Elizabeth Warren, Known, and Maybe Feared, on National Stage - NYTimes.com

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BOSTON — When Elizabeth Warren created the Consumer Financial Protection Bureau in Washington two years ago and sought to become its director, she was fiercely opposed by Republican senators who feared she had a visceral loathing of financial institutions and would be a thorn in their sides.

President Obama was so convinced she could not win Senate confirmation that he did not even bother to nominate her.
Now, Ms. Warren, 63, is returning to Washington as a member of the very club that sought to block her and dilute the power of her consumer bureau. She got there by campaigning against the big banks and lobbyists, the millionaires and billionaires who, she said, rigged the system against the middle class.

The question now is how she will approach her job as the newly elected Democratic senator from Massachusetts. How will she interact with those who spurned her? How can she most effectively fulfill the populist promise of her candidacy while serving in an institution that runs on seniority and prefers deference to defiance?

So far, she has sent mixed signals. As she thanked her campaign workers in her victory speech on election night, she said, “You took on the powerful Wall Street banks and special interests, and you let them know you want a senator who’ll be out there fighting for the middle class all of the time.”

But shortly thereafter, she spoke of compromise and balance and said she had learned the importance of bipartisanship from her Republican opponent, Senator Scott P. Brown.

On Thursday, at her first formal news conference since the election, the normally feisty and loquacious Harvard law professor was about as low-key as she could get without disappearing. She responded to some questions with just a word or two. She would not say what committee assignments she might seek. Even on the subject of the record number of women in the Senate, a response had to be dragged out of her. (Twenty is better, she said, but not good enough.) Ms. Warren is a quick study, and perhaps she had already learned that campaigning is different from legislating. After the news conference, she told a smaller group of reporters that as a senator she needed to be discreet.

“Listen,” she said, “all I can say is I was a lot more discreet as a candidate than I was in real life.” She then turned to an aide. “Can I say that?” she asked. “Maybe it’s indiscreet to talk about discretion.”

Bankers and Wall Street types might be surprised to hear that during the campaign Ms. Warren held herself in check.

“Wall Street C.E.O.’s — the same ones who wrecked our economy and destroyed millions of jobs — still strut around Congress, no shame, demanding favors and acting like we should thank them,” Ms. Warren declared in her prime-time speech at the Democratic National Convention.

That was the Elizabeth Warren who earned the adoration of millions of people across the country, the one who spoke truth to power and was not worried about sounding indiscreet. And it is what they expect of her now that she has a powerful new platform in Washington.

“Elizabeth Warren is a doer,” said Neil Barofsky, who, as the special inspector general for oversight of the bank bailouts, worked with Ms. Warren and wrote about her in his book, “Bailout.” He added, “I think she would suffocate if she went down to the Senate and kept her head down and played nice and made compromises.”

originally published: http://www.nytimes.com/2012/11/11/us/politics/elizabeth-warren-known-and-maybe-feared-on-national-stage.html?ref=us&_r=0&pagewanted=print#h[BWEBWE]