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Barney Frank: Recess appointment likely for CFPB job

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sasha031 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-11 10:23 PM
Original message
Barney Frank: Recess appointment likely for CFPB job
Republicans have made killing the Consumer Financial Protection Bureau a primary goal in their efforts to undo everything President Obama and Democrats managed to accomplish in the first two years of his term. To that end, Senate Republicans have vowed to filibuster any candidate for the CFPB unless the agency is gutted and made essentially powerless.
In the wake of that threat, Rep. Barney Frank, co-author of the Dodd-Frank Wall Street reform bill that became law last year, says it's likely President Obama will make a recess appointment to the Consumer Financial Protection Bureau.

Frank, speaking to reporters, said the announcement by the Republicans has freed President Barack Obama to ignore them and name a CFPB director during a Senate recess, which would avoid the difficult confirmation process. "I assume they will now make a recess appointment," he said.
A panel in the Republican-controlled House of Representatives last week approved a bill that would weaken the CFPB. Like much of the GOP's anti-Dodd-Frank agenda, the measure was expected to stall in the Democratic-controlled Senate, with Obama's veto pen looming in the background.
http://www.dailykos.com/story/2011/05/12/975181/-Barney-Frank:-Recess-appointment-likely-for-CFPB-job?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+dailykos%2Findex+%28Daily+Kos%29&utm_content=Twitter
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OnyxCollie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-11 10:34 PM
Response to Original message
1. But, but, think of the republicans!
They might get mad.

Better keep the powder dry.
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sasha031 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-11 11:15 PM
Response to Reply #1
5. my question is if Bareny takes the position, would I lose my Congressman
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OnyxCollie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-11 11:26 PM
Response to Reply #5
8. Yeah, probably.
Would your governor appoint someone? Is that how it works?
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liberalla Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-13-11 12:27 AM
Response to Reply #5
9. I'm hoping Elizabeth Warren is appointed.
She's the best one for the job - And then she can run for President in 2016!

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stevedeshazer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-11 10:36 PM
Response to Original message
2. Sweet. +1
Long live Elizabeth Warren.
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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-11 10:44 PM
Response to Reply #2
4. I second that....
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Snoutport Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-11 11:19 PM
Response to Reply #2
7. 3rd that
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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-11 10:39 PM
Response to Original message
3. Another slot to fill with a helpful person from Goldman Sachs
Goldman Sachs will soon be half empty at this rate.
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Rage for Order Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-11 11:17 PM
Response to Original message
6. Paging Ms. Elizabeth Warren!
:patriot:
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pinkkillersheep Donating Member (155 posts) Send PM | Profile | Ignore Fri May-13-11 02:11 AM
Response to Original message
10. Throw my vote in for Elizabeth Warren
I love her. She's one of my personal heroes (right up there with Rep. Anthony Weiner).
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