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| Home Front: Politix |
| Attorneys say Obama can appoint Cordray during recess |
| 2012-01-04 |
| The Obama administrationÂ’s lawyers have concluded that President Obama has the legal authority to name Richard Cordray head of the Consumer Financial Protection Bureau (CFPB) through a recess appointment. According to a report in The Wall Street Journal, Democrats and Obama administration lawyers said the president has that right. The newspaper also reported that the appointment could happen as early as Wednesday, while Obama is in Ohio to give a speech on the economy. On Tuesday, Obama administration officials said the president was leaving open the option of a recess appointment. Republicans have been stonewalling CordrayÂ’s confirmation in the Senate while demanding changes to the CFPB. Republicans claim the way the new agency is designed makes it too powerful and too free of oversight. Republicans want a multimember board to run the bureau instead of a single director. But Democrats and the White House have not budged on the CFPBÂ’s current design. |
| Posted by:Beavis |
| #4 The “recess” appointment of Cordray doesn’t solve the President’s problem. The Dodd-Frank Act is very clear, even a law professor can probably under this section, that authorities under the Act remain with the Treasury Secretary until the Director is “confirmed by the Senate”. |
| Posted by: Deacon Blues 2012-01-04 20:12 |
| #3 The purpose of "Advise and consent" is to provide a check on presidential power. You have to appoint a "consensus" nominee who can garner the required Senate votes. Obama looks both impotent and amateurish doing this and it will not stand the first court challenge. |
| Posted by: Mike Ramsey 2012-01-04 19:16 |
| #2 It's the 99.8% of Lawyers that give the other .2% a bad name |
| Posted by: Bigfoot Jeter8554 2012-01-04 18:40 |
| #1 You can find a legal eagle to support any position you like. It's their job, they're professional sophists. |
| Posted by: mojo 2012-01-04 15:36 |