Senate Confirms Cordray As Consumer Financial Protection Bureau Chief

Following a tentative deal to confirm a slew of presidential nominees to executive positions without the use of the “nuclear option,” the U.S. Senate on Tuesday confirmed President Barack Obama’s nomination to run the newly created Consumer Financial Protection Bureau.

Sixty-six senators voted to confirm Richard Cordray’s nomination, which was stalled under a lengthy Republican filibuster. Thirty-four senators opposed.

Sen. Elizabeth Warren (D-MA), who is credited with hatching the idea for the CFPB, presided over the vote.

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