(CNN) - President Barack Obama said Tuesday he would veto any effort by congressional Republicans to "delay, defund or dismantle" a new consumer protection panel by blocking the confirmation of the nominated director, Richard Cordray.
"The Republicans in the Senate refuse to let him do his job," Obama said of Cordray, a former Ohio attorney general. "Why? Does anyone here think the problem that led to our financial crisis was too much oversight of mortgage lenders or debt collectors? Of course not."
Senate Republican leader Mitch McConnell, R-Kentucky, said Tuesday that Republicans will prevent a vote on Cordray's nomination until changes are made to strengthen congressional oversight of the new panel. Obama, however, said that "consumers deserve to have someone whose job it is to look out for them." To applause, he said, "I intend to make sure they do," adding that "I will veto any effort to delay, defund, or dismantle any of the new rules we put in place."
Go get 'em Obama!!!
The repukes are really out to lunch. They are not trying to hide the fact that they are protecting the rich.
Republicans want no oversight, so they can continue to scam trillions from the back of the middleclass. They want to keep the same policies that led to the "Great Recession". Anyting in the interst of 99% they will oppose. It is time to vote out those who signed the Grover Norquist pledge, aka the Replican Puppet Master!
Well said DVoice12
"consumers deserve to have someone whose job it is to look out for them." To applause, he said, "I intend to make sure they do," adding that "I will veto any effort to delay, defund, or dismantle any of the new rules we put in place."
Wooowee!! The gloves are off! You tell them MR. PRESIDENT!! Put your size 13 foot down and tell them which way we're going to row this boat!
Why would the congress need to have more oversite over a consumer protection panel? Oh that's right they want to tell them who the consumers are that they are protecting. Let the panel do its job and maybe you should think about doing yours for a change Mr. McConnell
The Republicans have lost their little pieces of minds. (Yes, I meant to say it just like that.)
Good to finally see the president sticking ity back in the face of those GOP reprobates. 2012 will see a wholesale removal of most of the tea-bag freshman in Congress' i.e. Joe Walsh, Alan West and their ilk. With any luck Bachmann and Ryan will be gone too.
President Obama: Do a recess appointment when the Repubs are on one of their many vacations!
Get it done. He will be there for at least a year if you do this. Show the Republicans that you are much
smarter then all of them combined.
What a joke of a party (REPUBES)!! They blame everyone else for the problems of this counry when it is their policies over the last 2 decades that put us in this position. Lets deregulate every industry so the average american can pay when they F(&&*CK things up, but wait, we shouldn't help the people that need help. We should give subsidies to companies that ship jobs overseas. THIS PARTY IS A JOKE AND SHOULD BE PUT OUT TO PASTURE!!
This piece of sh$t president, Obama is destroying this country. Tell him to go to $$$$ GOP.
Get them mr president!!!!!
"Senate Republican leader Mitch McConnell, R-Kentucky, said Tuesday that Republicans will prevent a vote on Cordray's nomination until changes are made to strengthen congressional oversight of the new panel." Meaning, of course, the Senate will impede the Executive branch's ability to enact policy as they see fit to the point where nothing gets accomplished: in other words, the GOP's dream of neothing for the middle class, and everything for the 1% they so doggedly defend. Its so stirring to see the heroic defense of millionaires by a party that claims to be about the average person. Their hypocrisy is nauseating.
President Obama has the courage to protect American consumers, while congressional Republicans try to protect their Wall Street fat-cats.
Let the banks regulate themselves. It has worked SO WELL so far, hasn't it?!! Banks hold TOO MUCH capital. That's why they have to be bailed out whenever the stupid bets they make turn against them!
These republican are really trying to destroy our country and we must vote all the republicans out of the office.
Boehner and McConell need to be voted out especially we will teach them not to hurt the middle class.
The middle class are the working class of america now the republican party want us to suffer.
I am calling all independent voters to vote all republicans out of the office
Axlewing, while I understand the fact that you don't like current President he still deserves respect. There seems to be a great lack of respect for anything these days. I find this Presidential campaign to be very vitriolic and to be honest, I really am not looking forward to the next 11 months of mud slinging and discourse. Makes me wonder what we are teaching our children with all of this anger and hatred.
If he feels that strongly about it, perhaps he should've appointed Elizabeth Warren during a recess instead of throwing her under the bus.
Please wake me when the republicans start giving a damn about the plight of the working class...
YES! Mr. President, you make me proud every day that I voted for you. You care about America and Americans. The GOP just want to destroy this country and are doing it piecemeal. Keep up the good work.
Republican bashing posted here betrays the emotional basis of the folks commenting. News for you: science is not as simple as you appear to believe - and climate science has a long way to go before it supports the statements made here. Einstein's well respected theories are questioned daily with other good science–the right answer is not necessarily what you "choose" to believe. Climate models have much more uncertainty than Einstein's theories. It is not good science to berate those who question. Consider the abismally tiny sample of the universe, both in time and distance that underlie our science - if you used such a tiny sample to represent anything with the certainty expressed inthese comments no statistician would support your position. Stop the bashing - there is no science behind that, on either side. Just the pot calling the kettle black. Stop not only the reckless polluting, but also the ignorant ranting at those who disagree with you. We don't need despots, we need better science and education.
Thank You Mr. President! Please stand firm!
Republican bashing posted here betrays the emotional basis of the folks commenting.
What about all of the conservatives bashing liberals?
Your words suggest that demonizing the Democratic POTUS is fine.
That is what has been missing for the last 3 years, fire! The President's approval numbers will go back up when he just flat tells Republicans what is going to happen whether they like it or not. It's what the independents mean when they say that he lacks leadership. He has tried working with them and every time they take advantage. Give them some my way or the highway for a change.
Stick it in Boehners Ear and Mcconnells whatever and make a dozen recess appointments when the congress goes home . that will spoil those two idiots Holiday. It will give Boehner a legitmate reason to hit the bottle and Mcconnell will be lost for a month or two trying to figure out what happened. Mcconnell will be at home and there won't be anyone to read and tell him what happened until they get back to DC after the appointments have been made.