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The Guardian

Elizabeth Warren forces White House climbdown on Treasury appointment

Elizabeth Warren has torpedoed a second economic nominee by the Obama administration for being too close to Wall Street, forcing Lazard banker Antonio Weiss to pull out of the running to become undersecretary of the Treasury.
Warren, a Democratic senator from Massachusetts, led opposition to Weiss – whom Barack Obama had nominated to fill the department’s third most important post – partly on the grounds that he had advised on so-called corporate inversion deals that would allow US firms to avoid tax.