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January 4, 2012 Obama to jam new consumer bureau chief down senate's throatThe senate has never technically adjourned since they left town right before Christmas. This has been a Republican ploy to prevent President Obama from appointing Richard Cordray as head of the new Consumer Financial protection Bureau during a formal recess. The GOP wants changes made to the structure of the Bureau which promises to generate a nightmare of red tape and legal exposure for financial services firms and consumers alike. Despite the senate's non-recess, Obama - as has been his wont - is ingoring the rules and will try to appoint Cordray anyway.
I'm not exactly sure how the White House can do this - except they seem to get away with stuff like this on a regular basis simply by declaring themselves above the rules. Is this one more indication of the dysfunction of our politics? Or is it emblematic of an administration who flouts the law in order to achieve its goals? |
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