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House Republican blocks consumer watchdog from testifying

WASHINGTON (Reuters) - A Republican lawmaker escalated a partisan fight over the new consumer protection watchdog on Monday, saying the bureau's leader was not welcome to appear before a congressional panel that oversees financial regulators.Full story

Single-director regulatory confirmations take longer -study

WASHINGTON (Reuters) - It takes about three times as long for the president and Senate to install new heads of financial regulatory agencies run by single directors as it does to approve leaders of bipartisan commissions, a study released on Thursday has found. Full story

Senate banking panel approves Obama's SEC, CFPB choices

WASHINGTON (Reuters) - A Senate panel voted to move forward two of President Barack Obama's choices to lead financial regulatory agencies, but his pick of Richard Cordray to lead the new consumer bureau likely still faces a tough path to final confirmation. Full story

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SEC nominee White says her legal work no barrier to job

Republicans pledge to block Obama's pick to head consumer bureau

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Related Photos

File photo of U.S. President Obama after renominating Cordray at the White House in Washington
File photo of U.S. President Obama after renominating Cordray at the White House in Washington

U.S. President Barack Obama stands next to Richard Cordray after Obama announced Cordray's renomination to lead the Consumer Financial Protection Bureau in the State Dining Room of the White House in Washington, in this January 24, 2013 file photo. The Senate Banking Committee on April 19, 2013 vo