Friday, January 6, 2012

Elizabeth Warren supports Richard Cordray as head of Consumer Financial Protection Bureau, says Senate Republicans want to undermine agency | masslive.com

Warren Wrote:
"Republicans never had any substantive objections to Mr. Cordray, the very qualified former Attorney General of Ohio. Instead, Senate Republicans blocked a confirmation vote for anyone to head up the consumer agency. Instead of implementing the law as written, Senate Republicans tried repeatedly to undermine the agency’s effectiveness and to frustrate efforts to hold the big banks accountable for bringing our economy to its knees.
"The President made every effort to present a candidate for a Senate vote, but he was right not to let Senate Republicans block full implementation of the consumer agency. Senate Republicans will surely complain about the recess appointment, but their refusal to allow an up or down vote on Cordray's nomination is just another example of the political games in Washington that must end.
"It's time the big banks and their allies acknowledge the urgent need for change. It is time to work with Richard Cordray as he promotes basic, common sense rules to level the playing field for consumers.
LP - Elizabeth Warren supports consumer protection. The only difference is she's been a liberal all along. Scott Brown's been one for the last couple of weeks as he fights to save Massachusetts jobs, namely his. She has made him be responsive to his Massachusetts constituency at least until he is safely ensconced in the senate for another six years.

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