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There was a meeting in the senate last light on the filibuster to block appointments, I understand the GOP doesn't like the agencies but this is not good. I understand both parties block appointments but almost 4 years for some of these positions is far too long.
Quote:
Harry Reid could go nuclear this summer.
Reid is looking to take dramatic action to get Richard Cordray confirmed as
head of the Consumer Financial Protection Bureau (CFPB). And according to
reports this week, he’s likely to push for a major battle
over the filibuster this summer once immigration reform is finished, but before
the fall budget battle heats up. Although the massive increase in the use of the
filibuster in recent years is a general problem, it’s of particular concern for
financial reform. Instead of just disapproving of a candidate, Senate
Republicans are explicitly blocking Cordray in order to rewrite important parts
of Dodd-Frank they don’t like.
The GOP has been quite frank for several years now: their problem isn’t with
Cordray, or with any specific candidate. They just don’t
want anybody in the office with the CFPB structured the way
it currently is under Dodd-Frank. Just look at the arguments conservatives put forward in early February, when 43 Republican senators signed a letter explaining why they would block any candidate for the position. (It’s very similar to a letter Republican senators signed in 2011.) The senators state, “We will continue to oppose the consideration of any nominee, regardless of party affiliation, to be the CFPB director until key structural changes [are made.]”
So what? Instead of being run by an political appointee it is led by a professional administrator and will probably do more good that way.
Of course the Repubs want to destroy the agency. They consider consumers to be dumb targets so the Repubs can make money selling junk at high prices. Just a better organized bunch of thieves.
It's just evident that the GOP has abdicated governing. It never occurred to the founders who wrote the Constitution that Congress would create a department or agency then willfully obstruct appointment of the heads of those departments or agencies.
What do they have against consumer protection, seems like they feel the agency would have too much power but no issue with letting banking have it's way with derivatives and other risky investment vehicles.
The issue isn't only consumer protection. It's also the Labor Relations Board, that doesn't have enough members to make a quorum. From Washington to GW Bush, 20 executive branch nominees were filibustered. Under Obama alone, 16 have been filibustered.
Of course Corpratists would object to the agency's existence. I think the so called Republican Party should be sued for keeping that title. They are The Corporatist Party and should own that title.
So what? Instead of being run by an political appointee it is led by a professional administrator and will probably do more good that way.
Of course the Repubs want to destroy the agency. They consider consumers to be dumb targets so the Repubs can make money selling junk at high prices. Just a better organized bunch of thieves.
Well they are. The banking industry got to write those consumer protection laws.
The issue isn't only consumer protection. It's also the Labor Relations Board, that doesn't have enough members to make a quorum. From Washington to GW Bush, 20 executive branch nominees were filibustered. Under Obama alone, 16 have been filibustered.
They agreed to Cordray's appointment to the consumer protection agency and they will nominate 2 new appointees to the FLRB, some of the FLRB decisions were questionable, they do need to establish fair and professional people.
This is a great example when some indicate the GOP isn't obstructing.
Well they are. The banking industry got to write those consumer protection laws.
I am sure they had some input through their lobbies but this is an improvement, they are most likely the group that wants to dismantle the consumer protection bureau. Imagine Goldman Sachs indicating the agency has too much power.
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