obama just sneak attacked congress and used some loophole to appoint richard cordray as the head of the CFPB, which of course stands for consumer financial protection bureau. terrible name, great agency. it's the brainchild of 2Pz fave senate candidate, elizabeth warren, and its going to work on keeping the banking / credit / lending industries from raping your pocketbooks every chance they get.
anyway, obama nominated him, and the republicans filibustered it, as they are want to do. so he waited until they went out of town for christmas, then used something called a "recess appointment" to pop him in there. and guess what: RICHARD CORDAY IS A JEOPARDY CHAMP!!
It will be viewed by the Washington punditocracy as a tough-minded executive act defying Senate Republicans, playing to a worried liberal base, and raising a possible legal challenge with constitutional ramifications.
But President Obama's Wednesday selection of Richard Cordray, a former Ohio attorney general, to run the spanking-new Consumer Financial Protection Bureau is also just smart and necessary.
If our politics weren't quite so polarized, and folks stuck a bit more to the facts in public debate, maybe far more people would know what Cordray symbolizes. They would know that they should be happy that a frustrated White House has circumvented a Senate filibuster last month and will try to actually protect consumers.
And it's probably fitting that Cordray, who had a strong reputation in Ohio for investigating suspect mortgage foreclosure practices, is also a five-time "Jeopardy" champ. (via)
and it looks like barack's got
3 more appointments lined up. i like it.