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JOHNSON COMMENT ON RECESS APPOINTMENT OF RICHARD CORDRAY

January 4, 2012

WASHINGTON – Senate Banking Committee Chairman Tim Johnson (D-SD) released the following statement in response to the White House’s announcement that President Obama will recess appoint Richard Cordray to be the first director of the Consumer Financial Protection Bureau.
 
“With Richard Cordray leading the Consumer Financial Protection Bureau, Americans will finally get the consumer protections they deserve. Mr. Cordray is eminently qualified for the job, as even my Senate Republican colleagues have acknowledged. As Banking Committee Chairman I look forward to working with Mr. Cordray and the CFPB as he moves forward on implementing long-overdue consumer financial protections for all Americans.”
 
“It’s disappointing that Senate Republicans denied him an up-or-down vote, especially when it’s clear he had the support of a majority of the Senate.”
 
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January 2012 Majority Press Releases

January 31st JOHNSON STATEMENT AT CFPB OVERSIGHT HEARING
January 30th JOHNSON, SHELBY ANNOUNCE DETAILS OF NEW BIPARTISAN IRAN SANCTIONS LEGISLATION
January 30th JOHNSON, SHELBY RELEASE DETAILS OF BIPARTISAN TRANSIT LEGISLATION
January 27th JOHNSON, SHELBY ANNOUNCE MARK UP OF BIPARTISAN PUBLIC TRANSPORTATION AND IRAN SANCTIONS BILLS
  Current record