CFPB Director Richard Cordray.

Republicans: Expect Legal Challenges To Richard Cordray's 'Invalid' Appointment As CFPB Head

Republican senators have a buzzy little bee in their collective bonnets over the appointment of Richard Cordray as the director of the Consumer Financial Protection Bureau. See, they’re mad that President Obama took it upon himself to finalize the deed while the Senate was in recess, and say his “invalid” appointment will hurt business. [More]