Calls Mount for Up/Down Vote on Obamas CFPB Nominee Cordray
November 21, 2011
Calls increased last week for Republicans in the Senate to drop their opposition to an up-or-down vote on President Obamas nomination of Richard Cordray to be the first director of the controversial Consumer Financial Protection Bureau. Whats noteworthy is that one Republican in the Senate, Scott Brown from Massachusetts, broke ranks with the rest of his party in saying he supported the nomination. Brown may be feeling the political heat of his challenger for the Senate seat he holds, Harvard professor Elizabeth Warren, the architect of the CFPB and the first special advisor to the Treasury hired to get the new bureau up and running after its creation by the Dodd-Frank Wall Street Reform and Consumer Protection Act.