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Wednesday, January 04, 2012

Obama Bypasses Senate, Installs New Consumer Chief


SHAKER HEIGHTS, Ohio (AP) -- President Barack Obama says he won't take "no" as an answer from Republicans, so he's going around them to appoint the head of a new consumer protection agency.
Obama says Republicans would just keep holding Richard Cordray's nomination hostage - and the president says that's inexcusable and wrong.
He says Cordray must be in place in order for the Consumer Financial Protection Bureau to start helping consumers deal with unscrupulous mortgage companies, dishonest payday lenders, and others.

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1 comment:

Anonymous said...

It won't be long until Obama appoints himself Dictator for Life (for our own good, of course).