At Democracy Now!, Amy Goodman asked Ralph Nader for his thoughts on Obama’s passing over of Elizabeth Warren regarding the Consumer Financial Protection Bureau:

RALPH NADER: Well, our spineless president speaks again with a forked tongue. He talks about a tough agency, and he’s just thrown overboard the toughest federal cop on corporate crime, fraud and abuse against millions of Americans’ pensions and savings, and then tries to convince people that he’s really being tough against Wall Street. He’s basically a political coward. And the problem with that is not just detonating Elizabeth Warren’s career culmination of heading the agency that she conceived and built out of the Treasury Department in the last few months, but he’s signaling once again to the rogue Republicans in Congress that he has no backbone, that he’s going to cave. And that’s what he’s been doing. He threw Van Jones overboard, because Glenn Beck attacked—of all people—attacked Van Jones, his assistant in the White House. He doesn’t stand by his people, unless these people stand for Wall Street, like William Daley, Timothy Geithner, Larry Summers. You’d think he’d give at least one post—one post—to the consumer constituency, the liberals and progressives, that brought him to the White House. But that is not the way he calculates it.