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Tuesday, July 16, 2013

Senate Holding First Vote on Cordray

The Senate is holding a procedural vote this morning on the nomination of Richard Cordray to be Consumer Financial Protection Bureau (CFPB) Director.  The “cloture” motion to limit further debate requires 60 votes to pass, which is expected.  The Senate would then move forward to a final vote on the nomination as early as tomorrow.

The vote comes as Senate leaders reportedly have reached an agreement on stalled nominations that would require the replacement of two of the President’s three nominees to the National Labor Relations Board.  The agreement has not yet been approved by the White House or Senate Members.
Learn more from the Senate.