Senate votes against Consumers and Economic Recovery
Center for Responsible Lending
December 8, 2011
By a vote of 53-45 today, Senators failed to confirm Richard Cordray as head of the Consumer Financial Protection Bureau. Now there’s a clear record of who wants a return to the policies that sparked the financial crisis and taxpayer bailouts, and who wants reforms to make sure this never happens again.
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About the Center for Responsible Lending
The Center for Responsible Lending is a nonprofit, nonpartisan research and policy organization dedicated to protecting homeownership and family wealth by working to eliminate abusive financial practices. CRL is affiliated with Self-Help, one of the nation's largest community development financial institutions.