More of Obama's hurry up fascism. The thug presidency continues.
WASHINGTON -- President Obama will appoint Richard Cordray to run a controversial new consumer watchdog bureau Wednesday, bypassing Republican opposition in the Senate and opening the door to legal and political attacks at the agency over the next twelve months.
Obama plans to use a recess appointment to name Cordray, the former Ohio attorney general, to head the Consumer Financial Protection Agency, according to White House spokesman Dan Pfeiffer. Obama is visiting Cleveland Wednesday and will deliver a speech in the key battleground state.
The White House has decided to resort to such an approach because Senate Republicans have been blocking the traditional approval process for the CFPB chief, arguing that changes to the structure of the bureau must take place before any nominee is approved. Cordray did not receive the filibuster-proof 60 votes he needed to be approved by the Senate.
To appoint Cordray to the position, Obama will need to find a time when Congress is in recess. However, Republicans have set up so-called "pro-forma" daily legislative sessions of Congress to block the White House from making the appointment.
Obama could also order the Senate into a recess, something no president has ever done.
Read more: at the NY Post
If it is something no president has ever done, you can count on O to do it. If not before November 2012, than certanly afterward.
Thune Statement on Unprecedented Appointment of New Government Czar
WASHINGTON, D.C.—U.S. Senator John Thune (R-S.D.), Chairman of the Republican Policy Committee, today issued the following statement regarding President Obama’s unprecedented “recess” appointment of Richard Cordray as director of the new Consumer Financial Protection Bureau (CFPB) without the Senate being adjourned:
“President Obama’s decision to appoint an unaccountable czar to oversee the controversial CFPB created by the flawed Dodd-Frank law represents an extreme power grab and raises Constitutional issues because of the president’s unilateral actions. This czar will oversee a new agency with expansive powers and little oversight and accountability to Congress, the Executive branch, and the American people.”
In May of 2011, 45 Senate Republicans sent a letter to President Obama stating their intentions to oppose any nominee to direct the controversial CFPB until the agency is reformed to make it more accountable and transparent. Much needed reforms include establishing a board of directors to oversee the bureau, subjecting it to the appropriations process, and establishing a safety-and-soundness check for the prudential regulators.
UPDATE: By His Fruits Ye Shall Know Him: Obama's Subversive Appointments Jesse Weed, American Thinker
