MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
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Obama nominates Richard Cordray to Lead Consumer Financial Protection Bureau
By Elusive Trope on Mon, 07/18/2011 - 12:40pm |It ain't Warren, but he looks like he is more than a fine pick for the position. From Warren's statement on the hire:
Today, the President announced his intent to nominate Richard Cordray to serve as the first Director of the CFPB. Rich has a proven track record of fighting for families during his time as head of the CFPB enforcement division, as Attorney General of Ohio, and throughout his career. He was one of the first senior executives I recruited for the agency, and his hard work and deep commitment make it clear that he can make many important contributions in leading this agency. He will make a stellar director. I am very pleased for Rich and very pleased for the CFPB.
Of course the Republicans have vowed not confirm any nominee.
URL:
http://www.huffingtonpost.com/2011/07/17/richard-cordray-cfpb-elizabeth-warren_n_900967.html
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Comments
Her thinking well of him is confidence-inspiring. I hope Obama will just go ahead and make a recess appointment if the Senate Republicans filibuster it. I also hope he and Reid will make them do that. Press coverage of that should favor Obama and hurt the Republicans, and for the right reasons.
by AmericanDreamer on Mon, 07/18/2011 - 1:00pm
One of the headlines I read said "Warren Passed Over." I am wondering if anyone knows if she actually WANTED the position, given the battle that would ensue, and therefore was actually passed over, or if she supported the nomination of Cordray.
I, for one, would LOVE to see her in the senate, so this may truly be a silver lining.
by stillidealistic on Mon, 07/18/2011 - 5:20pm
Chris Matthews just said that the rumor has it she thinking of a Senate run in MA against Brown. So who knows if she actually told Obama to not consider her because she was considering such a run, or for the other reasons you mentioned. While she would have been a great choice, she isn't the only person who would do well in the position. Not only that, there is the possibility the agency would be more successful protecting consumers without someone as controversial heading it up.
by Elusive Trope on Mon, 07/18/2011 - 5:27pm
I was an enthusiastic supporter of her getting the position and signed several petitions to that effect, plus wrote several letters on her behalf.
But, not only do I think she would make an excellent Senator, how delicious would that be to have those who opposed her so vehemently have to actually work with her every day?
by stillidealistic on Mon, 07/18/2011 - 5:59pm