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Thursday, December 08, 2011
Senate Expected To Vote Down Consumer Financial Protection Bureau Nominee
The Senate will probably vote down President Obama's nominee to head the Consumer Financial Protection Bureau. Richard Cordray has been working at the new agency in a staff position. The 47 Republican senators are nearly unanimous in their opposition, so Cordray is unlikely to get 60 votes. Balloting takes place today. Sen. Orrin Hatch (R-Utah) says his party's opposition is not to Cordray personally. Republicans think the Bureau should not be managed by a single director. They are pushing for a bipartisan set of commissioners, similar to the FCC.
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"The 47 Republican senators..."
47 is less than half of 100, so in normal math, and normal rules, the Democrats should be able to get this. Why is the Senate so backwards? And, more importantly, if there were only 47 Democrats in the Senate, would it be impossible for the GOP to get anything done?
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