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Thawing the Senate's 'Deep Freeze'

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For all the railing against dysfunction in the nation's capital, very little had actually happened to overcome it -- until this week. That's why the agreement to begin putting an end to Senate filibusters of presidential nominees is a very big deal. It is an acknowledgement that the only way to stop political bullying is to confront the bully.

Obama Gets His Way With Consumer Bureau Pick

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Because this is one of the things he can do from the Oval Office, President Obama pulled what his Republican opponents will no doubt characterize as a fast one by forcibly installing Richard Cordray on Wednesday as his chosen leader of the recently configured Consumer Financial Protection Bureau while Congress was on recess.

Senate Rejects Another Top Candidate for Consumer Panel

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Those dastardly Republicans have done it again. First they blocked President Obama's original choice, the esteemed Elizabeth Warren, to head up the new Consumer Financial Protection Bureau, and now Senate Republicans have shot down another stellar candidate, Richard Cordray.

Elizabeth Warren Out, Another Bank Critic to Lead Consumer Agency

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Fearing a tough confirmation fight, the Obama administration has decided that Elizabeth Warren will not head the new Consumer Financial Protection Bureau. Instead, the White House will nominate Richard Cordray, who was already selected to be the agency's top enforcer and who, in his previous gig as Ohio's attorney general, had put himself on the map by suing big banks. (more)

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