Republicans scrutinize Obama's CFPB appointment:

01/5/2012 | Wall Street Journal, The · Politico (Washington, D.C.)

Republicans have raised questions about President Barack Obama's appointment of Richard Cordray as the director of the Consumer Financial Protection Bureau. Lawmakers, industry insiders and other observers say that the move conflicts with legal guidance from the Justice Department on recess appointments. Some argue that the appointment creates uncertainty among firms that will be subject to fresh oversight.

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Wall Street Journal, The · Politico (Washington, D.C.)

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