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45 GOP Senators Filibustering Consumer Protection Nominee received millions from Wall St. THIS Year

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JohnWxy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 05:16 PM
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45 GOP Senators Filibustering Consumer Protection Nominee received millions from Wall St. THIS Year

Think Progress

The Senate today is scheduled to vote on the nomination of former Ohio Attorney General Richard Cordray to head the Consumer Financial Protection Bureau, the new agency created by the Dodd-Frank financial reform law. Its unlikely, at this point, that Democrats have enough votes to overcome a Republican filibuster. Forty-five Republican senators have pledged to block any nominee until structural changes are made to the Bureau that would undermine its effectiveness.

Wall Street banks have been fighting the new agency tooth and nail, and as it turns out, the 45 Republicans who have vowed to block the agencys director have been lavished with donations from the financial services industry, as the Public Campaign Action Fund noted:


The 44 Senate Republicans who signed a letter in May pledging to filibuster any CFPB nominee (plus Sen. Dean Heller who later added his name once appointed to the Senate) have received over $6.5 million from the financial industry in 2011 and nearly $125.6 million over their careers.

Sen. Richard Shelby (R-Ala.), the ranking member of the Senate Banking committee (and lead signer of the letter), has received at least $81,850 in 2011 and $6.2 million from the FIRE sector throughout his career.
(more)

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 05:19 PM
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1. Richard Shelby is what happens when sh*t takes a crap.
nt

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Dont call me Shirley Donating Member (396 posts) Send PM | Profile | Ignore Thu Dec-08-11 05:22 PM
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2. I blame Harry Reid, he had a chance to do something about the filibuster
twice and he didn't!
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 05:24 PM
Response to Reply #2
5. Shirley,
Edited on Thu Dec-08-11 05:25 PM by Jackpine Radical
you jest.

:hide:
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Old and In the Way Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 05:24 PM
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3. Recess the appointment.
How many more clues do the American voter and 99%er's need to figure out which Party is in the bag for the same players that imploded our economy?
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alp227 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 07:48 PM
Response to Reply #3
7. Problem is that a Republican Senator will just invoke a pro forma session
Edited on Thu Dec-08-11 07:48 PM by alp227
to prevent the day from being labeled adjournment. It has happened in August. Unless all the Senators would rather celebrate Christmas with family/friends than play politics that time.
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BOHICA12 Donating Member (231 posts) Send PM | Profile | Ignore Thu Dec-08-11 05:24 PM
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4. As long as the Democratic Senators have received $0.00 ...
Edited on Thu Dec-08-11 05:25 PM by BOHICA12
...then the argument has validity. In general it all stinks!
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Old and In the Way Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 05:29 PM
Response to Reply #4
6. I think we already know which 'Democrats' will side with the Republicans.
The usual suspects: Landrieau, Nelson, and well know liberal Independent, Joe Lieberman. As usual, the republicans will avoid a vote to go on the record...a more cowardly bunch of obstructionists, I've never seen, in my 40 years of following national politics.
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populistleftist1 Donating Member (35 posts) Send PM | Profile | Ignore Thu Dec-08-11 08:10 PM
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8. how many $ went to Dem senators who refuse to do away with filibustering ....
and return the senate to a simple 51 majority?

The Dems can easily do away with filibustering. Why not? MONEY, honey!
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classysassy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-09-11 07:28 PM
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9. How long will this criminal activity continue ?
Elected officials taking bribes from special interest groups,those greedy boys and girls take an oath but it seem to mean nothing to them.Wake up citizens and remove those crooks from congress,they are a cancer on our country.
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