As expected, last week the Senate Republicans blocked President Obama's nomination of Rich Cordray to lead new consumer financial protection Bureau (CFPB). They kept the hostages, took the unprecedented step of blocking his first body weakened. unless
However, there are a few little signs that Republicans feel some heat over American consumers against them. On the eve of voting, Ohio Senator Rob Portman has said that even if the Republican filibuster held, he did not think Cordray's the nomination is dead and he will be supported, which makes three Cordray Republican Senator who has been showing signs of strain.
The key question is, what's next for nominees Cordray? Will President Obama's press and won the nomination, profit or will attempt to stall?
The President has two good options. One is to appoint the next Senate Cordray during the break, which means by 3 January. The other is kept hold votes on Cordray, forcing the Republicans to take on increased public pressure until they provide (or the President to make recess appointments). Although President Obama said after the vote that he would not "take options off the table", there is little reason to think he is so far the charting one of these courses. But he had to.
First, let's do a quick recap of the law on the promise of a break. Then we will talk politics.