Assessing The Recess Appointment Of CFPB Director

By Reginald Brown, Russell Bruemmer and Eric Mogilnicki (January 5, 2012, 3:16 PM EST) -- On Jan. 4, the White House announced that President Obama made a recess appointment of Richard Cordray as the first director of the Consumer Financial Protection Bureau. This appointment marked the latest move in an extended battle between the White House and Senate Republicans over the bureau....

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