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President Obama pushes fight for Richard Cordray
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| Parent(s) |
Candidate
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| Contributor | Monsieur |
| Last Edited | Monsieur Dec 05, 2011 11:06am |
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| Category | News |
| Author | Glenn Thrush and Josh Boak |
| News Date | Monday, December 5, 2011 05:05:00 PM UTC0:0 |
| Description | President Barack Obama is targeting Red State Republican senators opposed to Richard Cordray’s nomination as director of the new Consumer Financial Protection Bureau — part of his larger strategy to portray the GOP as pawns of Wall Street.
Cordray, a well-regarded former Democratic Ohio attorney general and five-time Jeopardy! champion, is likely to be voted down Thursday by a filibuster-proof bloc of GOP senators who don’t want anyone at the helm of the watchdog until the agency’s powers are restricted.
That stance, Obama advisers believe, puts GOP senators at risk from constituents who want to see the agency crack down on the financial services industry, especially payday lenders.
“We intend to aggressively take the case for Mr. Cordray’s nomination directly to the American people,” deputy press secretary Josh Earnest said Sunday — ahead of Obama’s Tuesday visit to red Kansas. |
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