Is Obama's Cordray Appointment Unprecedented? Not by a Longshot.

President Obama "manned up" Wednesday, exercised his executive authority and announced the recess appointment of Richard Cordray as the Director of the Consumer Financial Protection Bureau—ending months of partisan bickering and obstructionism by 45 Republican Senators and their patrons in the financial services industry. I read the comments of GOP leaders in the House and Senate (which we all expected) and could only shake my head. I felt like I was reading the script of "The Daily...Full Story
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