News Alert: Obama to use a recess appointment to name Cordray as nati

Wednesday, January 4, 2012

   
The Washington PostWednesday, January 4, 2012 10:09:25 AM
POLITICS NEWS ALERT

Obama to use a recess appointment to name Cordray as nation's top consumer watchdog


The Obama administration will appoint Richard Cordray as head of the Consumer Financial Protection Bureau, using a rare recess appointment to get around the Senate's rejection of the nomination last month, sources said. The president will announce the move on Wednesday at an appearance in Cleveland, but it could spark a legal challenge from the Senate.


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