Krystal L. Green

Single At 40

Depression

Do You Know The Signs?

Living With Diabetes

Silverlady's Road Of Discovery

Beat Breast Cancer

Reduce Your Risk

Natural Beauty

Tips for Traveling

Showing posts with label Richard Cordray. Show all posts
Showing posts with label Richard Cordray. Show all posts

Jan 4, 2012

President Appoints Cordray to Head CFPB

President Obama in Shaker Heights, Ohio, with Richard Cordray, whom he appointed Wednesday to lead the Consumer Financial Protection Bureau.

Here's the story of the Senate's rejection of the President's nominee before the recess apointment:

The Senate rejected Richard Cordray, President Obama's nominee to head the newly formed Consumer Financial Protection Bureau (CFPB). There was little mystery to the vote -- 44 Republicans pledged in May to block his nomination. The final tally was 53-45, with Republican Olympia Snowe of Maine voting "present." Sen. Scott Brown of Massachusetts, facing the bureau's inventor Elizabeth Warren, was the lone dissenting GOP vote.

Republicans don't like the agency, so they've fought to hamper it by refusing to approve any one as its Director. Once again, they've made new rules and confirm they'll do anything to protect the rich and stick it to the middle class.

Share

Twitter Delicious Facebook Digg Stumbleupon Favorites More