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Industry. appointing richard cordray as the director of the consumer financial protection bureau, well, that gives dodd/frank financial reform bill some teeth, i guess. of course, republicans hate that, too. the dodd/frank bill. president obama said he was not going to let them hold up the process this time. for almost half a year, republicans in the senate have blocked richard s confirmation. the only reason republicans in the senate have blocked richard is because they don t agree with the law that set up a consumer watchdog in the first place. they want to weaken the law. they want to water it down. and by the way, a lot of folks in the financial industry have poured millions of dollars to try to water it down. when congress refuses to act, and as a result hurts our economy and puts our people at ....
Financial protection bureau, well, that gives dodd/frank financial reform bill some teeth, i guess. of course, republicans hate that, too. the dodd/frank bill. president obama said he was not going to let them hold up the process this time. for almost half a year, republicans in the senate have blocked richard s confirmation. the only reason republicans in the senate have blocked richard is because they don t agree with the law that set up a consumer watchdog in the first place. they want to weaken the law. they want to water it down. and by the way, a lot of folks in the financial industry have poured millions of dollars to try to water it down. when congress refuses to act, and as a result hurts our economy and puts our people at risk, then i have an obligation as president to do what i can ....