(CNN) – The Senate's vote this week to confirm Richard Cordray as head of the Consumer Financial Protection Bureau was heralded by President Barack Obama in Saturday's weekly address.
The chamber confirmed Cordray on Tuesday in a 66-34 vote that capped a bitter fight over presidential nominations.
"Republicans in the Senate refused to give him a simple up-or-down vote, not because they didn't think he was the right person for the job, but because they didn't like the law that set up the consumer watchdog in the first place," Obama said of the delay, explaining why he finally put Cordray into place using a recess appointment.
Cordray's confirmation battle was part of a larger fight over Obama's nominees that resulted in threats from Senate Democrats to change legislative rules governing filibusters.
A deal was made this week to avert such a change.
In his remarks, Obama praised the work of the consumer bureau, noting it, among other things, has helped students and veterans better understand their finances.
"We've still got a long way to go to restore the sense of security that too many middle-class families are still fighting to rebuild," Obama said. "But if we keep moving forward with our eyes fixed on that North Star of a growing middle class, then I'm confident we'll get to where we need to go."