Senate Banking Committee Democrats fight for vote on Cordray nomination

There are likely enough votes in the Democratic-controlled Senate to confirm Cordray’s nomination, which only requires a. for the Senate to wait any longer to confirm him." Senate Banking Committee.

Senior Democratic aides said Reid would start the process of bringing up the nomination early in the. In March, the Senate Banking Committee approved Cordray’s renomination on a party-line vote, 12.

Democratic Members of the House Financial Services Committee today released a joint letter to Senator Minority Leader Mitch McConnell (R-KY), calling for him to agree to a vote of the full Senate on the nomination of Richard Cordray as Director of the consumer financial protection bureau (CFPB).

Cordray was nominated by the president, passed out of the Senate Banking Committee and the next step is a floor vote, albeit one he is likely to lose. The vote also provides the White House and Senate Democrats with more ammunition in their calls against Republican obstructionism.

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 · Nonetheless, the Senate Banking Committee voted along party lines to approve Kraninger’s nomination on August 23, sending the decision to the full chamber. Progress was then derailed by the contentious hearings for Supreme court nominee (now justice) brett kavanaugh, and then the mid-term elections.

The Senate on Thursday took up the nomination of Richard Cordray, President Obama’s choice to lead the new consumer protection board. It did not vote to confirm him. The outcome isn’t at all.

Today’s vote by the Senate Banking Committee was premature. No nominee for the Director of the Bureau of Consumer Financial Protection should receive consideration until the Democrats are ready to stop playing politics and work with us to make the Bureau accountable.

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WASHINGTON – As expected, Senate Republicans on Thursday blocked the nomination of Richard Cordray to head the Consumer Financial Protection Bureau, extending the two-year-long partisan fight over the agency. The vote was 53 to 45, almost entirely along party lines, and seven votes shy of the 60.

Elizabeth Warren Destroys CNBC Anchors By confirming Cordray, the Senate assured that he can remain in his post for a five-year term, and it effectively ended speculation about Cordray returning to Ohio to seek the Democratic. a floor.

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