Bank Watchdog Caught by Court Choke Chain
"This puts tremendous pressure on Cordray's nomination and creates opportunities for Republicans to insist on some sort of deal, in return for his confirmation," Petrasic says.
Petrasic previously said that there could be a deal in Congress for a bill to create "a three-to-five member commission to replace the director" of the Consumer Financial Protection Bureau, "and have him become the first chairman."
-- Written by Philip van Doorn in Jupiter, Fla.
>Contact by Email.Follow @PhilipvanDoorn
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