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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThank President Obama for his bold recess appointment (updated)
by Chris Bowers
Send President Obama a thank you email for appointing Richard Cordray to lead the Consumer Financial Protection Bureau.
Make no mistake: President Obama's move will provoke a huge fight from Republicans. Most will declare this use of a recess appointment to be unconstitutional, while talk of impeaching Obama will likely spread throughout the right-wing media.
President Obama knew this would happen, but moved forward anyway. In so doing, he stood up to Wall Street and prevented Republicans from nullifying the Consumer Financial Protection Bureau. Best of all, Americans will now have a watchdog working to stop the fraudulent practices of mortgage companies, payday lenders, debt collectors and other financial companies that continue to cause so much economic pain throughout our country.
Send President Obama a thank you email for making this bold move.
http://www.dailykos.com/story/2012/01/04/1051464/-Thank-President-Obama-for-his-bold-recess-appointment
Updated to add Elizabeth Warren's e-mail
This is an important day. Today, the Consumer Financial Protection Bureau gets its first director -- and its full powers. President Obama gave Richard Cordray a recess appointment that Republicans cannot block.
Please join me and tell Richard Cordray we're with him all the way: Click here to sign my online card now and deliver a strong message of support to an important advocate!
For months, determined as ever to protect Wall Street and the big banks instead of you, Republicans stymied the consumer agency from doing its job. Republicans demanded changes that would weaken the agency and its ability to protect you, and they filibustered the nomination of Richard Cordray as its director.
The big banks were winning once again until today -- when President Obama gave Cordray a recess appointment!
This is a big deal for middle class families in Massachusetts and across our nation.
For more than a year, we've seen and heard reports exposing how some of America's largest financial institutions broke the law. Maybe that's why Wall Street continues to set new spending records hiring lobbyists to shift attention away from their wrongdoings.
As a result, those who broke our economic system haven't been subject to full scrutiny. But with Richard Cordray in place at the CFPB, we can start moving toward real accountability over the big banks.
Please join me in celebrating the end of the Republican roadblock preventing the consumer agency from moving forward -- and tell Richard Cordray we stand with him in this important fight for middle-class families.
The public is paying attention to this fight -- including thousands who signed our petition urging that Rich get this position.
We've worked hard together to get this far. We should celebrate -- and keep right on working. Let's show there's real momentum behind Cordray's leadership.
Thank you for being a part of this,
Elizabeth Warren
Tell Richard Cordray We're with Him All the Way
http://elizabethwarren.com/cordrayrecess?sc=tw
comipinko
(541 posts)Ian David
(69,059 posts)But if Obama WATERBOARDED Cordray, they'd give him a medal.
FSogol
(45,488 posts)Angry Dragon
(36,693 posts)but all were at least 10 days of recess
pampango
(24,692 posts)FSogol
(45,488 posts)Shrek
(3,981 posts)The Senate isn't actually recessed so there may be some question about whether it qualifies as a "recess appointment."
ProSense
(116,464 posts)marginlized
(357 posts)Response to ProSense (Original post)
ProSense This message was self-deleted by its author.
Old and In the Way
(37,540 posts)Consumer Financial protection? They really want to go to the mats on this issue? Given the number of Bush recess appointments they whole-heartedly approved of, it must be really difficult to keep a straight face when they feign their outrage.
JTFrog
(14,274 posts)BadgerKid
(4,553 posts)Scurrilous
(38,687 posts)bvar22
(39,909 posts)and actually shows a little "audacity".
What little I know about Richard Cordray, I LIKE,
and he has the support of Elizabeth Warren.
If this new agency is given the necessary teeth,
It will work well for the 99%.
Kudos to President Obama
for daring to make the Republicans unhappy.
K&R
You will know them by their WORKS,
not by their excuses.
[font size=5 color=green][center]Solidarity99![/font][font size=2 color=green]
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SunsetDreams
(8,571 posts)mmonk
(52,589 posts)earlier. It's great to have someone of integrity put into this position. All in all, a good day.
Tarheel_Dem
(31,234 posts)Pisces
(5,599 posts)ProfessionalLeftist
(4,982 posts)BlancheSplanchnik
(20,219 posts)Thanks ProSense.
The ThinkProgress article is excellent too, by the way.
msanthrope
(37,549 posts)ProSense
(116,464 posts)were also recess appointments to the NLRB
http://www.democraticunderground.com/101417708