WASHINGTON, DC. (AP) -- The Senate has confirmed the nomination of Richard Cordray as the head of the Consumer Financial Protection Bureau.
Senate Majority Leader Harry Reid, D-Nev., said Tuesday morning that a deal was reached to avoid a change in filibuster rules. Confirmation votes began at 11:00am and were expected to continue into the afternoon. Republicans had threatened to block the nomination.
President Barack Obama nominated Cordray, a Grove City native and former Ohio attorney general, during a congressional recess in 2011. Republicans have tried to block the nomination not because of Cordray but because of the bureauâs setup.
Both sides met for more than three hours on Monday night to hammer out a deal.