Economy

Scott Brown Reluctantly Backs Cordray Recess Appointment

Sen. Scott Brown (R-MA), facing a tough reelection battle against the person who helped set up the Consumer Financial Protection Bureau, came out in support of President Obama’s recess appointment today of Richard Cordray to head the agency. “I would have strongly preferred…[a] normal confirmation process,” Brown told the Huffington Post’s Michael McAuliff, but the “system is completely broken.” Brown was the only Republican senator to support Cordray’s nomination.