The White House announced today that President Barack Obama plans to attempt a “recess appointment” of Richard Cordray to direct the Consumer Financial Protection Bureau, in addition to three recess appointments to the National Labor Relations Board — and that’s despite the fact that Congress is not officially in recess, as required …
President Obama concluded 2011 by accomplishing the remarkable feat of making the United States look worse than Communist China when it comes to promoting global economic freedom. On December 29, the Obama Administration announced that sleeping bags from developing countries will now be subject to a 9 percent tariff. President …
The White House announced Wednesday that President Obama would recess-appoint Richard Cordray as chairman of the new Consumer Financial Protection Bureau, and three new members to the National Labor Relations Board. There’s just one problem: The U.S. Senate is not in recess. The decision to appoint these officials nonetheless appears to …
By circumventing the lawful confirmation process, President Obama’s attempted “recess appointment” today of Richard Cordray to direct the Consumer Financial Protection Bureau (CFPB) demonstrates the very unaccountability that pervades the agency and requires reform. Although operational now, the CFPB has been largely confined to enforcing existing regulations, without authority to …
The British newspaper The Guardian has reported that the U.S. has agreed in principle to release high-ranking Taliban officials from Guantanamo Bay in return for the Afghan insurgents’ agreement to open a political office in Qatar. If true, this would demonstrate that the Obama Administration is dangerously naïve about the …
Last fall Sen. Richard Shelby (R-AL) visited Heritage to talk about the Consumer Financial Protection Bureau and the “unaccountable” nominee to head the agency. At the time, there was speculation President Obama would attempt to bypass the U.S. Senate to install Richard Cordray as CFPB director. That’s exactly what happened …
In a revelation that is quite shocking to anyone who knows anything about the 100-plus years of precedent on the recess appointment power or the separation of powers, the White House today announced that the President planned on making a purported recess appointment of Richard Cordray to the new Consumer …
The Iowa Caucus was not the only thing folks looking to the 2012 election were talking about this week. Barron’s Washington Editor Jim McTague warned that 2012 is likely to be a banner year for natural disaster declarations. Why? As the numbers show, “In nearly every presidential election year since …