Cordray and NLRB Appointments Unconstitutional

By: Brian Darling (Diary)  |  January 6th at 02:30 PM  | 

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 »

Obama’s Imaginary Senate Recess

By: Daniel Horowitz (Diary)  |  January 5th at 11:30 AM  | 

Yesterday, Barack Obama engaged in one of the most unprecedented assaults on the Constitution.  He appointed Richard Cordray as the first chief of the Consumer Financial Protection Bureau and named three new members to the National Labor Relations Board, even though the Senate did not approve them and is not in recess.  Obama employed absurd casuistry to suggest that the Senate has in fact been | Read More »

Richard Cordray, The Filibuster And The CFPB

By: Brian Darling (Diary)  |  December 7th at 12:30 PM  | 

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

By: Brian Darling (Diary)  |  October 6th at 10:00 AM  | 

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 »