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Sen. Elizabeth Warren warns GOP: Stalemate ends in bad government, not less government

By Eric W. Dolan
Monday, July 15, 2013 18:28 EDT
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Senator Elizabeth Warren in the Senate (Screenshot)
 
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Senator Elizabeth Warren (D-MA) warned Republicans on Monday that blocking President Barack Obama’s nominees only produced a dysfunctional government.

“I am new to the Senate, but I don’t understand why this body accepts a system where this kind of political stalemate won’t end in more government or less government but just in bad government – government that lacks the consistency, clarity, and predictability that honest businesses and hard-working families need to plan a future,” she said on the Senate floor.

In particular, Warren urged Senate Republicans to confirm Richard Cordray as the director of the Consumer Financial Protection Bureau. The relatively new federal agency, which Warren helped establish, regulates financial goods and services like mortgages and credit cards.

Senate Republicans have said they will not confirm a director for the bureau unless it is substantially weakened.

“I don’t understand why we would let an honorable public servant like Rich Cordray get stuck in this nonsense,” Warren continued. “I don’t understand why, when everyone says Rich is terrific, that we can’t just vote on his appointment. I know that some Republicans and lobbyists think that this filibuster on Rich’s appointment can shut down the work of the agency. They think it can shut down the agency and protect the big banks from any meaningful consumer protection rules.”

Watch video, uploaded to YouTube, below:

Eric W. Dolan
Eric W. Dolan
Eric W. Dolan has served as an editor for Raw Story since August 2010, and is based out of Sacramento, California. He grew up in the suburbs of Chicago and received a Bachelor of Science from Bradley University. Eric is also the publisher and editor of PsyPost. You can follow him on Twitter @ewdolan.
 
 
 
 
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