www.consumerwatchdog.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"President Obama yesterday disappointed his base in announcing he would nominate Richard Cordray to be the Director of the embattled Consumer Finance Protection Bureau. Harvard Law Professor Elizabeth Warren was long championed as the only acceptable choice for the post by Labor, consumer advocates, and progressive policy organizations. The decision to bypass Warren came after […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-22251","post","type-post","status-publish","format-standard","hentry","category-daily-program"],"_links":{"self":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts\/22251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/comments?post=22251"}],"version-history":[{"count":0,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts\/22251\/revisions"}],"wp:attachment":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/media?parent=22251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/categories?post=22251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/tags?post=22251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"warren\"](\"http:\/\/obamadiary.files.wordpress.com\/2011\/07\/barack-obama-richard-cordray-elizabeth-warren-timothy-geithner-2011-7-18-13-50-0.jpg?w=655&h=443\")
President Obama yesterday disappointed his base in announcing he would nominate Richard Cordray to be the Director of the embattled Consumer Finance Protection Bureau. Harvard Law Professor Elizabeth Warren was long championed as the only acceptable choice for the post by Labor, consumer advocates, and progressive policy organizations. The decision to bypass Warren came after months of reports that the President was actively seeking an alternative to her, as she was vehemently opposed by both Republicans and members of Obama\u2019s own cabinet. Warren was a key contributor to the 2010 financial reform legislation, and the architect of the Consumer Finance Protection Bureau. She has been the de-facto head of the Bureau, but enthusiastically endorsed Cordray as a permanent replacement. He is a Warren ally who has been working under her as \u201chead of enforcement.\u201d He is also the former Attorney General of Ohio. Yesterday, Warren praised Cordray in a blog post on the White House website, writing, \u201c[h]e has a proven track record of fighting for families\u2026 Rich is smart, he is tough, and he will make a stellar Director.\u201d While Warren is the most controversial figure for conservatives, some Republicans are simply opposed to the new agency as a whole. As recently as this May, 44 Republican Senators vowed to block anyone from being appointed as Director until the powers of the Bureau are significantly weakened. The President is working against the clock to secure this nomination before the agency is set to go live this Thursday. The Progressive Change Campaign Committee, a group that drummed up massive support for a Warren post to the CFPB, started up a new campaign \u2013 Warren for Senate.<\/p>\n