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Wed Jul 17, 2013, 06:17 PM

Obama Celebrates his Victory in Nomination Fight: Richard Cordray

Snip***

He had a reason to smile. The event was Obama’s victory lap after the figurative nuclear brinksmanship in the Senate this week ended largely in the president’s favor. The CFPB is viewed by Democrats as a key part of the president’s legacy, and Obama was clearly happy to win the long fight over a permanent director.

For two years, Republicans in the Senate refused to give Rich a simple yes or no vote. Not because they didn’t think he was the right person for the job, but because they didn’t like the law that set up the consumer watchdog in the first place,” Obama said. “Yesterday, Richard was official confirmed.”

The Senate confirmed Cordray after Republicans backed off their plan to deny Obama a CFPB director until Democrats agreed to dramatically alter the law governing the agency. The GOP obstruction plan kept Elizabeth Warren, Obama’s first CFPB nominee, out of the job and eventually drove Warren to her successful Democratic Senate bid in Massachusetts.

End Snip***

http://www.buzzfeed.com/evanmcsan/obama-celebrates-his-victory-in-nomination-fight?utm_source=dlvr.it&utm_medium=twitter





http://theobamadiary.com/2013/07/17/chat-away-198/

THIS IS POSTED IN THE BARACK OBAMA GROUP

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Arrow 18 replies Author Time Post
Reply Obama Celebrates his Victory in Nomination Fight: Richard Cordray (Original post)
Cha Jul 2013 OP
Cha Jul 2013 #1
Cha Jul 2013 #2
sheshe2 Jul 2013 #3
Cha Jul 2013 #4
sheshe2 Jul 2013 #5
Cha Jul 2013 #6
sheshe2 Jul 2013 #9
Cha Jul 2013 #10
Politicub Jul 2013 #7
Cha Jul 2013 #8
grantcart Jul 2013 #11
Cha Jul 2013 #12
sheshe2 Jul 2013 #14
Cha Jul 2013 #16
sheshe2 Jul 2013 #17
Cha Jul 2013 #18
Major Hogwash Jul 2013 #13
Cha Jul 2013 #15

Response to Cha (Original post)

Wed Jul 17, 2013, 06:56 PM

1. “While we’re on the subject of nominations…”



“Senator Reid’s leadership was obviously instrumental in getting this done and I couldn’t be more grateful to him.”

Ladies and Gentlemen I give you, Richard Cordray~



Mahalo, The Obama Diary~

http://theobamadiary.com/2013/07/17/chat-away-198/

BOG

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Response to Cha (Original post)

Wed Jul 17, 2013, 07:36 PM

2. VP Biden Swears in CFPB, Richard Cordary with/Kathleen Sebelius


@VP: PHOTO:VP swears in Richard Cordray as the Director of the @CFPB this morning in his WW office w/ @Sebelius (WH Photo)

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Response to Cha (Original post)

Wed Jul 17, 2013, 08:04 PM

3. Excellent, Cha!!!!!

What a great day for Obama and Cordray....and Consumer Protection!!!!!

I just love their smiles.

The second picture with Warren. Hmmm I would say they are sharing an inside joke and the joke is on the Repubes! Gotcha!

Thanks Cha,

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Response to sheshe2 (Reply #3)

Wed Jul 17, 2013, 08:11 PM

4. Mahalo, she! I'm so glad someone else is

interested in this Confirmation of Richard Cordray... it's only been 2 years coming!

And, for Consumer Protection! YAY!

PBO has a smile like the cat who ate the canary lol bad Obama And, Richard Cordray like he absolutely Loves that he gets to start his job already! Did you get a chance to see his short vid, yet?

You know Elizabeth Warren is one Happy Senator!

BOG

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Response to Cha (Reply #4)

Wed Jul 17, 2013, 08:45 PM

5. I did watch the vid short and sweet!




“Four years ago, even as we were working on restoring the economy and dealing with the immediate crisis,” President Obama said, “we also wanted to figure out how do we set new rules for the road to make sure that a few bad apples in the financial sector couldn't break the law, or cheat consumers, or put the entire economy at risk.”

Those efforts led to the creation of the CFPB in 2011, and two years ago this week, President Obama first nominated Cordray to run the new agency. But the Senate wouldn't vote on his confirmation, and the CFPB was severly hampered without a director, President Obama said.

The CFPB wasn’t able to give consumers the information they needed to make good, informed decisions. Folks in the financial system who were doing the right thing didn’t have much certainty or clear rules of the road. And the CFPB didn’t have all the tools it needed to protect consumers against mortgage brokers, or credit reporting agencies, or debt collectors who were taking advantage of ordinary Americans.
President Obama took action to temporarily appoint Cordray as Director so CFPB could get to work. And as a result, President Obama said, Americans everywhere are better off.

Today, if you want to take out a mortgage or a student loan or a payday loan, or you’ve got a credit reporting agency or debt collector who’s causing you problems -- maybe they're not playing by the rules, maybe they're taking advantage of you -- you have somewhere to go. The CFPB has already addressed more than 175,000 complaints from all across the nation, giving people an advocate who is working with them when they're dealing with these financial institutions that may not always be thinking about consumers first.


more~

http://www.whitehouse.gov/blog/2013/07/17/senate-confirms-richard-cordray-consumer-watchdog

BOG Cha~

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Response to sheshe2 (Reply #5)

Wed Jul 17, 2013, 09:08 PM

6. Great pic, she.. get more of a perspective..

The CFPB wasn’t able to give consumers the information they needed to make good, informed decisions. Folks in the financial system who were doing the right thing didn’t have much certainty or clear rules of the road. And the CFPB didn’t have all the tools it needed to protect consumers against mortgage brokers, or credit reporting agencies, or debt collectors who were taking advantage of ordinary Americans.
President Obama took action to temporarily appoint Cordray as Director so CFPB could get to work. And as a result, President Obama said, Americans everywhere are better off.

Today, if you want to take out a mortgage or a student loan or a payday loan, or you’ve got a credit reporting agency or debt collector who’s causing you problems -- maybe they're not playing by the rules, maybe they're taking advantage of you -- you have somewhere to go. The CFPB has already addressed more than 175,000 complaints from all across the nation, giving people an advocate who is working with them when they're dealing with these financial institutions that may not always be thinking about consumers first.

"Somewhere to go"! how Important is that!

Mahalo for the report from the White House and the pic, she!

BOG she

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Response to Cha (Reply #6)

Wed Jul 17, 2013, 10:49 PM

9. We are winners one and all today!

And a big round of applause to Senator Harry Reid for making this vote happen!



http://theobamadiary.com/



BOG Cha

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Response to sheshe2 (Reply #9)

Wed Jul 17, 2013, 10:56 PM

10. lol.. poor Senator Reid does look

exhausted!

mahalo for that depictive 'toon, she.

to Harry Reid, she!

BOG

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Response to Cha (Original post)

Wed Jul 17, 2013, 09:11 PM

7. Wonderful!

Time for Cordray to kick some serious unscrupulous lender ass!

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Response to Politicub (Reply #7)

Wed Jul 17, 2013, 09:16 PM

8. This is Huge, Politicub.. mahalo

for your enthusiasm!

to Consumer Peeps! Who isn't one?

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Response to Cha (Original post)

Thu Jul 18, 2013, 02:17 AM

11. And this is a BFD, to quote the VP

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Response to grantcart (Reply #11)

Thu Jul 18, 2013, 04:57 PM

12. My point from yesterday, grant.. It's a Huge BFD!


Sen. Elizabeth Warren embraces Richard Cordray following a statement by President Barack Obama on Cordray’s confirmation as director of the Consumer Financial Protection Bureau, July 17

http://theobamadiary.com/2013/07/18/rise-and-shine-557/

BOG

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Response to Cha (Reply #12)

Thu Jul 18, 2013, 10:19 PM

14. Oh I love that victory hug!

.....two frickin long years!

However, that's okay now, Richard Cordray and Elizabeth Warren are ENERGIZED. They are going to kick some serious butt over the next three years!

The Repukes and their buddies ain't seen nothing yet!

BFD is right!!!





Thanks Cha

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Response to sheshe2 (Reply #14)

Thu Jul 18, 2013, 10:37 PM

16. Great pics of Senator Elizabeth Warren and the CFPB Director, eh,

Ms Mass?!

In knowing the long history.. from PBO wanting Elizabeth to run this valuable service for Americans but he doesn't get her because the gop cave people are Dead Set Against It.. so EW goes back to Mass and wins a long hard fought election against incumbent, scott racist brown.

Then PBO wants Richard(Rich) Cordray and we know what happend then for two years.. so here we are.. Finally where the Real Work Begins.

BOG she~

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Response to Cha (Reply #16)

Thu Jul 18, 2013, 10:48 PM

17. What goes around, comes around, Cha...

Poor poor pitiful REPUKES...fail.

However because of them we have a twofer!

Mass wins, CFPB wins.... and Obama wins!!!!

We will we will rock you!

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Response to sheshe2 (Reply #17)

Thu Jul 18, 2013, 11:05 PM

18. Good Point, she.. the gop, in their

infinite mean spiritedness, have a way of getting boomeranged for their trouble.

That's a Threefer or a Fourfer.. including the collective, Amercian Peeps.. rofl mahalo gop.

she

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Response to Cha (Original post)

Thu Jul 18, 2013, 07:37 PM

13. This is a great picture.

I've never seen one quite like it before.
Like President Obama couldn't keep from smiling, but was trying not to smile really wide where you could see his teeth.
You nailed it when you said he looked like the cat that ate the canary.

He's the coolest President we've had since JFK was in office.
That's a long time.
A mighty long time.

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Response to Major Hogwash (Reply #13)

Thu Jul 18, 2013, 10:28 PM

15. Yes, Major.. PBO is so friggin Happy that he Finally got Richard

Cordray as his Consumer Financial Protection Bureau Director! His face couldn't help it!

I only learned about what Pres Kennedy did many many years after he was in Office. I wasn't paying attention to our Government for decades until the 3rd Millenium election. Whew.

Making up for lost time.

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