President Obama will announce two new federal appointments today that are designed to send a signal to the financial industry that they aren't getting a free pass from Washington anymore.
The president addressed the Consumer Financial Protection Bureau on Friday, introducing its new chief, who he used a recess appointment to install, without addressing the controversial move.
Jon Stewart looked at the high-pitched rhetoric over President Obama's recess appointments and compared the outrage over the relatively arcane and minor bureaucratic loophole with the complete lack of outrage over his more clear-cut expansions of presidential authority.
The Atlantic's James Warren reminds us Richard Cordray, whom was just appointed as director of the Consumer Financial Protection Bureau, won Jeopardy! five times in 1987, which is not at all what Bloomberg meant by "Obama Nominees in Jeopardy After Cordray Appointment."
In a glowing speech in Cleveland, President Obama officially used his executive muscle to appoint Richard Cordray as the head of the Consumer Financial Protection Bureau.
President Barack Obama plans to use an executive "nuclear option" to appoint Richard Cordray to head the Consumer Financial Protection Bureau, circumventing Republican opposition by making the appointment between sessions of Congress.
President Barack Obama says the Senate Republicans' decision to block today's nomination "absolutely make no sense" and tells GOP critics of his foreign policy to ask Osama bin Laden about "appeasement."
Plus: A school bus battery thief is on the loose
Elizabeth Warren may have faced strong opposition from Republicans
Have a story we missed? A link we have to click? A sharp opinion about the news? Instead of waiting for us to post it, tell us on the Open Wire.
Submit your news and ideas | See all reader postsThe Atlantic Wire is your authoritative guide to the news and ideas that matter most right now. Our team tracks newsmakers and opinions across the entire media spectrum: newspapers, web sites, television, radio and magazines.
But we do more than just collect information. By synthesizing, analyzing and summarizing what’s out there, and adding new information when we can, we are a news engine that gives you a quick and valuable account of the issues of the day.
Have a hot tip? A story we missed? Tell us on the Open Wire
How to send us editorial or technical feedback
Get Five Best Columns in your inbox each morning (preview)
