Cordray and NLRB Appointments Unconstitutional

    Reagan Attorney General Ed Meese and Todd Gaziano, both with my employer The Heritage Foundation, have written an excellent piece in the Washington Post explaining why the installation of Richard Cordray as head of the newly created Consumer Financial Protection Bureau (CFPB) and Richard Griffin, Sharon Block and Terence Flynn to be on the National Labor Relations Board (NLRB) are unconstitutional acts.The president claimed to use the constitutional power of the | Read More »

    Richard Cordray, The Filibuster And The CFPB

    Senate filibusters over nominations often have more to do with policy issues than the qualifications of a nominee.  That’s the case now with the nomination of former Ohio Attorney General Richard Cordray to be the first Director of the Consumer Financial Protection Bureau (CFPB).  Much has been written about Cordray’s history as a liberal activist, yet the real motivation behind the Republican filibuster is an effort to protect consumers from | Read More »

    Richard Cordray and Over-Regulation

    A vote is scheduled today on the nomination of Richard Cordray to be the director of the Consumer Financial Protection Bureau (CFPB) in the Senate Banking Committee.  This nomination battle is a proxy fight over Dodd-Frank, also known as the “Wall Street Reform Bill,” and regulatory excess.  Expect Republicans to fight the Cordray confirmation as a means to slow a regulatory behemoth that imposes a | Read More »