Senate GOP Chooses Big Banks Over Consumers, Blocks Cordray Nomination

[G_j]

http://www.commondreams.org/newswire/2011/12/08-3


FOR IMMEDIATE RELEASE
December 8, 2011
11:50 AM
CONTACT: People For the American Way (PFAW)

Miranda Blue or Justin Greenberg
202-467-4999 / [email protected]

PFAW: Senate GOP Chooses Big Banks Over Consumers, Blocks Cordray Nomination


WASHINGTON - December 8 - In a nearly party-line vote today, Senate Republicans continued to block the nomination of Richard Cordray to head the Consumer Financial Protection Bureau. The Bureau has had to function without a leader since its establishment last year, preventing it from doing critical parts of its work. 45 Senate Republicans signed a letter in May refusing to confirm any nominee to the post unless the Bureau’s power to protect consumers is substantially weakened.

“Today’s vote is extremely disappointing,” said Marge Baker of People For the American Way. “Senate Republicans are blocking a perfectly qualified and moderate nominee simply because they don’t want the Consumer Financial Protection Bureau to do its job. This is cynical, crony politics at its worst. The CFPB was created to ensure that American consumers have a strong advocate in the financial sector, which has too often viewed the life savings of millions as the means to huge profits for a few. Republicans, however, would rather protect their friends at big banks than the consumers whose money those big banks rely on.

“Two days ago, it was the D.C. Circuit that Senate Republicans sabotaged when they blocked a vote on highly qualified nominee Caitlin Halligan. Whether it’s through the courts or through the executive branch, Republicans are closing off Americans’ ability to assert their rights.”


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[femrap]

1. They're so scared

of him. He's a Big Jeopardy winner. And a man of Integrity.

He was a great leader here in Ohio. I see him as Governor of Ohio someday...and hopefully President.

[wiggs]

2. If he was a horse show judge they would have approved. nt

[banned from Kos]

3. Ha! Good line! yeah, Bushy's FEMA head judged horses (some may not know)

Brownie!

And FEMA was a mess.

[Enthusiast]

5. Ol' "Good Job Brownie!"

[Major Hogwash]

4. The GOP has blocked President Obama's appointments for almost 3 years now.

And this is why they must be thrown out of office.

They don't care about fixing anything in this country because they want the status quo to continue -- corporations raking in big bucks at record levels, the rich keep getting richer, and so they have blocked, stalled, or stopped nearly everything that President Obama has attempted to do in the last 3 years to fix the problems that the Bush administration left for him to deal with.

[ChoppinBroccoli]

6. He'll Be Ohio's Governor In 2014

I'm calling it right now. Actually, I've made that prediction before. You can't keep a good man like this down (I know him a little bit--my wife worked for him when he was Attorney General, and his wife was my Evidence professor in Law School). He'll give Ka-suck a whoopin' that will make the SB 5 loss he took last month look like a walk in the park. I'd say that it would be an embarrassment to Ka-suck, but I don't think he ever intended to be re-elected in the first place. I think his plan all along has been to ruin Ohio's economy, push through a far-right agenda that will leave Ohio a smoking hole in the ground, line the pockets of himself and all his buddies, and then run off to some cushy "consultant" job with all of our money.

[G_j]

8. that would be good

the man seems to have a lot of integrity and smarts.

[mod mom]

7. Sickening, Cordray is a good man.

:mad: