Liveblogging World War II: October 29, 1940
Liveblogging World War II: October 30, 1940

Tim Geithner Needs to Gain Control Over His Building

This is not what should be happening. Not at all.

Zach Carter:

Are Treasury’s Knives Coming Out Against Elizabeth Warren?: On Oct. 12, Politico ran a piece featuring this anonymous nugget (among others):

Some at Treasury grumble that Warren, in her early memos, spent much time detailing what press she was going to do . . . rather than the nuts and bolts of setting up an agency.

Then yesterday, in Politico’s Morning Money column:

NEW PAINT JOB – We also hear that while Warren is out west, her Treasury office is getting a makeover (Warren will have digs both at Treasury and the CFPB’s L Street headquarters). That’s something of a rarity for Treasury officials, who usually leave their offices as-is. There is much internal debate as to exactly what color it is that is going up on Warren’s walls. One person called it “Arizona sunset,” another “terra cotta.”

Both of these represent the kind of meaningless, issue-free pseudo-news that serves as Politico’s bread-and-butter.... [L]ook at the frame Treasury is putting on the stories. In both, Warren is portrayed as an ego-centric fluff-monger, not a serious policymaker. Look at fancy Elizabeth Warren painting her office! Our humble boss Timothy Geithner would never do such a thing! Just days before an election, it’s somewhat astonishing that Treasury officials would be working the media to smear Warren instead of, say, talking about the economy. And it’s certainly counterproductive for Treasury to be creating these distractions for the new, can’t-be-independent-soon-enough agency...

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