Senate republicans are disturbed that President Obama has made a recess appointment of Richard Cordray as the director of the Consumer Financial Protection Bureau. South Dakota Senator John Thune says too much power is concentrated in too few hands…
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2012/01/John-Thune-105a.mp3|titles=John Thune 105a]Thune says while consumers deserve protection, this bureau is not the way to get it…
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2012/01/John-Thune-105b.mp3|titles=John Thune 105b]Thune says it casts doubts on the Presidents willingness to work with Congress this year…
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2012/01/John-Thune-105c.mp3|titles=John Thune 105c]Democratic Senator Tim Johnson says Cordray is eminently qualified for the job and that he had the support of a majority in the Senate. He says it’s disappointing that Senate Republicans denied him an up-or-down vote. The appointment will be effective for at least two years.