Obama to name Cordray as consumer bureau chief
January 4th, 2012
10:26 AM ET
6 years ago

Obama to name Cordray as consumer bureau chief

(CNN) - In a move that has angered Republicans, President Obama is expected on Wednesday to make a recess appointment of Richard Cordray to be the first director of the Consumer Financial Protection Bureau, sidestepping the Senate confirmation process, a senior administration official tells CNN.

The president is expected to make the official announcement at a 1:15 p.m. ET speech in Ohio, where Cordray served as attorney general.


Filed under: President Obama
soundoff (54 Responses)
  1. GI Joe

    Before you haters even start:

    Obama has made 18 recess appointments in 3 years.
    Regan made 46 recess appointments in 1 year (1988)
    W. Bush made a total of 171 recess appointments

    So at least do some preliminary research before you start with the accusations and name-calling. You'll appear less ignorant (maybe).

    January 4, 2012 10:34 am at 10:34 am |
  2. TomInRochNY

    Well, at least Obama is doing something. Now if we can only get congress to do its job. I'm not holding my breath.

    January 4, 2012 10:41 am at 10:41 am |
  3. Truth and Nothing But the Truth

    The dictator decides he doesn't need to work with our elected representatives yet again. Thank God we only have to endure one more year of this lawless clown.

    January 4, 2012 10:46 am at 10:46 am |
  4. KatR

    Way to go Mr. President! Keep fighting for us!

    January 4, 2012 10:47 am at 10:47 am |
  5. FLIndpendent

    Mr. President, it is now so obvious that the only way you're going to get things done and move this country forward is to do it yourself! It's almost too bad that you're not a dictator as the Repub/Tea Party Congress refuses to work with you and help the citizens that put them in their positions – it's a real shame! The picture is getting clearer every day and you won't have a thing to worry about for a reelection.

    January 4, 2012 10:57 am at 10:57 am |
  6. george of the jungle

    Thanks GI Joe but for the repos it won't do any good.The president just needs to keep keepen on while they bash each other athe these primarys.

    January 4, 2012 10:58 am at 10:58 am |
  7. rs

    Good! I for one support this agency, and this appointment as head. I WANT consumer protection.

    January 4, 2012 11:09 am at 11:09 am |
  8. rs

    Hey Truth- The GOP/TP has been the party of No! for 3 years- where have you been?

    January 4, 2012 11:10 am at 11:10 am |
  9. Jim , Va.

    Obama knows that he can't do this legally.The Senate isn"t in recess.

    January 4, 2012 11:14 am at 11:14 am |
  10. Independent Voters

    Thank you very much show the republicans that you in charge.
    Obama is for middle class.

    January 4, 2012 11:23 am at 11:23 am |
  11. tigerakabj

    To the poster Truth and Nothing But the Truth, this is only one of many to come.

    "Our number one priority is to see that President Obama is a one-term president." – Mitch McConnell, October 2010

    When he said that, you can kiss any leverage and (very little) credibility to criticize goodbye. Not only are recess appointments perfectly legal (Teddy Roosevelt made over 200 in less than 30 seconds), but this country can't wait on the (out of their own mouths) seditious GOP to want to work with President Obama. Nobody on the GOP side has the guts, organization, and the package to beat President Obama.

    They are the ones who are the clowns and, as President Obama (for 5 more years) demonstrated today, will be marginalized to the back corner where they belong.

    Obama/Biden/E.Warren 2012

    January 4, 2012 11:23 am at 11:23 am |

    Way to go Mr. President. If you have to work around Congress, go right ahead. You won't hear any complaints from me. Those republicans are going to have a cow when they come back to Washington.

    January 4, 2012 11:27 am at 11:27 am |
  13. willie floyd

    Our PRESIDENT has finally accepted the fact that our "elected reps." aren't going to work with him!! Good job Mr. President.

    January 4, 2012 11:28 am at 11:28 am |
  14. d

    To truth...are you paying any attention to reality? no? it is showing...please research before you post!

    January 4, 2012 11:30 am at 11:30 am |
  15. jacq

    After that clown show last night and the do nothing congress. He's doing his job

    January 4, 2012 11:35 am at 11:35 am |
  16. Rudy NYC

    Jim , Va.

    Obama knows that he can't do this legally.The Senate isn"t in recess.
    Correct. He knows that Senate Republicans will make good on their promise to filibuster any nominee.

    January 4, 2012 11:40 am at 11:40 am |
  17. Truth and Nothing But the Truth

    rs –Hey Truth- The GOP/TP has been the party of No! for 3 years- where have you been?
    Yes, and I agree 110% with them. Just say NO to failed socialists policies. We don't need to go down the road Europe has chosen, bankrupcty.

    And BTW, Obama got everything he wanted his first two years. And it has all proven to be a failure. Employment still far too high, Obamacare falling apart and driving up healthcare costs, threatening to drive the country further into the financial abyss unless taxes sky rocket. Obama is a failure on just about everything, except killing people with Hellfire missiles.

    January 4, 2012 11:40 am at 11:40 am |
  18. Joi Gibson

    Alright Mr. President!!!! Consumer protection – what part of this do the Republicans not like (sarcasm). Congress can't do its job and yet they want authority over this agency – so they can gridlock it as well while consumers get screwed. Thank you Mr. President!!!
    OBAMA/BIDEN 2012!!!!!!

    January 4, 2012 11:47 am at 11:47 am |
  19. Robert

    Where is CNN on reporting the precedent being set by what the president is doing ???? Congress is NOT in recess !!!

    January 4, 2012 11:52 am at 11:52 am |
  20. gt

    more waste of your tax dollars...

    January 4, 2012 11:57 am at 11:57 am |
  21. Bob

    Good for President Obama! Now fix the NLRB, enough of the Repukes obstruction!

    January 4, 2012 11:58 am at 11:58 am |
  22. Fair is Fair

    While technically OK to do so, Obama sets a dangerous precedent on executive branch powers by taking this tack. This is NOT a simple"recess appointment" like some of you posters are saying (congress is technically not in recess). So go ahead and do it, Obama... just don't go crying in your beer when you get hit wth procedural tactics in return, K?

    January 4, 2012 12:03 pm at 12:03 pm |
  23. Liyah

    Ronald Reagan holds the record for recess appointmen­ts: 243

    Clearly this man was an enemy of our nation.

    January 4, 2012 12:14 pm at 12:14 pm |
  24. PA_outofwork

    Another liberal appointee the next Republican president can fire on January 20, 2013.

    January 4, 2012 12:19 pm at 12:19 pm |
  25. Terry, VA

    Oh goody, more ammunition to sink dictator Obummie. The Senate has not recessed. To say it has, would be like appointing someone over the weekend with the work week being Monday through Friday and saying the Senate was in recess. Obummie is further dividing this country and I can't wait until the fool is kicked out of office this year.

    January 4, 2012 12:21 pm at 12:21 pm |
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