Obama Uses Recess Appointment to Install Cordray As Consumer Watchdog Head

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Uploaded by on Jan 4, 2012

President Obama bypassed congress to recess appoint Richard Cordray as head of the Consumer Financial Protection Bureau.

The watchdog agency, fiercely opposed by Republicans, had been overseen by Elizabeth Warren. However, Warren faced so much opposition that Obama eventually withdrew her from consideration and instead chose her deputy, Cordray. Warren is currently running for the democratic nomination to challenge incumbent Senator Scott Brown in Massachusetts.

Cordray is the former Attorney General of Ohio.

Take our poll: Do you support President Obama's decision to bypass the Senate and appoint Cordray?
http://ywtv.tv/2012/01/04/president-obama-appoints-richard-cordray-to-head-co...


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  • Obama should have done this when Warren was up to be appointed. At least Warren is running for Senator of my state. I support Obama's decision, even though it late.

  • yes i do, but that doesnt out weigh what he did with the National authorization act, he lost my vote with that one alone.

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  • will go down on history as the polarizing dividing presidency in American history. For the liberals who think 6 trillion dollars in debt in three years is an accomplishment .....mandated health care that does not address the real problems,solandra and Obama's other crony skunk projects I honestly don't understand your thinking. Every time I see someone defending the campaigner in chief it makes me I'll.

  • anyone who has a clue knows Obama is an enemy of the constitution. Its ashamed that going people get brainwashed in college by left wing progressive ideology without having a clue about the constitution. The Obama presidency for those of us old enough to remember the Carter years

  • @stonethugmusic Obama is an idiot another four years of this and you will be fighting homeless people for food!

  • Obama only did this to get reelected! Not because he cares about the middle class witch there is no such thing anymore!!...vote Ron Paul!

  • OBAMA OBAMA

  • President Obama was well within his rights to appoint Richard Cordray to lead the CFPB as a recess appointment - it was the ignorant & obstructionist tea party mob that was violating the Constitution by not holding confirmation hearings for Richard Cordray.

  • @rickiex have you heard anything of Rocky Anderson...of the Justice Party...He sounds interesting but, I don't hear much of him and I would like to...He would be a good answer to both Obama & all of the insanity that is the GOP field...

  • @rickiex This NDAA is made to protect the 1% against the 99%.Congress has proven to be working for the 1% and not the ppl.Yes I did hear that Sen Levin claims he got a letter from Obama requesting this addition of the indefinite detention but,I could find no proof of such a letter.I distrust the whole Congress w/the exception of a very few more than I distrust Obama & the approval numbers reflect this seemingly odd position.but, believe me I feel your sentiment.

  • well, king obama strikes again. Congress says no and obama does it anyway. Our system of government is set up to PREVENT this from happening. Obama is'nt just spitting in the face of congress but also in the face of the people they are sent there to represent. Why does this surprise anybody? Obama said publicly that democracy is a "messy" thing that gets in the way. Oh and did you know this new watchdog group would be able to write and enforce policy and not have to answer to anybody? We're dun

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