The U.S. Senate confirmed Richard Cordray to lead the Consumer Financial Protection Bureau as Republicans and Democrats avoided a rule fight that risked gridlock in the chamber.
Senators voted 66-34, as 12 Republicans joined Democrats to confirm Cordray more than two years after President Barack Obama nominated him to lead the agency created by the 2010 bank-regulation law. Obama nominated two new candidates for the National Labor Relations Board to replace those who drew Republican objections.
