Majority of Senate votes to confirm consumer bureau leader

WASHINGTON Tue Jul 16, 2013 5:39pm EDT

President Barack Obama (R) speaks next to Richard Cordray after Obama announced Cordray's renomination to lead the Consumer Financial Protection Bureau in the State Dining Room of the White House in Washington, January 24, 2013. REUTERS/Larry Downing

President Barack Obama (R) speaks next to Richard Cordray after Obama announced Cordray's renomination to lead the Consumer Financial Protection Bureau in the State Dining Room of the White House in Washington, January 24, 2013.

Credit: Reuters/Larry Downing

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WASHINGTON (Reuters) - A majority of senators voted on Tuesday to confirm Richard Cordray as director of the Consumer Financial Protection Bureau, nearly two years after he was first nominated to the post.

Cordray was nominated in 2011 and had been serving as the bureau's leader in a temporary role since January 2012. The consumer bureau, which was created by the 2010 Dodd-Frank law, oversees mortgages, credit cards and other consumer financial products.

(Reporting by Emily Stephenson)

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Comments (4)
USAPragmatist wrote:
Hey GOP, now was that really that hard?

Jul 16, 2013 5:42pm EDT  --  Report as abuse
chekovmerlin wrote:
About time! Let’s get on with governing, rather than sandbox fights among the small children which seems to be the Congress of the past 8 years.

Jul 16, 2013 5:49pm EDT  --  Report as abuse
Obsilutely wrote:
ABOUT DAMN TIME!!!!!!!!!!!!!!!

Jul 16, 2013 5:50pm EDT  --  Report as abuse
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