Run time: 06:44
https://www.youtube.com/watch?v=808rDKbkuTA
Posted on YouTube: December 09, 2011
By YouTube Member: TheBigPictureRT
Views on YouTube: 81
Posted on DU: December 09, 2011
By DU Member: thomhartmann
Views on DU: 811 |
Ian Millhiser, Center for American Progress joins Thom Hartmann. Tonight - people who need a new loan - people who are signing a new credit card contract - and people who are are opening up a new checking account - still don't have anyone on their side making sure they're not getting screwed over by banksters. That's because - once again - Senate Republicans filibustered President Obama's nominee, Richard Cordray, to head up the newly-created Consumer Financial Protection Bureau. Cordray got a majority of Senators to back him - but Democrats couldn't get the 60 votes needed to overcome a near-unanimous Republican filibuster. Senator Scott Brown from Massachusetts was the only Republican to approve Cordray - and that's probably because a new poll shows Brown losing 7 points to Elizabeth Warren - the person who created the Consumer Financial Protection Bureau. So what exactly is the beef that Republicans have with Cordray and with consumer financial protections in the first place?
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