving force behind the
creation of the consumer financial protection bureau" that will
be created as part of the financial regulation reform bill
approved by Congress on Thursday.
(Reporting by Glenn Somerville, Editing by Chizu
Nomiyama)