• Photo
Elizabeth Warren testifies before a Senate Finance Committee hearing

In this July 21, 2010, file photo, Elizabeth Warren testifies before a Senate Finance Committee hearing to examine the Troubled Asset Relief Program in Washington. (AP Photo/Manuel Balce Ceneta, File)

  • Also on WPRI.com
Slow-growing Southern New England cities lag U.S. peers
Warwick, New Bedford losing population

Rhode Island's biggest cities are among the slowest-growing in …

5/26: Farmers' markets, small-scale agriculture thriving in Rhode Island
5/26: Farming revival takes off in RI

This week: Noah Fulmer, executive director of Farm Fresh Rhode …

Coventry officials say school pension plan set to run dry isn't their problem
Coventry schools' pension plan orphaned

Coventry's pension plans have racked up a $121 million …

Ken Block to run for governor in '14
Ken Block to run for governor in '14

Moderate Party founder Ken Block will once again be the face of…

Cicilline introduces student loan bills
Cicilline introduces student loan bills

U.S. Rep. David Cicilline is co-sponsoring three bills designed…

Advertisement

US Sen. Warren: Allow vote on Obama consumer pick

Republicans say they'll oppose any nominee

Updated: Wednesday, 13 Feb 2013, 8:54 AM EST
Published : Wednesday, 13 Feb 2013, 8:36 AM EST

BOSTON (AP) -- U.S. Sen. Elizabeth Warren is joining with two fellow Democratic senators to urge Republicans to lift their opposition to President Barack Obama's choice to lead the federal Consumer Financial Protection Bureau.

Senate Republicans say they'll oppose any nominee, no matter party affiliation, to lead the organization unless the office created after the 2008 Wall Street financial meltdown is significantly changed.

Republicans argue there is too much power concentrated in the office.

Obama has re-nominated bureau director Richard Cordray, who had been named in a recess appointment last year.

Warren, who helped create the bureau, said the agency helps protect Americans when they take out credit cards or enter into mortgages.

Warren, Rhode Island Sen. Jack Reed and Ohio Sen. Sherrod Brown will call on Republicans Wednesday to allow a vote on Cordray's nomination.


Ground rules for posting comments: No profanity or personal attacks. Please comment on the subject of the story itself. If you do not follow these rules, we will remove your post. Keep it civil, folks!

Our commenting section is powered by IntenseDebate. If you registered for an account but didn't receive a verification e-mail, check your spam folder or click here for more information. For additional technical help, click here.

 

Advertisement
Advertisement
  • Politics

onPolitix Rhode Island

Track, discuss and debate Rhode Island politics.

  • Site Tools