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Washington
Inside Washington (05/09/2011)
* WASHINGTON (5/10/11)--Republicans are considering multiple strategies to block a recess appointment of the Consumer Financial Protection Bureau director position. A recess appointment was virtually guaranteed when 44 Republican senators last week signed a letter declaring their intention to block any nominee, without several significant changes to the bureau. However, Republican lawmakers are considering tactics to prevent a recess appointment or make it much less appealing to President Barck Obama. Republicans may hold short sessions during which no business is conducted, known as pro forma sessions, which prevent the Senate from being considered in recess. Or, if Obama made a recess appointment for the CFPB director, Republicans could hold up any other financial services nominees. Among the nominations still to be named are the heads of the Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency …


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The U.S. Court of Appeals restored NCUA lawsuit v. Barclays Capital that charged misrepresenting quality of $550M IN RMBS. See News Now Wed.
12 hours ago
Registration is now open for the online livestreaming of @TheNCUA March 19 open board meeting. http://t.co/yOuqdXHlxj
17 hours ago
Registration is now open for online viewing of @TheNCUA's March 19 board meeting. https://t.co/mMZoXSFjMe
17 hours ago
.@CFPB Director Richard Cordray's testimony that he will deliver before the #HFSC this afternoon. http://t.co/NA1aEOPAeh
18 hours ago
Consumer spending flatlines, savings ramp up #Market #NewsNow http://t.co/94kPuBpMRK
19 hours ago