Consumer Financial Protection Bureau

Auction 2012: How The Bank Lobby Owns Washington (HuffPost Politics)

January 30, 2012

By Dan Froomkin & Paul Blumenthal When Washington puts policy on the auction block, bankers are consistently the highest bidders. The industry’s most striking victory has been the watering down of post-financial crisis reforms, to the point that banks are now bigger than ever and the bonuses keep flowing. But Wall Street’s campaign spending and [...]

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Richard Cordray’s nomination fails in U.S. Senate because of dispute over Consumer Financial Protection Bureau (Cleveland Plain Dealer)

December 8, 2011

By Stephen Koff WASHINGTON, D.C. — The U.S. Senate on Thursday killed the nomination of former Ohio Attorney General Richard Cordray to head the Consumer Financial Protection Bureau, with Republicans refusing to accept any director unless the fledgling agency’s structure is revamped. President Barack Obama vowed quickly to continue his quest to get Cordray on [...]

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Teddy Roosevelt Would Recess Appoint Cordray as Wall St. Watchdog (The Nation)

By John Nichols President Obama borrowed sound rhetoric and ideas from Teddy Roosevelt when he spoke in Kansas this week. Now, Obama should borrow sound practices from the twenty-sixth president, as he responds to the intransigence of the senators who represent Wall Street rather than Main Street. Senate Republicans on Thursday blocked confirmation of former [...]

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