Monthly Archives: January 2012

Obama appoints head of consumer agency in recess appointment

After months of Republican resistence to the appointment of Richard Cordray as head of the Consumer Financial Protection Bureau, President Obama used to Congress’ winter recess to appoint him in a recess appointment. Republicans had been trying to stop the appointment by having pro forma sessions, sometimes lasting only a minute, to establish that Congress was not “formally” in recess, according to Reuters. Now, a legal battle may ensue as the ultra-pro-business U.S. Chamber of Commerce threatens to take the U.S. to court over the appointment. The White House says Congress is in recess as long as it is not …Read more »

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