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Defying Senate Republicans, the President will use a recess appointment to name Richard Cordray...

Defying Senate Republicans, the President will use a recess appointment to name Richard Cordray director of the new Consumer Financial Protection Bureau, according to sources. Maybe of more import than the D vs. R fight, Obama's move could be an indication of the banking industry's diminished influence in D.C.
Comments (2)
  • Anwar Bhamla
    , contributor
    Comments (96) | Send Message
     
    Obama developing backbone??!! Wonders will never cease.
    4 Jan 2012, 10:41 AM Reply Like
  • JaxxBat
    , contributor
    Comments (527) | Send Message
     
    I dont think it will impact NLY and BAC too much. Both of these companies are seasoned on rough waters..

     

    I own both
    5 Jan 2012, 05:51 PM Reply Like
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