Senate GOP Blocks Cordray Confirmation

Senate GOP Blocks Cordray Confirmation Senate Republicans have voted in near-unison to block the confirmation of Richard Cordray as director of the Consumer Financial Protection Bureau.

TheHill.com reports that today's 53-46 vote effectively halts Cordray's nomination from proceeding further. Sixty votes are needed to close the Senate debate and move forward with a confirmation vote. Sen. Scott Brown, R-Mass., was the only GOP senator to vote in favor of Cordray, while Maine Sen. Olympia Snow voted present.

‘We're not going to let the president put another unelected czar in place, unaccountable to the American people,’ said Senate Minority Leader Mitch McConnell, R-Ky.

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