Obama Appoints Richard Cordray During Recess New York Magazine Wed, 04 Jan 2012 09:13 AM PST President Obama, who's historically been loath to ruffle feathers by making recess appointments, is ready to ruffle away: Congress is out of session, but he's set to announce the appointment of Richard Cordray as the head of the nation's new Consumer Financial Protection Bureau. | Romney wins Plymouth County GOP caucus Le Mars Daily Sentinel Wed, 04 Jan 2012 09:13 AM PST In a close race, Plymouth County Republicans Tuesday chose Mitt Romney as the candidate they'd like to see run against President Barack Obama in the upcoming general election. | Obama 'Can Be Defeated' Very Easily: US Sen. Grassley CNBC Wed, 04 Jan 2012 09:13 AM PST President Obama can be defeated, Sen. Charles Grassley, R.-Iowa, told CNBC Wednesday, the day after Mitt Romney eeked out a win in the Iowa caucuses. "He inherited a bad economy but every measure of the economy since he's been president has gotten worse in the three years," he said. | Geithner to travel to China and Japan next week Associated Press via Yahoo! Finance Wed, 04 Jan 2012 09:11 AM PST Treasury Secretary Timothy Geithner will travel to Beijing and Tokyo next week for discussions about the global economy and Iran sanctions.The trip follows the Obama administration decision to not name ... | McConnell: Obama Cordray Approach Is 'arrogant' FOX Business Wed, 04 Jan 2012 09:09 AM PST President Barack Obama's plan to appoint his candidate to run a new consumer watchdog bureau by bypassing Senate approval is an arrogant circumvention of the American people, Senate Republican Leader Mitch McConnell said Wednesday. | Cordray vows to protect consumers as head of watchdog Reuters via Yahoo! News Wed, 04 Jan 2012 09:07 AM PST CLEVELAND (Reuters) - President Barack Obama's nominee to head a new financial watchdog agency said on Wednesday he was ready to get to work, and would not be distracted by challenges to his appointment. "I can't be distracted by that. I've got a big job to do and I need to be 100 percent focused on what we can do to protect American consumers," Richard Cordray told Reuters. He said his first ... | Obama oversteps GOP to put Cordray to work overseeing financial companies The Sandusky Register Wed, 04 Jan 2012 09:07 AM PST Â In a defiant display of executive power, President Barack Obama on Wednesday will buck GOP opposition and name Richard Cordray as the nation's chief consumer watchdog. Outraged Republican leaders in Congress suggested that courts would determine the appointment was illegal. read more | White House: Iran Warning on Persian Gulf Shows 'Weakness' Payvand Iran News Wed, 04 Jan 2012 09:06 AM PST The Obama administration is brushing off Iran's warning to keep a U.S. aircraft carrier out of the Persian Gulf, saying it shows the Iranian government's "weakness." White House officials say international sanctions against Tehran are having an effect. | | |
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