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mr. cordray to the financial protection bureau under the, under the dodd-frank act. the thing is, if mr. reid -- who i asked personally, i asked one of his aides if he believed in the constitution -- if he does believe in the constitution, then the senate's responsibility is add view and consent -- advise and consent on all nominees. the thing is, that involves having to reach the point where they decide that they are going to close down any further discussion about the nominees, and they're going to vote cloture. >> host: okay, bob, thanks for the call from kentucky. again, you're seeing some movement in the area known as the ohio clock. we know from our brief conversation with ed o'keefe at least two senators have departed the peating, menendez and rand paul, republican freshman of kentucky. not sure if others have left as well. but the reporters are standing by. the senate is in recess for the night, so they won't be back until tomorrow morning, but the podium is there if senate leaders decide to speak to reporters to explain exactly what happened in this two-hour-
mr. cordray to the financial protection bureau under the, under the dodd-frank act. the thing is, if mr. reid -- who i asked personally, i asked one of his aides if he believed in the constitution -- if he does believe in the constitution, then the senate's responsibility is add view and consent -- advise and consent on all nominees. the thing is, that involves having to reach the point where they decide that they are going to close down any further discussion about the nominees, and they're...
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mr. cordray was recess appointed. think it was because the president thought that he wouldn't be approved by congress. so what i'm about to tell you already is under the direction of this nominee. that recess appointment put him in charge of the consumer financial protection bureau. sounds like a good title, but the reason this is of utmost concern to me and has been for the past three years is the lack of congressional oversight and blatant privacy intrusions of the consumer financial protection bureau, the cfpb. the dodd-frank act which created the cfpb has been a hot topic of conversation since passage in 2010. there are a lot of important discussions about the consequences of the bill we're seeing three years down the road. these are important conversations to have. but today i'm focusing on the consumer financial protection bureau. the bureau, as allowed by the dodd-frank act, could collect up to $600 million every year but is not subject to the congressional appropriations process. the same congressional appropr
mr. cordray was recess appointed. think it was because the president thought that he wouldn't be approved by congress. so what i'm about to tell you already is under the direction of this nominee. that recess appointment put him in charge of the consumer financial protection bureau. sounds like a good title, but the reason this is of utmost concern to me and has been for the past three years is the lack of congressional oversight and blatant privacy intrusions of the consumer financial...
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mr. cordray, now say they are willing to work with us on. the fact is undisputably, we've been confirming lawfully nominated folks routinely and consistently. the energy secretary, 97 to nothing. secretary of interior, 87 to 11. the secretary of treasury, 71 to 26. the secretary of state, 94 to 3, just a few days after the senate got his nomination. the secretary of commerce, 97 to 1. the secretary of transportation, 100 to nothing. the director of the office of management and budget, 96 to nothing. the administrator for centers of medicaid and medicare services, 91 to 7. the chair of the securities and exchange committee on a decision vote, in other words, unanimously, and what about those awaiting confirmation have not not been unlawfully appointed? well, the senate's ready to volt on them too. regretfully, in my view, frankly, all of them appear ready to have the votes to be confirmed. i don't necessarily support them, but they have the votes to be confirmed. why don't they call them up? majority leaders determines what the orders of busi
mr. cordray, now say they are willing to work with us on. the fact is undisputably, we've been confirming lawfully nominated folks routinely and consistently. the energy secretary, 97 to nothing. secretary of interior, 87 to 11. the secretary of treasury, 71 to 26. the secretary of state, 94 to 3, just a few days after the senate got his nomination. the secretary of commerce, 97 to 1. the secretary of transportation, 100 to nothing. the director of the office of management and budget, 96 to...
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mr. cordray unfortunately was appointed on exactly the same day in exactly the same way. is the senate just completely lawless? do we not care what the federal courts say? i'm, i'm just stunned at, where we are. . . >> that is the rationale for the nuclear option? that's why i say it's a sad day for the senate, a sad day for america. >> mr. president? >> the majority leader. >> illegally appointed. why did president obama recess appoint cordray and the two nlrb members? because republicans have blocked them. blocked them, blocked them, blocked them. now, we count cordray as only 571 days. that went on long before he got there. elizabeth warren is the one who set up this program. they said, no chance, don't even think of bringing her here. that's where we became -- we came up with cordray. so these big crocodile tears, you know, you have recess appointments because the president had no choice if he wanted his team to work, and he said, oh, we would be happy to process them quickly. just like richard perez has been processed quickly, just like all these people who have been
mr. cordray unfortunately was appointed on exactly the same day in exactly the same way. is the senate just completely lawless? do we not care what the federal courts say? i'm, i'm just stunned at, where we are. . . >> that is the rationale for the nuclear option? that's why i say it's a sad day for the senate, a sad day for america. >> mr. president? >> the majority leader. >> illegally appointed. why did president obama recess appoint cordray and the two nlrb members?...
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mr. cordray. i thank all of my colleagues for an evening that i thought was very important in our relations in the united states senate. >> the majority leader. >> mr. president, we are, we may have a way forward on this, i feel fairly confident. but it's, as you know, that's why we need the time. so, um what we're going to do is go into a quorum. i think everyone would be better, would be well advised if they didn't talk about a lot of substantive matters. if you want to talk about senator markey, that's fine. but we have a few is to dot and ts to cross, and i need my -- i have to speak to the vice president. we're going to have the phone call with durbin, schumer and murray, so everything's doing well. now, mr. president, i will say that i hope that everyone learned the lesson last night that it sure helps to sit down and talk to each other. stand and talk, whatever it is. it was a very, very good meeting. it lasted four hours. people were still as highly engaged at the end of that four hours as
mr. cordray. i thank all of my colleagues for an evening that i thought was very important in our relations in the united states senate. >> the majority leader. >> mr. president, we are, we may have a way forward on this, i feel fairly confident. but it's, as you know, that's why we need the time. so, um what we're going to do is go into a quorum. i think everyone would be better, would be well advised if they didn't talk about a lot of substantive matters. if you want to talk about...
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mr. cordray. i thank all of my colleagues for an evening i thought was very important in our relations in the united states senate. >> mr. president, we may have a way forward on this. i feel fairly confident. as you know that's why we need the time. so what we're going to do is go to quorum. i think everybody would be better -- would be well advised if they didn't talk a lot about substantive manners. if you want to talk about senator markey, that's fine. we have our i's to dot and t's to cross. i will speak to the vice president. we'll have a phone call with durbin, shummer and murray. mr. president, i will say that i hope that everyone learned the lesson last night that it sure helps to sit down and talk to each other. either stand and talk and whatever it is. it was a very, very good meeting. it lasted four hours. people were still as highly engaged at the end of that four hours as they were at the beginning. so i think we seed a way forward that will be good for everybody. and i -- there are
mr. cordray. i thank all of my colleagues for an evening i thought was very important in our relations in the united states senate. >> mr. president, we may have a way forward on this. i feel fairly confident. as you know that's why we need the time. so what we're going to do is go to quorum. i think everybody would be better -- would be well advised if they didn't talk a lot about substantive manners. if you want to talk about senator markey, that's fine. we have our i's to dot and t's...
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mr. cordray. >> this is a gesture of good faith. >> not a bad deal. >> we averted the so-called nuclear deal, we're here in 2013, my sense is we'll be here again in the not too distant future. >> the nuclear option. >> the nuclear option. >> nuculear, it is pronounced. >> it is not a bad deal. >> almost two full years to the day after richard cordray was nominated by president obama to be the head of the protection bureau, they confirmed him to that job after first having a vote to allow a vote to confirm him to that job. such is the traffic jam senate republicans have created on confirming presidential nominations of all sorts, including judges. it was only after last night in a closed door meeting of 98 senators that harry reid was able to convince republicans that he really was ready to go forward with a change in senate rules that would prevent filibustering presidential nominees. it was first conceived years ago when the use of nuclear option would have provoked unlimited war with the democrats on the senate floor who then objected to the idea. once the democrats got the senate majority
mr. cordray. >> this is a gesture of good faith. >> not a bad deal. >> we averted the so-called nuclear deal, we're here in 2013, my sense is we'll be here again in the not too distant future. >> the nuclear option. >> the nuclear option. >> nuculear, it is pronounced. >> it is not a bad deal. >> almost two full years to the day after richard cordray was nominated by president obama to be the head of the protection bureau, they confirmed him to...
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mr. cordray. we will allow that vote and continue to work on the cfpb and that legislation. >> when you talk about that, senator, is it your goal to have more of a multilayered top to that, or would you like to see just one director? someone who can have accountable or is it the gop stance they would like to see a merging of people at the top for accountability? >> i have problems with the whole agency. but specifically as to this deployment we would like an inspector general pointed. the agency should be subject to that process so a number of things we will try to do. >> listen to jeff america all right. we did not get the commitment that we tried to get. we would try to confirm it now. address the nominations that need to be address to do make the system work for working people. >> do you think when we look at this, senator, that the president in wanting to put together and cobble together the team for his second administration, does he not have a right to pick that team? >> we are allowing him
mr. cordray. we will allow that vote and continue to work on the cfpb and that legislation. >> when you talk about that, senator, is it your goal to have more of a multilayered top to that, or would you like to see just one director? someone who can have accountable or is it the gop stance they would like to see a merging of people at the top for accountability? >> i have problems with the whole agency. but specifically as to this deployment we would like an inspector general...
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mr. cordray the other day is great news.hat's designed to help that individual homeowner, that small business, that small community bank. that was one of the major achievements of this bill. >> indeed. and seeing richard cordray finally sail through the nomination process i think was a shot in the arm for a lot of us that are concerned about financial regulation. former senator chris dodd and former congressman barney frank, thank you both so much for your time and thoughts. >> thank you, alex. >>> you are looking live at london. the nexus of royal baby watch 2013. we'll have the latest on labor day and a look at the social and economic significance of the monarchy. >>> but first, president obama resets the complex national dialogue on race. we'll discuss how the nation moves forward when harvard professor charles ogle tree joins us just ahead. is like hammering. riding against the wind. uphill. every day. we make money on saddles and tubes. but not on bikes. my margins are thinner than these tires. anything that gives me so
mr. cordray the other day is great news.hat's designed to help that individual homeowner, that small business, that small community bank. that was one of the major achievements of this bill. >> indeed. and seeing richard cordray finally sail through the nomination process i think was a shot in the arm for a lot of us that are concerned about financial regulation. former senator chris dodd and former congressman barney frank, thank you both so much for your time and thoughts. >>...
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mr. cordray, now say they're willing to work with us on. the fact is, undisputably, we've been confirming lawfully nominated folks routinely and consistently. the energy secretary 97-0. secretary of interior 87-11. the secretary of the treasury 71-26. the secretary of state 94-3, just a few days after the senate got his nomination. the secretary of commerce 97-1. the secretary of transportation 100-0. the director of the office of mapghmafnght and budget 96-0. the administrator of the centers for medicare and medicaid services 9 1-7. the chair of the s.e.c. on a voice vote -- in other words, unanimously. and what about the nominees still awaiting confirmation who have not -- not -- been lawfnlly appointed? the senate is ready is vote on them, too. and regretfully, if nigh view, frankly, all of them appear to be ready to have the votes to be confirmed. i don't necessarily support them, but they have the votes to be confirmed. why don't they call them up? the majority leader determines what the order of business is around here. he could have
mr. cordray, now say they're willing to work with us on. the fact is, undisputably, we've been confirming lawfully nominated folks routinely and consistently. the energy secretary 97-0. secretary of interior 87-11. the secretary of the treasury 71-26. the secretary of state 94-3, just a few days after the senate got his nomination. the secretary of commerce 97-1. the secretary of transportation 100-0. the director of the office of mapghmafnght and budget 96-0. the administrator of the centers...
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mr. cordray's nomination continues right now in the senate. you can see our live coverage on .span2 the house gavels in at noon eastern for general speeches. legislative work gets underway at 2:00 eastern. they have three bill schedule today dealing with easing regulation on small airplanes and oil pipeline standards. later in the week, the house debates parts of the new healthcare law. that is here on c-span today. right now, back live to to the senate energy and natural resources committee, holding hearing today on increasing domestic oil production and its impact on gasoline prices. >> a couple members of the committee are in the hearing room here. senators are waiting for the hearing to resume after votes on the senate floor. right now the senate voting whether to advance richard cordray's nomination for the consumer financial protection bureau. we are hearing live on c-span3, senate foreign relations committee talking to state the apartment officials to say that high risk to palm addict facilities must be upgraded or replaced to prevent any benghazi-like attack in the futu
mr. cordray's nomination continues right now in the senate. you can see our live coverage on .span2 the house gavels in at noon eastern for general speeches. legislative work gets underway at 2:00 eastern. they have three bill schedule today dealing with easing regulation on small airplanes and oil pipeline standards. later in the week, the house debates parts of the new healthcare law. that is here on c-span today. right now, back live to to the senate energy and natural resources committee,...
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mr. cordray and going further, as far as working relationships between the senators on these issues, what is the relationship going forward? as the17 republicans democrats to invoke cloture. joined in the final vote with democrats and the caucus to approve the nominations. oft was a collection republicans initially in the cloture vote who had been concerned about the possibility of shaking up the senate by changing the rules. many of them aggressively reached out to democrats to avert that crisis and try to come up with an agreement. on the confirmation vote, you needed about six votes for cloture and they got 17. for confirmation, they did not need republicans but the got enough of them. portmanthem like rob came along and voted for his fellow bauxite state resident, richard cordray , in part, anause the agency supported independent inspector general. many federal agents is have an independent inspector general so he is supported them as a full-blown agency agreed other republicans agree because they understand this is someone who deserves to serve and disqualified. they have no real con
mr. cordray and going further, as far as working relationships between the senators on these issues, what is the relationship going forward? as the17 republicans democrats to invoke cloture. joined in the final vote with democrats and the caucus to approve the nominations. oft was a collection republicans initially in the cloture vote who had been concerned about the possibility of shaking up the senate by changing the rules. many of them aggressively reached out to democrats to avert that...
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mr. cordray's nomination. the senate voted to confirm him. the vote was 66-34. it came after a deal was struck between senate republicans and democrats to avoid the so-called nuclear options. we're expecting president obama here in a moment or two. >> another quick update to talk about richard cordray. he was confirmed as directsor of the consumer financial protection bureau yesterday. the senate this morning, another president obama's nominees. voting to caught off debate on or fred hoffburg to serve as the director of the export import bank. there's the president. >> thank you. thank you, everybody. thank you. thank you. please have a seat. please have a seat. well, for decades the middle class in this country was the engine that powered the economy and that allowed us to all grow together. hard work paid off, responsibility was rewarded. it was that basic bargain that made this country great that no matter who you are, where you came from, you could make it if you put in enough blood, sweat and tears. but over time a winner take all philosophy began to take h
mr. cordray's nomination. the senate voted to confirm him. the vote was 66-34. it came after a deal was struck between senate republicans and democrats to avoid the so-called nuclear options. we're expecting president obama here in a moment or two. >> another quick update to talk about richard cordray. he was confirmed as directsor of the consumer financial protection bureau yesterday. the senate this morning, another president obama's nominees. voting to caught off debate on or fred...
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mr. richard cordray. hear all kinds of, the democrats did this, but i have not heard a sound explanation from mitch mcconnell or any of the other right-wingers as to why they are holding this up other than they do not like the idea of consumers being protected by this agency. work they do not like the of the consumer board, as well as the national labor relations board. if you tune into c-span 2 this morning, you will probably hear arguments against those two agencies, the work they do, the nominees that president obama has put forth. our coverage on c-span 2 of the toate when the test votes get underway, they come in around 10:00 a.m. eastern. of richardote cordray is expected around 11:00 a.m., and then senator reid will put forth all the other nominees we talked about this morning. our coverage then on c-span 2 will continue when the senate recesses for their luncheon. that is when both parties gather and discuss the agenda. span 2, we30 on c- will be taking your calls and your tweets in reaction to wh
mr. richard cordray. hear all kinds of, the democrats did this, but i have not heard a sound explanation from mitch mcconnell or any of the other right-wingers as to why they are holding this up other than they do not like the idea of consumers being protected by this agency. work they do not like the of the consumer board, as well as the national labor relations board. if you tune into c-span 2 this morning, you will probably hear arguments against those two agencies, the work they do, the...
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mr carney adjusts the homes in bad. sorry five c. and now that richard cordray has been confirmed as the director of the c f p b a top consumer watchdog won't be talking to congress about its budget and of course zine or not to clarify that's the game the mainstream media play is leave the fourth estate to us here at prime interest of all t.v. at leeds and regulators and that means you mr sacks and thanks for watching please come back and. tomorrow from everyone at prime interest i'm harry i'm boring have a great record. low. or lower. are low. is it possible to navigate the economy with all the details and to stick to misinformation and media hype will keep you up to date by decoding the mainstream have stated it's been your right. little. on larry king nutrition the politics of food our panel of experts separate food fact from fiction we tend to be preserver taste. for instance if we look at the number of people that are rated as either obese or overweight the united states we're looking at about two thirds of the adult population but the truth about g.m.o. fi
mr carney adjusts the homes in bad. sorry five c. and now that richard cordray has been confirmed as the director of the c f p b a top consumer watchdog won't be talking to congress about its budget and of course zine or not to clarify that's the game the mainstream media play is leave the fourth estate to us here at prime interest of all t.v. at leeds and regulators and that means you mr sacks and thanks for watching please come back and. tomorrow from everyone at prime interest i'm harry i'm...
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rider up bottling the monetary spigots at the bank of england mr carney it just the home of the bad. sorry but see now that richard cordray has been confirmed as the director of the see at the top consumer watchdog what we talking to congress about its budget and of course zine or not that's a course on that's the game the mainstream media play is leave the fourth estate to us here at prime interest will be at leeds and regulators and that means you mr sacks and thanks for watching please come back. tomorrow from everyone at prime interest i'm harry i'm boring have a great night. what drives american foreign policy values or merely interests washington claims it supports democracy as a universal value but makes a glaring exceptions when it suits its geo political purposes and what about the neo conservative agenda is it the genetic code the pax americana. the more. illegal. my. leg. is it possible to navigate the economy with all the details and to stick in misinformation and media hype will keep you up to date by decoding the mainstream status if in your. well. it's technology innovation all the latest developments from
rider up bottling the monetary spigots at the bank of england mr carney it just the home of the bad. sorry but see now that richard cordray has been confirmed as the director of the see at the top consumer watchdog what we talking to congress about its budget and of course zine or not that's a course on that's the game the mainstream media play is leave the fourth estate to us here at prime interest will be at leeds and regulators and that means you mr sacks and thanks for watching please come...
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broader borrowing the monetary spigots at the bank of england and mr carney is just the home of the bad. sorry but see now that richard cordray has been confirmed as the director of the c.f.p. be the top consumer watchdog won't be talking to congress about its budget and of course zine or not of course i mean that's the game of the mainstream media play this leave the fourth estate to us here at prime interest will be a leader and regulators and that means you mr sacks and thanks for watching please come back tomorrow from everyone apprehension and harry and boring have a great actor. cuckoo. cuckoo. cuckoo. some of these traditional chili lines they've been bred and developed and passed down from generation to. this is a total destruction of the culture of mexico by telling them i mean this this is not going to impact a swelling in mexico whatever happens here throughout the whole world now we're eating out about in the in the row in the eighty's in all the war and so are. genetically engineered crops why do you think this country is full of obese and sick people because we have a crappy food system. download the official pu
broader borrowing the monetary spigots at the bank of england and mr carney is just the home of the bad. sorry but see now that richard cordray has been confirmed as the director of the c.f.p. be the top consumer watchdog won't be talking to congress about its budget and of course zine or not of course i mean that's the game of the mainstream media play this leave the fourth estate to us here at prime interest will be a leader and regulators and that means you mr sacks and thanks for watching...
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broader bottling the monetary spigots of the bank of england mr carney it just the home has been bad . sorry but c. and now that richard cordray has been confirmed as the director of the c.f.p. be the top consumer watchdog won't be talking to congress about its budget and of course zine or not to clarify that's the game the mainstream media play is leave the fourth estate to us here at prime interest will tell you the elites and regulators and that means you mr sacks and thanks for watching up please. tomorrow from everyone at prime interest and harry and boring have a great back. to syria. or libya. or little. one of the greats spade blind to what is happening in their country. the american dream is disappearing. the houses with gardens are laid down. the poor are left. the streets are full of angry crowns fighting against. the stole the american dream lol. lol lol lol. lol . olympic gold. live. good speed. if you. wish. me luck good. luck. and. i. know me better a little. choose your language. we can. say still some of the. treatments that the consensus here can. change the opinions that you think are a couple. choose the st
broader bottling the monetary spigots of the bank of england mr carney it just the home has been bad . sorry but c. and now that richard cordray has been confirmed as the director of the c.f.p. be the top consumer watchdog won't be talking to congress about its budget and of course zine or not to clarify that's the game the mainstream media play is leave the fourth estate to us here at prime interest will tell you the elites and regulators and that means you mr sacks and thanks for watching up...
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broader borrowing the monetary spigots of the bank of england mr carney is just the home of the bad no one sorry but see now that richard cordray has been confirmed as the director of the c.f.p. be the top consumer watchdog won't be talking to congress about its budget and of course zine or not of course i mean that's the game and the mainstream media play this leave the fourth estate to us here at prime interest we'll keep the weeds and regulators and that means you mr sacks and thanks for watching please come back tomorrow from everyone abdurrahman trust and harry and boring have a great actor. exactly what happened that day i don't know but a woman killed. piers later is when i got arrested for. for a crime i did not do. we have numerous cases where police officers lie about polygraph results. innocent people to confess the police officers don't beat people anymore i mean it just doesn't happen really. in the course of interrogation why because there's been this is like meant no because the psychological techniques are more effective in obtaining confessions than physical abuse and they were taking they could get what they w
broader borrowing the monetary spigots of the bank of england mr carney is just the home of the bad no one sorry but see now that richard cordray has been confirmed as the director of the c.f.p. be the top consumer watchdog won't be talking to congress about its budget and of course zine or not of course i mean that's the game and the mainstream media play this leave the fourth estate to us here at prime interest we'll keep the weeds and regulators and that means you mr sacks and thanks for...
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mr. president after a required amount of debate we're going to move forward with the cordray nomination, which has been held up for some period of time. i would like to thank everybody on both sides of the aisle who have engaged in this debate and discussion. >> michael: what about thanking corecordray himself, who has had to put up with this foolishness. harry reid was as effusive as harry reid can be in his praise of john mccain. >> i'm going to tell one person and no one else how much i appreciate their advocacy here. their persuasiveness, persistence. no one was able to break through but for him. and he does it at his own peril. >> michael: jay carney also applauded mccain's work, but denied that the white house had any direct involvement in the deal. >> the white house was not involved in negotiating. the white house provided information and answered questions. when it came to working with hence, including senator mccain. what we've seen deserves credited for finding a solution here. >> michael: in the meantime,:mcconnell kept a low profile. >> i think it's a step in the right direc
mr. president after a required amount of debate we're going to move forward with the cordray nomination, which has been held up for some period of time. i would like to thank everybody on both sides of the aisle who have engaged in this debate and discussion. >> michael: what about thanking corecordray himself, who has had to put up with this foolishness. harry reid was as effusive as harry reid can be in his praise of john mccain. >> i'm going to tell one person and no one else how...
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and over cordray who probably under any other circumstances would get through easily. but very good reason why he should not go through this way. well, mr. president, i would like to put my following remarks in an appropriate place in the record. the presiding officer: without objection. mr. hatch: mr. president, i rise today to speak on what's known as obamacare, and what the obama administration did last week, hoping the american people weren't paying attention that impacts huge parts of the president's signature domestic policy achievement as our nation was celebrating the 4th of july. i'm talking about the administration's decision to suspend for a year, conveniently past next year's election, which is very interesting to me, enforcing what's known as the employer mandate, the requirement that businesses offer insurance to their employees or face a penalty. and then a rule issued by the department of health and human services last friday stating that it would not verify people's incomes before giving out premium subsidies. my gosh, we've got fraud all over the federal government, and they do something this stupid? and undesirable. w
and over cordray who probably under any other circumstances would get through easily. but very good reason why he should not go through this way. well, mr. president, i would like to put my following remarks in an appropriate place in the record. the presiding officer: without objection. mr. hatch: mr. president, i rise today to speak on what's known as obamacare, and what the obama administration did last week, hoping the american people weren't paying attention that impacts huge parts of the...