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Fri Feb 1, 2013, 04:07 PM

Republicans pledge to block Obama's pick to head consumer bureau

Source: Reuters

Republicans pledge to block Obama's pick to head consumer bureau

By Emily Stephenson

WASHINGTON | Fri Feb 1, 2013 3:14pm EST

(Reuters) - Senate Republicans on Friday pledged to block President Barack Obama's choice to lead the consumer finance watchdog until Democrats agree to restructure it, ramping up an expected fight this year over the controversial new bureau.

The group of 43 Republicans, led by minority leader Mitch McConnell of Kentucky and Mike Crapo, an Idaho senator who is the top Republican on the banking committee, said the Consumer Financial Protection Bureau lacks congressional oversight.

Last week, Obama re-nominated Richard Cordray to lead the bureau. Cordray received a temporary appointment as director last year, but his position expires at the end of 2013.

"As presently organized, the CFPB is insulated from congressional oversight of its actions and its budget," the Republicans said. "Far too much power is vested in the sole CFPB director without any meaningful checks and balances."


Read more: http://www.reuters.com/article/2013/02/01/us-financial-regulation-director-idUSBRE91016V20130201

19 replies, 3666 views

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Replies to this discussion thread
Arrow 19 replies Author Time Post
Reply Republicans pledge to block Obama's pick to head consumer bureau (Original post)
Judi Lynn Feb 2013 OP
sakabatou Feb 2013 #1
Botany Feb 2013 #2
AsahinaKimi Feb 2013 #3
Botany Feb 2013 #6
AsahinaKimi Feb 2013 #8
Purveyor Feb 2013 #4
lobodons Feb 2013 #5
freshwest Feb 2013 #9
rhett o rick Feb 2013 #13
bowens43 Feb 2013 #7
Cha Feb 2013 #10
jzodda Feb 2013 #11
SoapBox Feb 2013 #12
Gidney N Cloyd Feb 2013 #14
PSPS Feb 2013 #15
markpkessinger Feb 2013 #16
defacto7 Feb 2013 #17
markpkessinger Feb 2013 #18
rachel1 Feb 2013 #19

Response to Judi Lynn (Original post)

Fri Feb 1, 2013, 04:09 PM

1. They don't care about the US

Only about stopping Obama. Fuckers.

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Response to Judi Lynn (Original post)

Fri Feb 1, 2013, 04:12 PM

2. And this is the side that Harry Reid cut a deal w/?

these fuckers act like they won the last election by a landslide.

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Response to Botany (Reply #2)

Fri Feb 1, 2013, 04:14 PM

3. I was thinking about kids playing football..

When one is upset how the game is going, and takes his football and goes home.

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Response to AsahinaKimi (Reply #3)

Fri Feb 1, 2013, 04:23 PM

6. If they hadn't gerrymandered the congressional districts in Ohio, Michigan,

Pennsylvania, Florida, and Wisconsin then we would have had control of
the House too. Obstructionism is not really governing but to the Republicans
that (obstructionism) and trashing the economy is their path back into power.

Bottom line they are at their heart very un-American.

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Response to Botany (Reply #6)

Fri Feb 1, 2013, 04:31 PM

8. Agree...

By the way.. beautiful image you posted. The Japanese Crane is part of my ancestry...This is our family crest:

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Response to Judi Lynn (Original post)

Fri Feb 1, 2013, 04:17 PM

4. How's that 'filibuster reform' working out for you now Harry. Watch for them to pull this stunt

with Hagel.

Pending...

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Response to Judi Lynn (Original post)

Fri Feb 1, 2013, 04:21 PM

5. Recess appointment again

F'em. Do another recess appointment. (SCOTUS will eventually rule they are Constitutional anyway.)

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Response to lobodons (Reply #5)

Fri Feb 1, 2013, 04:45 PM

9. +1,000

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Response to lobodons (Reply #5)

Fri Feb 1, 2013, 05:27 PM

13. But cant the Republicans keep the Senate "running" all the time. Not take an

official recess but continue the session.

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Response to Judi Lynn (Original post)

Fri Feb 1, 2013, 04:23 PM

7. Thanks Harry , you bumbling idiot......

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Response to Judi Lynn (Original post)

Fri Feb 1, 2013, 04:46 PM

10. they blocked Elizabeth Warren, too.. and now she's the Senior Senator

from MA.

Thanks Judi Lynn

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Response to Judi Lynn (Original post)

Fri Feb 1, 2013, 04:53 PM

11. Well we all know that due to fillibuster reform they can't do this.

O wait

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Response to Judi Lynn (Original post)

Fri Feb 1, 2013, 05:25 PM

12. And this is a surprise?

From The Party of NO!

zzzzzzzz

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Response to Judi Lynn (Original post)

Fri Feb 1, 2013, 05:45 PM

14. Thug opposition to this bureau should be shouted from the mountaintops.

Make 'em wear it around their necks (their necks aren't doing much else anyway).

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Response to Judi Lynn (Original post)

Fri Feb 1, 2013, 07:55 PM

15. "the controversial new bureau"

Senate Republicans on Friday pledged to block President Barack Obama's choice to lead the consumer finance watchdog until Democrats agree to restructure it, ramping up an expected fight this year over the controversial new bureau.

Controversial? Only in the RW media bubble. It's what the people both want and need. But, because we have a corporatocracy, anything that interferes with predatory business practices is declared "controversial."

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Response to Judi Lynn (Original post)

Fri Feb 1, 2013, 09:33 PM

16. We can complain about Republicans all we want . . .

Republicans will do what Republicans will do, but when the Senate majority leader of our own party has an opportunity to act in a way that could have put an end to this nonsense, it is time to realize that the biggest obstacle to Democratic legislative success is not the GOP, but some of our very own elected leaders.

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Response to markpkessinger (Reply #16)

Sat Feb 2, 2013, 12:03 AM

17. "the biggest obstacle to Democratic legislative success is not the GOP"

No. Not the biggest obstacle, but definitely an obstacle.

"is not the GOP" ... is not necessarily the GOP.

I don't mean to be difficult but overstating it is a problem for me. We need to know who the enemy is and where our own problems lie, not start making our party out to be the "biggest" problem.

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Response to defacto7 (Reply #17)

Sat Feb 2, 2013, 12:06 AM

18. That's a fair point. n/t

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Response to Judi Lynn (Original post)

Sat Feb 2, 2013, 08:12 PM

19. Just recess-appoint all the nominees. Negotiating with rethugs is pointless anyway.

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