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Released: December 08, 2011
White House pushes vote on consumer agency chief
Source: Edward Wyatt, N.Y.Times (Free Registration)
The White House has undertaken an extraordinary push this week to promote the confirmation of a director for the new Consumer Financial Protection Bureau, despite signs that Senate Republicans will not budge from their vow to block any nomination to the post unless Democrats agree to overhaul the agency’s structure.
“Does anyone here think the problem that led to our financial crisis was too much oversight of mortgage lenders or debt collectors?” President Obama asked his audience during a speech on Tuesday in Kansas. To amplify that message, White House officials in recent days have conducted several briefings with reporters and arranged special access for print and television journalists from seven states where the administration thinks it might sway moderate Republican senators to break ranks.
Read Full Article: White House pushes vote on consumer agency chief
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