Your Time Could Be Short

Republicans welcomed the new director of the Consumer Financial Protection Bureau, Richard Cordray to his first Senate hearing Tuesday, but not without a simple warning: Your time on the job could be short.

The Committee’s senior Republican Richard Shelby commented, “I suspect that the Supreme Court will ultimately decide the constitutionality of the president’s action,” referring to the controversial appointment of Cordray to the post by President Obama.

Here are some of the shots from the hearing, which I had hoped would have some more highlighted back and forth between Republicans and Cordray – but to my dismay, everyone stayed pretty civil.

Consumer Financial Protection Bureau Director RICHARD CORDRAY testifies before the Senate Banking, Housing and Urban Affairs Committee Hearing on "Holding the CPFB Accountable". (James Berglie/ZUMA Press)
Consumer Financial Protection Bureau Director RICHARD CORDRAY testifies before the Senate Banking, Housing and Urban Affairs Committee Hearing on “Holding the CPFB Accountable”. (James Berglie/ZUMA Press)

 

Consumer Financial Protection Bureau Director RICHARD CORDRAY testifies before the Senate Banking, Housing and Urban Affairs Committee Hearing on "Holding the CPFB Accountable". (James Berglie/ZUMA Press) 

Senator RICHARDY SHELBY questions Consumer Financial Protection Bureau Director Richard Cordray at the Senate Banking, Housing and Urban Affairs Committee Hearing on "Holding the CPFB Accountable". (James Berglie/ZUMA Press)