RedState: Once again, Mitch McConnell outsourced his leadership position to the McCain-Graham duo. He tapped them, along with Bob Corker and Roger Wicker – all from solid red states – to negotiate a compromise with Reid and Schumer over the filibuster and executive nominations. What could go wrong?Recognize most of these? They're many of the same who helped advance the amnesty bill through the Senate...
The outcome produced a compromise similar to the deals the Israelis cut with the Palestinians. In other words, it was all one-sided. Republicans agreed to allow Richard Cordray to direct the Consumer Financial Protection Board, even though he was originally appointed illegally. The following senators voted for cloture:
Ayotte (NH)
Blunt (MO)
Chambliss (GA)
Coats (IN)
Collins, S. (ME)
Corker (TN)
Flake (AZ)
Graham, L. (SC)
Hatch (UT)
Hoeven (ND)
Isakson (GA)
Johanns (NE)
Kirk (IL)
McCain (AZ)
Murkowski, L. (AK)
Portman (OH)
Wicker (MS)
The entire purpose of the CFPB is to limit the choices of consumers in financial markets, making it harder and more expensive to obtain credit. This unaccountable agency will operate autonomously within the Federal Reserve and will not be subjected to congressional appropriations or oversight. Now Republicans will have no leverage to preclude this time bomb from taking root. Worse, they gave away their bargaining chip to strike down all the illegal rules that were issued by the agency while Cordray was illegitimately serving at its helm.
They also agreed to open the door wide for the nomination of Tom Perez as Labor Secretary and Gina McCarthy as director of the EPA. Republicans claim they won a victory because Obama agreed to pull his two illegally appointed members to the NLRB – Richard Griffin and Sharon Block. However, they basically agreed to confirm any alternatives to those two leftists. Politico is reporting that Obama has already picked the replacements, one of which is the associate general counsel at the AFL-CIO. Evidently, they were both picked in consultation with Richard Trumka. Cordray and the new NLRB appointees will seek to validate the previous actions taken by the agencies as soon as they are confirmed.
Perhaps, the most important outcome of this deal is that Republicans have signaled that as long as Reid throws a temper tantrum about the nuclear option, they are willing to pay the ransom. This is not over. Reid will use it the next time he faces a filibuster.
It’s clear that John McCain and Lindsey Graham (and Chuck Schumer!) run the show on the Republican side. It would be nice if McConnell would stop bragging about being only the second Senate leader from Kentucky. This is not leadership.Related links: Consumer Bureau Gets a Leader, and Dodd-Frank Gets an Enforcer
Republicans Get Filibusted
Harry Reid’s favorite Republican: John McCain
Dodd-Frank, Obamacare And The Erosion Of The Rule Of Law
Third federal appeals court invalidates Obama NLRB recess appointments