For Immediate Release


Alan Barber, (202) 293-5380 x115

Baker Indicates Great Respect for Warren

WASHINGTON - Dean Baker released the following statement today regarding a recent
article about Elizabeth Warren of the Congressional Oversight Committee
for TARP (COP):

"I was recently quoted in the New York Times as
saying that Elizabeth Warren was something of a 'loose cannon.' This was
an extremely poor choice of words on my part. I have tremendous respect
for the work that Professor Warren has done in her academic career and
even more so in her tenure as head of the COP. The point was that she is
not someone who defers to power and therefore may not make life easy
for politicians satisfied with the status quo. This was an unfortunate
choice of words on my part. Ms. Warren certainly is overwhelmingly
qualified for any position for which she may be considered."


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