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Sen. Elizabeth Warren Vs. GOP Obstruction

Business  (tags: abuse, americans, business, consumers, corporate, corruption, dishonesty, ethics, cover-up, money, lies, marketing, politics, society, government )

- 1917 days ago -
"I think you have done a wonderful job so far in carrying out your duties," said Sen. Tom Coburn (R-Okla.) during Cordray's nomination hearing earlier this week. But Coburn - and 42 other Senate Republicans - have threatened to filibuster Cordray's nomin

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JL A (281)
Sunday March 24, 2013, 3:39 pm
******letter to senators tool at site***********
Sen.Sen. Elizabeth Warren vs. GOP obstruction

By: Rick Claypool

Elizabeth Warren speaks at Public Citizen at an event last fall

Some Republicans seem genuinely to adore Consumer Financial Protection Bureau Director Richard Cordray.

“I think you have done a wonderful job so far in carrying out your duties,” said Sen. Tom Coburn (R-Okla.) during Cordray’s nomination hearing earlier this week.

But Coburn – and 42 other Senate Republicans – have threatened to filibuster Cordray’s nomination unless the consumer protection agency he directs is fundamentally weakened.

Sen. Elizabeth Warren (D-Mass.) – who originated the idea of a consumer protection agency with a mission to crack down on the banking industry cons and rip-offs – also attended the hearing.

Here’s what Sen. Warren said about the 43 Republican senators who pledged to obstruct Cordray’s nomination:

I see nothing here but a filibuster threat against Director Cordray as an attempt to weaken the consumer agency … I think the delay in getting him confirmed is bad for consumers, it’s bad for small banks, bad for credit unions, for anyone trying to offer an honest product in an honest market.

The American people deserve a Congress that worries less about helping big banks, and more about helping regular people who have been cheated on mortgages, on credit cards, on student loans and on credit reports.

Sen. Warren is right. Congress should be standing up for consumers, not protecting corporate predators.

Contact your senators today. Tell them to confirm Richard Cordray.

Rick Claypool is Online Director for Public Citizen’s Congress Watch division

Terry V (30)
Sunday March 24, 2013, 4:53 pm

JL A (281)
Sunday March 24, 2013, 5:01 pm
You are welcome Terry! You cannot currently send a star to Terry because you have done so within the last day.

Angelika R (143)
Sunday March 24, 2013, 5:18 pm
Tell your senators: Confirm Richard Cordray.
This action is not available to people in your area. -? oops :-//

JL A (281)
Sunday March 24, 2013, 5:24 pm
Thanks for trying Angelika.

Bryna Pizzo (139)
Sunday March 24, 2013, 7:26 pm
Hooray for Warren! Go get em! Thank you JL!!!! (N, P, T)

Katrina & Willi D (90)
Sunday March 24, 2013, 7:59 pm
We have known Richard Cordray for over 20 + Years,HE IS A FINE MAN! We have Personally heard him speak and shook his hand many times! He will be a big help to all.
All Republicans againt him! Figures!

Sandra ;atterson (59)
Sunday March 24, 2013, 8:26 pm
noted and sent message

Jerry B (128)
Sunday March 24, 2013, 9:01 pm
Noted..thanks JL.

JL A (281)
Sunday March 24, 2013, 9:06 pm
You are welcome Jerry

Robert O (12)
Sunday March 24, 2013, 9:30 pm
Thanks JL.

JL A (281)
Sunday March 24, 2013, 9:42 pm
You are welcome Robert

Joanne D (38)
Sunday March 24, 2013, 10:04 pm
I'm glad I can trust Elizabeth Warren not to ask me to sign a contract to sell my soul to the devil, because for her I probably would sign it. :-)

Stephen Brian (23)
Sunday March 24, 2013, 11:25 pm
Thanks! :)

I think I understand the conservatives' objections: Reliability can be quantified by the expected time until a failure. A competent leader of an agency, whether Elizabeth Warren or Richard Cordray, might manage to go an entire term of leadership before failing and do quite a bit of good during that time. However, eventual failure is inevitable, and all we can do is try to get more benefit out of the agency while it functions properly than the cost of the failure. I suspect conservatives in Congress are concerned about two things: First, there is the cost to the entire country of that eventual failure in the consumer-protection agency. Second, if they think Warren and Cordray are extraordinary, there is the danger of leadership of that agency regularly being held, in the future, by people who are less competent. In that case, what is helpful now may become more trouble than its worth in the future.

Don Saunders (151)
Monday March 25, 2013, 2:30 am

JL A (281)
Monday March 25, 2013, 10:23 am
Actually Stephen it appears they fear he will actually do his job and that isn't what their corporate campaign contributors want. Those opposing him want to make what can be done by the agency far less than the enabling statute required.
You cannot currently send a star to Joanne because you have done so within the last day.

. (0)
Monday March 25, 2013, 10:29 am
Politics at its best...

Mary Alexander (23)
Monday March 25, 2013, 12:33 pm
Elizabeth Warren is great we need more like her. It is time to start voting these GOP'er out.

Mary Donnelly (47)
Monday March 25, 2013, 1:14 pm
Great post--again. Thanks J.L.

Robert Tomlinson (62)
Monday March 25, 2013, 2:41 pm
Signed and noted!

Devon Leonar (54)
Monday March 25, 2013, 2:59 pm
Gladly signed JL...!! I have a feeling, and I'm not alone in this, that Elizabeth Warren is going to continue making waves and clearing the stink that's in the air over there !!! Bravo ...!!

Lois Jordan (63)
Monday March 25, 2013, 3:16 pm
Letters to senators signed and sent. Is it too early to draft Sen. Warren for a presidential run in 2016?
Thanks so much for posting, JL. Guess I'm out of stars for you today, but will send an invisible one.

Susan T (20)
Monday March 25, 2013, 3:31 pm
Basically the Repubs couldn't get the votes to stop the formation of the (gasp) Consumer Protection Agency. Since they couldn't stop it through democratic methods, now they will take hostages and do whatever other tricks they can to get their way. So what that the public LIKES the idea of consumers being protected?

Birgit W (160)
Monday March 25, 2013, 3:42 pm

JL A (281)
Monday March 25, 2013, 6:38 pm
You are welcome Mary and Lois.
You cannot currently send a star to Lois because you have done so within the last day.
You cannot currently send a star to Susan because you have done so within the last day.

Stephen Brian (23)
Monday March 25, 2013, 9:04 pm
Hi :)

If they really didn't want someone who would do the job, they would push against Cordray and try make his nomination into a problem for Democratss, not just oppose the agency itself. That they broke away from their standard operating procedure, opposing the nominee and using their objections to him as a vehicle to attack Obama or Democrats in general, is what got me thinking there might be something a little more complex behind their behaviour.

JL A (281)
Monday March 25, 2013, 9:56 pm
Stephen, during this administration they have fillibustered appointments to judges, agencies hearing labor complaints, overseeing firearms--virtually all appointees to anything with domestic regulatory authority that might affect any corporation.

Helen P (39)
Tuesday March 26, 2013, 2:33 am
signed and sent the message

paul m (93)
Tuesday March 26, 2013, 6:30 am


JL A (281)
Tuesday March 26, 2013, 8:13 am
You cannot currently send a star to Zee because you have done so within the last day.

James Maynard (84)
Tuesday March 26, 2013, 2:13 pm
We need to kick every one of these obstructionist
morons out of office.
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