Elizabeth Warren is now the head of the Consumer Financial Protection Bureau. What should she tackle first? Credit card practices? Mortgages? Student loans? Send your assignments for Warren.

The CEOs of the country's major banks came under a grilling yesterday, as the Financial Crisis Inquiry Commission kicked off hearings on the causes of last year's economic meltdown. We get reaction from Elizabeth Warren, who heads the group charged with overseeing the U.S. banking bailout, the Congressional Oversight Panel. 

Try to imagine tracking $700 billion dollars as it moves out the doors of the United States Treasury Department and into the coffers of America's biggest banks. That's essentially the charge of our guest, Elizabeth Warren. Warren, the Gottlieb Professor of Law at Harvard University, is the Chairwoman of the Congressional Oversight Panel, which watches where the TARP money goes. When President Obama talks about transparency, she's the one who helps make it happen. She joins The Takeaway in advance of a new TARP report due out today.

For more from Elizabeth Warren, click here for her interview on personal finance

Which banks will need more money? See our report card