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FOR IMMEDIATE RELEASE
October 6, 2011
Ohio
Democratic Party Chairman Chris Redfern Congratulates Richard Cordray on
Committee Vote
Urges Republicans to Stop Obstructing His Appointment
COLUMBUS - Today, Ohio Democratic Party
Chairman Chris Redfern issued this statement following the Senate Banking
Committee vote on the appointment of Richard Cordray as director of the
Consumer Financial Protection Bureau:
“There is no better advocate for consumers and small businesses than Richard
Cordray. A man of his expertise is desperately needed to protect Americans
from a return to the Wall Street abuses that brought about the worst
recession since the Great Depression. America’s Main Street was devastated by
greed on Wall Street, but Richard Cordray went to bat and recovered billions
of dollars for middle class families. As director of the Consumer Financial
Protection Bureau, Rich will do for our country what he did so effectively
for Ohioans. President Obama could not have made a better choice to lead this
vital agency. I congratulate Rich on his committee approval and commend
Senator Sherrod Brown for his diligent work to ensure this result.
“Despite how much Richard Cordray’s leadership is needed at this critical
time, Republicans are standing in the way of his nomination and putting our
economy at risk. Republican presidential candidates are tripping over
themselves to push for the repeal of Wall Street reform and return us to the
corporate practices that benefited those at the very top while hurting all
other Americans. Senate Republicans have promised to play politics with this
nomination because that’s what their friends on Wall Street want them to do.
It’s time for Republicans to help grow our economy and stand up for our
middle class. I call on Senator Rob Portman and all Republican Senators to
stop their charades and support the confirmation of Richard Cordray when it
comes to a vote on the Senate floor.”
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