Barack Obama
Related: About this forumObama Celebrates his Victory in Nomination Fight: Richard Cordray
Snip***
He had a reason to smile. The event was Obamas victory lap after the figurative nuclear brinksmanship in the Senate this week ended largely in the presidents favor. The CFPB is viewed by Democrats as a key part of the presidents legacy, and Obama was clearly happy to win the long fight over a permanent director.
For two years, Republicans in the Senate refused to give Rich a simple yes or no vote. Not because they didnt think he was the right person for the job, but because they didnt like the law that set up the consumer watchdog in the first place, Obama said. Yesterday, Richard was official confirmed.
The Senate confirmed Cordray after Republicans backed off their plan to deny Obama a CFPB director until Democrats agreed to dramatically alter the law governing the agency. The GOP obstruction plan kept Elizabeth Warren, Obamas first CFPB nominee, out of the job and eventually drove Warren to her successful Democratic Senate bid in Massachusetts.
End Snip***
http://www.buzzfeed.com/evanmcsan/obama-celebrates-his-victory-in-nomination-fight?utm_source=dlvr.it&utm_medium=twitter
http://theobamadiary.com/2013/07/17/chat-away-198/
[font color=blue]THIS IS POSTED IN THE BARACK OBAMA GROUP[/font]
Cha
(305,022 posts)Ladies and Gentlemen I give you, Richard Cordray~
Mahalo, The Obama Diary~
http://theobamadiary.com/2013/07/17/chat-away-198/
BOG
Cha
(305,022 posts)@VP: PHOTO:VP swears in Richard Cordray as the Director of the @CFPB this morning in his WW office w/ @Sebelius (WH Photo)
sheshe2
(87,221 posts)What a great day for Obama and Cordray....and Consumer Protection!!!!!
I just love their smiles.
The second picture with Warren. Hmmm I would say they are sharing an inside joke and the joke is on the Repubes! Gotcha!
Thanks Cha,
Cha
(305,022 posts)interested in this Confirmation of Richard Cordray... it's only been 2 years coming!
And, for Consumer Protection! YAY!
PBO has a smile like the cat who ate the canary lol bad Obama And, Richard Cordray like he absolutely Loves that he gets to start his job already! Did you get a chance to see his short vid, yet?
You know Elizabeth Warren is one Happy Senator!
BOG
sheshe2
(87,221 posts)Those efforts led to the creation of the CFPB in 2011, and two years ago this week, President Obama first nominated Cordray to run the new agency. But the Senate wouldn't vote on his confirmation, and the CFPB was severly hampered without a director, President Obama said.
The CFPB wasnt able to give consumers the information they needed to make good, informed decisions. Folks in the financial system who were doing the right thing didnt have much certainty or clear rules of the road. And the CFPB didnt have all the tools it needed to protect consumers against mortgage brokers, or credit reporting agencies, or debt collectors who were taking advantage of ordinary Americans.
President Obama took action to temporarily appoint Cordray as Director so CFPB could get to work. And as a result, President Obama said, Americans everywhere are better off.
Today, if you want to take out a mortgage or a student loan or a payday loan, or youve got a credit reporting agency or debt collector whos causing you problems -- maybe they're not playing by the rules, maybe they're taking advantage of you -- you have somewhere to go. The CFPB has already addressed more than 175,000 complaints from all across the nation, giving people an advocate who is working with them when they're dealing with these financial institutions that may not always be thinking about consumers first.
more~
http://www.whitehouse.gov/blog/2013/07/17/senate-confirms-richard-cordray-consumer-watchdog
BOG Cha~
Cha
(305,022 posts)The CFPB wasnt able to give consumers the information they needed to make good, informed decisions. Folks in the financial system who were doing the right thing didnt have much certainty or clear rules of the road. And the CFPB didnt have all the tools it needed to protect consumers against mortgage brokers, or credit reporting agencies, or debt collectors who were taking advantage of ordinary Americans.
President Obama took action to temporarily appoint Cordray as Director so CFPB could get to work. And as a result, President Obama said, Americans everywhere are better off.
Today, if you want to take out a mortgage or a student loan or a payday loan, or youve got a credit reporting agency or debt collector whos causing you problems -- maybe they're not playing by the rules, maybe they're taking advantage of you -- you have somewhere to go. The CFPB has already addressed more than 175,000 complaints from all across the nation, giving people an advocate who is working with them when they're dealing with these financial institutions that may not always be thinking about consumers first.
"Somewhere to go"! how Important is that!
Mahalo for the report from the White House and the pic, she!
BOG she
sheshe2
(87,221 posts)And a big round of applause to Senator Harry Reid for making this vote happen!
http://theobamadiary.com/
BOG Cha
Cha
(305,022 posts)exhausted!
mahalo for that depictive 'toon, she.
to Harry Reid, she!
BOG
Politicub
(12,286 posts)Time for Cordray to kick some serious unscrupulous lender ass!
Cha
(305,022 posts)for your enthusiasm!
to Consumer Peeps! Who isn't one?
grantcart
(53,061 posts)Cha
(305,022 posts)Sen. Elizabeth Warren embraces Richard Cordray following a statement by President Barack Obama on Cordrays confirmation as director of the Consumer Financial Protection Bureau, July 17
http://theobamadiary.com/2013/07/18/rise-and-shine-557/
BOG
sheshe2
(87,221 posts).....two frickin long years!
However, that's okay now, Richard Cordray and Elizabeth Warren are ENERGIZED. They are going to kick some serious butt over the next three years!
The Repukes and their buddies ain't seen nothing yet!
BFD is right!!!
Thanks Cha
Cha
(305,022 posts)Ms Mass?!
In knowing the long history.. from PBO wanting Elizabeth to run this valuable service for Americans but he doesn't get her because the gop cave people are Dead Set Against It.. so EW goes back to Mass and wins a long hard fought election against incumbent, scott racist brown.
Then PBO wants Richard(Rich) Cordray and we know what happend then for two years.. so here we are.. Finally where the Real Work Begins.
BOG she~
sheshe2
(87,221 posts)Poor poor pitiful REPUKES...fail.
However because of them we have a twofer!
Mass wins, CFPB wins.... and Obama wins!!!!
We will we will rock you!
Cha
(305,022 posts)infinite mean spiritedness, have a way of getting boomeranged for their trouble.
That's a Threefer or a Fourfer.. including the collective, Amercian Peeps.. rofl mahalo gop.
she
Major Hogwash
(17,656 posts)I've never seen one quite like it before.
Like President Obama couldn't keep from smiling, but was trying not to smile really wide where you could see his teeth.
You nailed it when you said he looked like the cat that ate the canary.
He's the coolest President we've had since JFK was in office.
That's a long time.
A mighty long time.
Cha
(305,022 posts)I only learned about what Pres Kennedy did many many years after he was in Office. I wasn't paying attention to our Government for decades until the 3rd Millenium election. Whew.
Making up for lost time.