For once, Republican hostage-taking may have backfired.
"Earlier this month, 44 Republican Senators pledged to filibuster the nomination of anyone to head the Consumer Financial Protection Bureau unless the agency itself is significantly weakened.
This threat makes it much more likely that President Obama will have to use his constitutional authority to make a recess appointment to fill the top slot at the agency.
Our friends at the Progressive Change Campaign Committee have prepared a letter to President Obama supporting a recess appointment. This letter has been signed by CREDO Action, other progressive organizations and top academics (you can read the full text of the letter below).
Now we want to help build even more momentum by asking hundreds of thousands of activists to join us in signing this letter..." read more here