Chairman Cleaver’s Statement on the Senate Republicans Block of the Confirmation of Richard Corday as Head of the Consumer Financial Protection Bureau
Chairman Cleaver’s Statement on the Senate Republicans Block of the Confirmation of Richard Corday as Head of the Consumer Financial Protection Bureau
Washington, DC - Chairman Emanuel Cleaver, II released the following statement today after the Senate Republicans blocked the confirmation of former Ohio Attorney General Richard Corday as head of the Consumer Financial Protection Bureau (CFPB):
“It has become clear that the important thing to many Members of Congress is politics as usual when it should be the welfare and the well-being of the American people. Today, Senate Republicans rejected Richard Cordray to head up the Consumer Financial Protection Bureau. This is an affront to middle class that work hard and play by the rules. This disappointment is proceeded by a long history of rejection where politics trumps legislative productivity from the American Jobs Act to the extension of current federal unemployment insurance programs through 2012.
“As we approach the holiday season with high overall unemployment, and African American unemployment specifically remains in the double digits, we still have no comprehensive jobs bill. Instead, the Senate Republicans rejected the American Jobs Act, which would put millions of people back to work including: teachers, first responders, and construction workers. Now, Members of the Congressional Black Caucus are fighting to provide those who have suffered the most from the great recession with unemployment insurance. Most unemployed Americans no longer receive unemployment insurance benefits and it is vital that we amend our safety net to reflect the protracted economic hardship that our nation and citizens are experiencing.
“Some Members of Congress continue to risk tax relief for millions of Americans while protecting massive tax cuts for the few people making more than a million dollars per year. This is an outrage. Extending and expanding payroll tax cuts would put $1,500 into the pockets of the typical middle class family and at least 400,000 jobs would be lost if the payroll tax cut is blocked.
“The Members of the Congressional Black Caucus believe that we still have an opportunity to show the American people that we have their best interests in mind. As we enter into the holiday season it is heartless to turn our backs on our citizens for selfish reasons or even worse, an election. To demonstrate that this Congress is both morally and fiscally responsible, let’s stop the rejecting and let us do our job of protecting.”
- Chairman Emanuel Cleaver, II
