ally financial loan payoff
what should i get my mom for christmas i have no money
payday loans without upfront fees
fifa 13 easy money cheat
door to door loans in belfast
street legal racing redline easy money
i need a loan in uk
general revenue corporation student loan
infamy payday 2
personal loan companies columbia sc
fed loan fax number
high cost loan section 32
loans secured by household goods
jackson hewitt tax service loans
small business loans in louisville ky
how to check load and go balance
strategic herding behavior in peertopeer loan auctions
bank calculator loan malaysia
can you get a jcpenney credit card with bad credit
financing a portion of a firms assets with securities bearing a fixed rate
no credit check loans without guarantor
short term money loans canada
no credit check sheds
greenwoods loans manchester
easy quick first time payday loan
cattle loans
what are mortgage lenders looking for in bank statements
i appreciate your assistance in advance
pulsar 180 bike loan
car lots that finance bad credit in kansas city
need cash urgently in delhi
pokemon emerald visual boy advance codes
i need cash now but i have no bank account
abbey life home loans
how many loans does the average person have
how to get rid of personal loan debt
is plain green loans legal in ohio
6000 personal loan bad credit australia
s line on bank statement
personal loans india bajajfinservlending
best way to finance a used car loan
i need a loan yahoo.com
credit union loans calculator mullingar
washington mutual bank reo properties
child tax credit xmas paydays
check advance paintsville ky
4000 dollar loan
car repair loans in maryland
alternative home loan options
the 5 cs of loans
payday the heist 2 player split screen
online korean course for college credit
bike loan philippines
bank overdraft on cash flow statement
can i get a payday loan with someone elses bank account
money today september 2014 download
how to get easy money in apb reloaded
student loans cancelled at 50
credit approval letter sample
can a payday loan take you to court in texas
names of private loan company in usa
how do i get a cash advance on my old navy visa
very fast way to make money
money network adp total pay
buy zippo lighter online cash on delivery
cash express union city tn
sample format of personal guarantee for loan
short term loan melbourne
how to get loads of money on hill climb racing
loans from venture capital
instant cash payout
military paydays usaa 2014
compare personal loan dubai
24 month loans
washington federal auto loans
personal loan with bad credit no bank account
stop payment on check advance
houses for rent in maryland with no credit check
loan bank yang senang lulus
can you western union money to a bank account
home loan banks in kolkata
icici bank credit card instant emi
car loan in sydney
loan shark craigslist
how to build a payday loan website
what questions do banks ask for loan
capital one dental loan
best books on kindle lenders library
definition for short term loan
is dell financing easy to get
is installmentloans org legit
account now bank name and address
bad credit high income personal loan
no credit check car dealers in fredericksburg va
student emergency loans with bad credit
5 year 30000 loan
iphone 5 cash back deals india
loan shark on good times
monumental life insurance loan form
injustice how to get fast money

Corker to Obama: Don’t Circumvent Senate

Tennessee’s junior Senator, Bob Corker, has written a letter to President Obama. It’s in response to rumors the president may bypass the Senate to appoint Elizabeth Warren to head the Consumer Financial Protection Bureau, the new agency created as part of the massive financial reform bill.

Warren, a Harvard professor, is regarded on the left side of the political spectrum as a tough advocate for consumers. And on the right side of the divide, she’s regarded as a political firebrand.

Here’s the full text of the letter:

September 15, 2010

President Barack Obama

The White House

Washington, D.C., 20500

Dear Mr. President,

I am writing to express my concern over reports that you plan to appoint an interim head of the new Consumer Financial Protection Bureau, circumventing the intent of the legislation passed over the summer which established a confirmation process. I hope, as sometimes happens in Washington, these reports prove to be unfounded.

It is a key responsibility of the U.S. Senate and its committees of jurisdiction to advise and consent and one that I believe was not meant to be abdicated by the Executive Branch’s use of appointments. I strongly believe the intent of the Dodd-Frank legislation was to have the head of this bureau go through the nomination, vetting and confirmation process.

This particular position, one that was created just months ago, is unprecedented in the nature of its unfettered and unchecked authorities, which makes the confirmation process even more important to the interests of the American people. The individual who heads this bureau will be able to make rules, with ultimately no checks and balances, that could have broad reaching implications for the U.S. economy as it relates to accessing credit, social justice and the safety and soundness of the U.S. banking system. The job is disproportionately reliant on the decisions of one individual with access to large sums of taxpayer monies to carry out the agency agenda. Taxpayers deserve better stewardship in the determination of who will take on this responsibility.

I hope you will take seriously the intent and will of Congress to have a Senate confirmation process for the head of this new agency. While I was disappointed in the outcome and lack of checks placed on this agency, I believe that the nomination, vetting, and confirmation process is an important tool to ensure that a qualified, nonpartisan individual will head this agency and be accountable to Congress, taxpayers and the safety and soundness of the banking system of this country in the face of tenuous economic conditions.

Sincerely,

Bob Corker

United States Senator

Comments

  1. […] I mean. Why didn’t he just make a recess appointment? Bush did it all the time. Was he afraid a Republican might say “Boo!”? Bookmark […]

  2. […] Senator Bob Corker of Tennessee also pushed back, protesting the administration’s “circumventing” of the confirmation process in a […]

  3. […] an earlier blog post, I mentioned Tenn. Sen. Bob Corker’s letter to President Obama urging him not to tap […]

  4. […] Senator Bob Corker of Tennessee also pushed back, protesting the administration’s “circumventing” of the confirmation […]

  5. Jeffrey Ramsey says:

    Support Elizabeth Warren

Dansette

google