McConnell: GOP will still block consumer agency nomination

[kpete]

Source: Raw Story

McConnell: GOP will still block consumer agency nomination
Posted on 07.18.11
By David Edwards

President Barack Obama has decided to nominate Richard Cordray to head the Consumer Financial Protection Bureau (CFPB) instead of Elizabeth Warren, but Senate Minority Leader Mitch McConnell (R-KY) doesn’t care. He says Republicans still plan to block the nomination.

“I would remind (President Obama) that Senate Republicans still aren’t interested approving anyone to the position until the president agrees to make this massive government bureaucracy more accountable and transparent to the American people,” McConnell announced on the Senate floor Monday.

He continued: “Back on May 5 of this year, 44 Republican Senators signed a letter to the president stating — quote — ‘We will not support the consideration of any nominee, regardless of party affiliation, to be the CFPB director until the Consumer Financial Protection Bureau is reformed.’”

“We have no doubt that without proper oversight, the CFPB will only multiply the kind of countless, burdensome regulations that are holding our economy back right now and that it will have countless unintended consequences for individuals and small businesses that constrict credit, stifle growth, and destroy jobs. That’s why everyone from florists to community bankers opposed its creation in the first place. That’s why we’ll insist on serious reforms to bring accountability and transparency to the agency before we consider any nominee to run it.”

Read more: http://www.rawstory.com/rawreplay/2011/07/mcconnell-gop-will-still-block-consumer-agency-nomination/

[Drale]

1. The party of NO! strikes again. /nt

[banned from Kos]

2. these GOP assholes are blocking the new Commerce Secretary too

John Bryson - an excellent choice.

They killed the Peter Diamond nom - he withdrew. Its total war.

[The Wizard]

3. The time has long passed for Miss McConnell

to be exposed as the cross dressing Senator from Kentucky

[Name removed]

4. Deleted message

Message removed by moderator. Click here to review the message board rules.

[monmouth]

7. Is that you Fiona? n/t

[City Lights]

5. Keep on showing those true colors, GOP!

With each passing day it becomes more obvious that while you claim to love America, you clearly hate Americans.

[The Big Vetolski]

11. Love your bumper sticker, dude! nt

[Kolesar]

6. President Obama played nice and didn't pursue the Beast-Cheney criminals ...

...and this is how their party responds.

[gratuitous]

8. They created the Department of Homeland Security without any fuss

But protecting consumers from proven damage by out-of-control predatory financial institutions? Well, we'd better go extra slow on that! And, having compromised away a perfectly good nominee in Elizabeth Warren, President Obama gets the football yanked away again. Surely nobody could have foreseen that!

At this point, I'm not sure whose behavior pisses me off more, Republicans and their eternal obstruction, or Obama and his eternal capitulation.

[Doctor_J]

9. This is what happens when you give in to a terrorist

you get terrorized more. If Obama had stood up to them just once, on any critical issue, he would be cruising to victory next year.

[abq e streeter]

10. 100% agreement with the two posts (#'s 8 & 9) above this.

And wish to hell I didn't agree, but every word is true.

[Skink]

12. He could probably still recess appoint Warren then.

Although I like his choice.

[Altoid_Cyclist]

13. The question of what happens to the kids in grade school who take their ball and go home

if they aren't accorded special treatment has been answered.

They grow up to become Reptilian politicians. We already know about Vitter's fondness of being pamper(s)ed, but it looks as though we're going to need more adult size bloomers for the (r) side of the aisle.

I just hope that President Obama rams this appointment through regardless of how much juvenile breath holding goes on by the children of the (r) persuasion.