Archive for January 10th, 2012

January 10, 2012

Why does GOP want to KO the CFPB?

  President Obama riled Republicans this past Wednesday with his “recess” appointments of four long-blocked agency nominations. The most hair raising for the GOP was the President’s appointment of Richard Cordray to the Consumer Financial Protection Bureau, an agency congressional Republicans have opposed since its inception. The President’s actions drew further anger due to questions as to whether the Senate was technically in recess. Were these appointments a response to consistent blockage of the confirmation process? What is behind the ardent GOP opposition to the CFPB and other agency appointees?

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