isn t he naming her to run it? reporter: well, jon, the president says the consumer financial protection bureau was elizabeth warren s idea, and he has suggested in the past that he would like her to run it, but democrats, frankly, don t think warren could be confirmed to the post by the senate because republicans see her as such a consumer advocate. warren herself says the bureau she will set up will put a new cop on the beat to look after the consumer credit market, and even though she won t be the cop, she will help write the rules governing credit cards, mortgages and consumer loans. and because of the way the law is written, she could effectively run the bureau until sometime in early 2012 if congress doesn t con firm a bureau head sooner than that. jon: republicans are generally opposing her, why? reporter: well, she s seen as anti-industry based on years of being an advocate for the middle class and based on comments that were sharply critical of banks when she headed the co