WASHINGTON — Frank Keating, the head of the American Bankers Association, on Tuesday quickly reneged on his endorsement of Elizabeth Warren as director for the Consumer Financial Protection Bureau within hours of saying the trade group would "be fully supportive" of her nomination.
In a telephone interview, Keating said his earlier statement to reporters after his first speech before the Women in Housing and Finance was only if Warren was nominated by the president and confirmed by the Senate. The remark was not made in regards to her potential nomination, Keating said.
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