Via Institute for Public Accuracy
AP reports: "Reigniting a partisan fight over banking regulations, President Barack Obama intends to nominate former Ohio Attorney General Richard Cordray to lead a consumer protection bureau that was a central feature of a law overhauling the rules that govern the financial sector.
"Obama plans to announce the nomination formally on Monday, the White House said Sunday. Republicans immediately threatened to block Cordray's Senate confirmation. In choosing Cordray, Obama bypassed Elizabeth Warren, a favorite of consumer groups...
Continue reading "Nader Blasts Obama for Bypassing Warren for Consumer Post"
Published on July 19, 2011 07:17