Friday, February 1, 2013

43 GOP Senators Threaten Obstruction Unless Consumer Protection Bureau Is Weakened

43 GOP Senators Threaten Obstruction Unless Consumer Protection Bureau Is Weakened: When the Dodd-Frank financial reform law first passed, Senate Republicans refused to confirm a director for the newly-created Consumer Financial Protection Bureau. They promised to block any nominee — regardless of that nominee’s qualifications for the job — unless the Bureau was weakened and made subservient to the same bank regulators who failed to prevent [...]/p