Search for: "RICHARD A. CORDRAY"
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12 Jan 2012, 1:28 pm
The Justice Department Office of Legal Counsel today released its opinion (dated January 6, 2012) concluding that President Obama had authority under the Recess Appointments Clause to appoint Richard Cordray as head of the Consumer Financial Protection Bureau and members... [read post]
12 Jan 2012, 11:10 am
Those are Richard Cordray's top three priorities as the new head of the Consumer Financial Protection Bureau. [read post]
12 Jan 2012, 8:41 am
Obama’s Jan. 4 appointment of Richard Cordray to lead the new Consumer Financial Protection Bureau stirred controversy among Republicans, who were opposed to his nomination. [read post]
12 Jan 2012, 8:09 am
Richard Cordray took over as new director of the Consumer Financial Protection Bureau, bypassing objections from Republicans who blocked his nomination because they wanted restrictions to the regulatory powers of the bureau. [read post]
12 Jan 2012, 7:59 am
(John Elwood) For the past week there has been a fair amount of speculation that, because no opinion had yet been posted on its webpage, the Office of Legal Counsel either was not consulted about President Obama’s recess appointment on January 4 of Richard Cordray and three NLRB members, or that it had been consulted and said no recess appointment could lawfully be made while the Senate was conducting pro forma sessions. [read post]
12 Jan 2012, 4:20 am
This past Monday, the following people Mark Calabria, director of financial regulation studies, Cato Institute Travis Plunkett, legislative director, the Consumer Federation of America Bruce Fein, former Reagan Administration associate deputy attorney general Laurence Tribe, Professor of Constitutional Law at Harvard University and author of more than 100 books and… [read post]
11 Jan 2012, 6:36 am
Following the recess appointment of Richard Cordray as its Director, the CFPB announced that, effective immediately, it has authority to oversee, regardless of size, nonbank mortgage companies, private education lenders, and payday lenders. [read post]
10 Jan 2012, 7:46 pm
The president's recess appointment of Richard Cordray to run the CFPB will create legal uncertainties and litigation that are "going to weaken the agency," Barofsky told American Banker editors in an interview on Friday. [read post]
10 Jan 2012, 1:47 pm
Following up on our posts from last week on President Obama's appointment of three new Members to the National Labor Relations Board, I did this interview with the excellent LXBN-TV: Check out the other great video clips on LexBlog's LXBN-TV site, including this one by Ballard Spahr's Christopher Willis discussing the related issue of Richard Cordray’s recess appointment as CFPB Director; and, this one by Pullman & Comley's Daniel Schwartz,… [read post]
10 Jan 2012, 4:36 am
Adler) Today’s WSJ features an op-ed by former federal judge Michael McConnell on President Obama’s decision to grant recess appointments to Richard Cordray to head the Consumer Financial Protection Board and three members of the National Labor Relations Board. [read post]
9 Jan 2012, 7:32 pm
It could also stiffen the spines of those who intend to de-legitimize not only the CFPB, but Roaring Richard, as well. [read post]
9 Jan 2012, 4:48 pm
We have an episode of LXBN TV on the NLRB recess appointments with Seth Borden to follow up Friday's episode on Richard Cordray's appointment as Director of the CFPB. [read post]
8 Jan 2012, 10:09 pm
President Obama's recess appointments last week of Richard Cordray to head the Consumer Financial Protection Board and three new members of the National Labor Relations Board have come under fire for violating a 3-day rule. [read post]
6 Jan 2012, 6:24 pm
In a letter to Attorney General Eric Holder, House Financial Services Chair Spencer Bachus (R-ALA) asked for information about the recess appointment of Richard Cordray to be Director of the Consumer Financial Protection Bureau, which the Chair described as a matter of significant public interest and importance. [read post]
6 Jan 2012, 3:52 pm
He says here that President Obama exceeded his constitutional powers in appointing Richard Cordray to head the Consumer Financial Protection Bureau because it is up to the Senate only, and not the President, to determine whether the Senate is in recess. [read post]
6 Jan 2012, 2:39 pm
Also, if you haven't caught the most recent episodes of LXBN TV, be sure to see Andrew Trask on the top class action lawsuits of 2011 and Chris Willis on Richard Cordray's recess appointment to the role of CFPB Director. [read post]
6 Jan 2012, 2:08 pm
by Nicole Flatow The case that Barack Obama’s recess appointment of Richard Cordray (pictured) and three others was constitutional “ought to be a slam dunk,” writes Harvard constitutional law professor Laurence Tribe in The New York Times. [read post]
6 Jan 2012, 1:07 pm
In the case of Richard Cordray, it was clear that Senate Republicans would block his appointment as head of the Consumer Financial Protection Board (CFPB) due to their opposition to how the Board is structured. [read post]
6 Jan 2012, 12:34 pm
Political Science Professor Sarah Binder of GWU, however, cites that very history to suggest that at least the appointment of Richard Cordray to the CFPB was simply "an aggressive use of executive power in face of the opposition’s foot-dragging over confirming a nominee to the CFPB. [read post]
6 Jan 2012, 12:33 pm
In a similar move with particular interest to those familiar with Ohio politics, President Obama also appointed former Ohio Attorney General Richard Cordray as director to the new Consumer Financial Protection Bureau (CFPB) (an agency vehemently opposed by Republicans). [read post]
