This is a strange move from the incompetent one. He will be gone in a year and the new admin will dump Cordray. Then, he will have given up his office in Ohio to join the Obama team for less than a year.
“the constitutional scholar and legal expert swiiiings and misses for strike three. boy, johnny, he was fooled on that pitch.”
Hey, why stop with this, let’s free the slaves and declare all mortgages null and void, with the mortgagee the legal owner.
IMHO this is cowardly Kabuki BS.
You can’t amend the constitution by law- there’s a specified procedure to amend it.
“The Office shall be headed by a Director, who shall be appointed by the President, by and with the advice and consent of the Senate.”
The ‘recess appointment’ clause supercedes boilerplate like this. [Though there is no ‘recess’!]
Then let's see these spineless Pubbies stand up to the first decision or regulation they try and hand down from this agency. They won't - they think they will glide to the 2012 elections without making a stink. By then, if they are lucky enough to take the Senate and the White House - they will probably leave this agency in place, rather than tear it down.
From the article: “White House spokesman Eric Schultz said, “The CFPB’s authorizing statute does not limit the president’s ability to exercise his constitutional power to appoint a director during a recess. The CFPB statute, like other statutes, makes clear that the director is a presidentially appointed, Senate-confirmed position, but it does not preclude a recess-appointed director from serving.”
— Where is there any support for this argument? I bet there’s nothing in the legislative history to support this bogus claim.
The law says it requires a Senate confirmation for a reason- if that wasn’t the intent they (the Dems) wouldn’t have put it in there.
Ah; Rob Portman pipes up to get his name out there, as he will probably be Romney-The-RINO’s VP pick.
Another Federal “office” stolen from the jury by twelve, by 15 Trillion N.Virginia.
Thou Shall Not Steal.