Obama Says Cordray Pick Shows Resolve to Aid Ordinary Americans
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President Barack Obama said his decision to use a disputed recess appointment to put Richard Cordray in place as director of the U.S. Consumer Financial Protection Bureau is part of his New Year’s resolution “to make sure that middle-class families regain the security they’ve lost over the past decade.”
“We can’t go back to the days when the financial system was stacking the deck against ordinary Americans,” Obama said in his weekly radio and Internet address.