The Republican Cordray Cave-In Caucus

Reporting on Politics and Policy.
July 16 2013 12:52 PM

The Republican Cordray Cave-In Caucus

171452353
Bob Corker, pictured on Capitol Hill on June 24, 2013, was 17 Republican senators who voted for cloture in the nomination of Richard Cordray to head to Consumer Financial Protection Bureau.

Photo by Alex Wong/Getty Images

Back on Feb. 1, nearly every Republican senator signed on to a list of demands. They would not allow a vote on "any nominee to be the Director of the Consumer Finance Protection Bureau" unless Democrats allowed to put the agency's budget in regular appropriations and established a "bipartisan board of directors" to oversee it.

Forty-three of the then-46-member GOP caucus signed on. But today, 17 Republicans agreed to go ahead with Cordray's nomination. Fifteen of them had signed that letter, despite a distinct lack of CFPB concessions in the deal that avoided the nuclear option.

Advertisement

"Mr. Cordray has agreed to several things," said Sen. John McCain after a Republican huddle about the deal. "They'll tell you about 'em."

This was a little mysterious, and other Republicans who voted for Cordray said there really were no concessions from any party.

"There's certainly been discussions, but there are no structural changes as part of this," said Sen. Bob Corker. (Unlike McCain, he avoided signing that February letter.) "There is an openness to discuss those changes down the road, but no commitments."

David Weigel is a reporter for Bloomberg Politics

TODAY IN SLATE

Politics

Talking White

Black people’s disdain for “proper English” and academic achievement is a myth.

Hong Kong’s Protesters Are Ridiculously Polite. That’s What Scares Beijing So Much.

The One Fact About Ebola That Should Calm You: It Spreads Slowly

Operation Backbone

How White Boy Rick, a legendary Detroit cocaine dealer, helped the FBI uncover brazen police corruption.

A Jaw-Dropping Political Ad Aimed at Young Women, Apparently

The XX Factor
Oct. 1 2014 4:05 PM Today in GOP Outreach to Women: You Broads Like Wedding Dresses, Right?
Music

How Even an Old Hipster Can Age Gracefully

On their new albums, Leonard Cohen, Robert Plant, and Loudon Wainwright III show three ways.

How Tattoo Parlors Became the Barber Shops of Hipster Neighborhoods

This Gargantuan Wind Farm in Wyoming Would Be the Hoover Dam of the 21st Century

Moneybox
Oct. 1 2014 8:34 AM This Gargantuan Wind Farm in Wyoming Would Be the Hoover Dam of the 21st Century To undertake a massively ambitious energy project, you don’t need the government anymore.
  News & Politics
Politics
Oct. 1 2014 7:26 PM Talking White Black people’s disdain for “proper English” and academic achievement is a myth.
  Business
Buy a Small Business
Oct. 1 2014 11:48 PM Inking the Deal Why tattoo parlors are a great small-business bet.
  Life
Outward
Oct. 1 2014 6:02 PM Facebook Relaxes Its “Real Name” Policy; Drag Queens Celebrate
  Double X
The XX Factor
Oct. 1 2014 5:11 PM Celebrity Feminist Identification Has Reached Peak Meaninglessness
  Slate Plus
Behind the Scenes
Oct. 1 2014 3:24 PM Revelry (and Business) at Mohonk Photos and highlights from Slate’s annual retreat.
  Arts
Brow Beat
Oct. 1 2014 9:39 PM Tom Cruise Dies Over and Over Again in This Edge of Tomorrow Supercut
  Technology
Future Tense
Oct. 1 2014 6:59 PM EU’s Next Digital Commissioner Thinks Keeping Nude Celeb Photos in the Cloud Is “Stupid”
  Health & Science
Science
Oct. 1 2014 4:03 PM Does the Earth Really Have a “Hum”? Yes, but probably not the one you’re thinking.
  Sports
Sports Nut
Oct. 1 2014 5:19 PM Bunt-a-Palooza! How bad was the Kansas City Royals’ bunt-all-the-time strategy in the American League wild-card game?