President To Just Go Ahead And Appoint Cordray As Financial Protection Chief

President To Just Go Ahead And Appoint Cordray As Financial Protection Chief

It’s been nearly six months since President Obama picked former Ohio Attorney General Richard Cordray as his nominee to head the recently created Consumer Financial Protection Bureau. But with Senate Republicans continuing to block a vote on Cordray’s appointment, the President has decided to go ahead and use his authority to fill the position by making a recess appointment. [More]