Senate Confirms Cordray For CFPB As Dems Pull NLRB Picks

Law360, Washington (July 16, 2013, 12:54 PM EDT) -- The U.S. Senate on Tuesday confirmed Richard Cordray as the director of the Consumer Financial Protection Bureau after Senate Democrats agreed to set aside two nominations for the National Labor Relations Board, averting a threatened Republican filibuster.

The Senate voted 66-34 to approve Cordray as CFPB director, after more than 700 days of Republican attempts to block the appointment through filibusters and other procedural blockades.

"I am honored to be confirmed by the Senate as the Director of the Consumer Financial Protection Bureau," Cordray said in...
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