Obama will announce this afternoon his re-nomination of Richard Cordray to lead the Consumer Financial Protection Bureau, the AP is reporting. Cordray’s nomination was blocked by Senate Republicans in his first terms over their objections to the Consumer Financial Protection Bureau itself, so Obama recess-appointed him to the post a year ago.

David Kurtz

David Kurtz is Managing Editor and Washington Bureau Chief of Talking Points Memo where he oversees the news operations of TPM and its sister sites.