I refer of course to Elizabeth Warren, our senior senator and, as it were, the nation’s unelected regulatory czar. Ms. Warren’s latest provocation was to send a letter to President Obama this month demanding the removal of Mary Jo White, chairwoman of the Securities and Exchange Commission. Ms. White, she said, had demonstrated her unsuitability for the role by failing to have the S.E.C. draft rules requiring corporations to disclose details of their political spending.
Last time I checked, the S.E.C. was a regulatory agency of the executive branch, in which Ms. Warren is not, in fact, employed. President Obama was quick to retort that Ms. White was right for the position. You could imagine him protesting, sotto voce, “Hey, firing agency heads is my job.”
‘Enforcement 40’ for 2020
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