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Senate approves Cordray to head consumer bureau

Published on NewsOK Modified: July 16, 2013 at 4:37 pm •  Published: July 16, 2013
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WASHINGTON (AP) — The Senate has voted to confirm Richard Cordray as director of the Consumer Financial Protection Bureau, as senators approved the first of a batch of President Barack Obama's nominations freed for votes by a bipartisan agreement.

The 66-34 vote Tuesday came hours after Senate leaders worked out a deal freeing up seven stalled appointments for the consumer bureau and other agencies for simple majority votes by the chamber. In exchange, Democrats agreed to abandon for now an effort to change Senate rules to weaken the minority party's ability to block nominations, and Obama agreed to submit two different nominees for two labor posts.