Crossroads GPS Statement on Obama Recess Appointment of Richard Cordray to run the Consumer Financial Protection Bureau

WASHINGTON – Crossroads Grassroots Policy Strategies (Crossroads GPS) today released the statement below concerning President Obama’s recess appointment of Richard Corday to head the Consumer Financial Protection Bureau (CFPB).

 Please credit the statement below to Steven Law, president and CEO of Crossroads GPS:

“Barack Obama said he would change Washington, but he’s making it worse with backroom tactics and massive power grabs like recess-appointing Richard Corday. Obama’s backroom tactics and political maneuvering further proves he can’t lead, and can only play typical Washington games.

“Democrat Senate Majority Leader Harry Reid failed to generate the votes to confirm Mr. Corday to run the CFPB in December due to concerns about accountability and transparency. Today’s ‘recess appointment’ violates at least half a century of bipartisan constitutional consensus about when such appointments are legally permitted – as presidents of both parties have long agreed they are entirely inappropriate when the Senate is in recess for a short time.”

Crossroads GPS is a policy and grassroots advocacy organization that is committed to educating, equipping and mobilizing millions of American citizens to take action on the critical economic and legislative issues that will shape our nation’s future. 

For more information or to arrange an interview, contact Jonathan Collegio at [email protected] or (202) 559-6424.