Obama Bypasses Senate, Installs Consumer Chief
President Barack Obama says he won't take 'no' as an answer from Republicans, so he's going around them to appoint the head of a new consumer protection agency. In Ohio on Wednesday Obama named Richard Cordray to the post.
“We can’t wait to act to strengthen the economy and restore security for our middle class and those trying to get in it, and that’s why I am proud to appoint these fine individuals to get to work for the American people,” Obama said in a statement.
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