Warren Reaches Out to Wall Street, Pledges Credit-Card Review

Elizabeth Warren, who President Barack Obama named an adviser to set up the Consumer Financial Protection Bureau, immediately sought to repair her relations with the financial industry and said the new agency would likely first look into credit-card marketing.

“I have more reaching out to do,” Warren said in an interview yesterday with Bloomberg Television, referring to the bankers she has criticized for taking advantage of consumers. “They are not the people I have been hanging out with for a long, long time.”