The Bureau Without A Director

Law360, New York (December 14, 2011, 12:27 PM EST) -- On Dec. 8, nearly all Senate Republicans joined together to defeat a cloture motion on the nomination of former Ohio Attorney General Richard Cordray to lead the Consumer Financial Protection Bureau as its first director. Only one Republican voted in favor of the cloture motion: Sen. Scott Brown, R-Mass., who may have to defend his Senate seat next November against a vigorous challenge by Elizabeth Warren, the bureau’s chief architect. (Another moderate Republican, Sen. Olympia Snowe, R-Maine, voted present.)

A vote on a cloture motion is...
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