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Released: March 13, 2013
GOP senators question consumer bureau’s budget
Source: Paul Davidson, USA Today
Senate Republicans Tuesday sharply questioned President Obama's nominee to head the Consumer Financial Protection Bureau about the agency's finances and gave no sign of backing off a pledge to block his confirmation unless the CFPB's structure is changed.
Freshman Sen. Elizabeth Warren, D-Mass., who proposed the CFPB while she was a Harvard professor, was the most vehement of several Democrats who assailed Republicans for blocking a director's nomination because of their opposition to an agency's structure.
Noting many agencies in Washington have a single director, she said, "No one in the U.S. Senate has held up a confirmation of their directors."
Read Full Article: GOP senators question consumer bureau’s budget
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