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Breaking News: Obama waits no longer, appoints Cordray during recess
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Regulatory Updates
Wednesday, January 4, 2012
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President Barack Obama decided to wait no longer, appointing Richard Cordray director of the Consumer Financial Protection Bureau during a speech in Cleveland, Ohio. This bold move has already met with much criticism from Senate Republicans, who question his legal right to make the appointment. Read on for more from the president’s speech.
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