Economy

Senate Republicans Successfully Filubuster Consumer Protection Bureau Nominee

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Senate Republicans today, as expected, filibustered the nomination of former Ohio Attorney General Richard Cordray to be the first director of the Consumer Financial Protection Bureau. The vote was 53-45, with 60 votes needed to break the filibuster. Sen. Scott Brown (R-MA) was the only Republican to vote in favor of confirming Cordray. Sen. Olympia Snowe (R-ME) voted present.