Nightly News   |  January 04, 2012

Obama nominates Cordray despite Republican objections

President Obama appointed Richard Cordray, Ohio’s former attorney general, as head of the new Consumer Financial Protection Agency. NBC’s Brian Williams reports.

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This content comes from Closed Captioning that was broadcast along with this program.

>>> president obama was on the road himself today in shaker heights , ohio, outside cleveland where he announced h he's appointing that state's former attorney general to head the new consumer financial protection agency. this is what's known as a recess appointment . the president went around congress. he gave richard corday the job over the senate republicans who have been blocking the nominations. they argue the appointment is illegal because the senate isn't technically in recess. they say it's a sham meant to keep the president from filling jobs during the break. the courts will probably have the last word in this.